Triplex

South Bend, IN Triplexes for Sale

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Mishawaka, IN Roseland, IN Granger, IN Niles, MI Osceola, IN New Carlisle, IN Elkhart, IN Lakeville, IN
Renovated Triplex
Updated: Sep 15
Renovated Triplex

602 N Frances Street, South Bend, IN 46617

$650,000
2,722 sqft 0.08 AC lot
Three apartments: 1‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 3‑bedroom/2‑bath
2,722 square feet on a 0.08‑acre lot
Main floor updated in 2022; upper apartment renovated in 2025
Air‑conditioning units installed in 2022; water heaters replaced within the past five years
Full basement includes a washer and dryer
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3-Unit Residential Property
Updated: Oct 1
3-Unit Residential Property

536 E Dayton Street, South Bend, IN 46613

$99,000
2,400 sqft 0.12 AC lot
Three apartments totaling 2,400 square feet on a 0.12‑acre lot
Unit mix: one 3‑bedroom, 2‑bath apartment and two 1‑bedroom, 1‑bath apartments
Built in 1922; all units are occupied under month‑to‑month leases
Owner pays utilities, with monthly tenant reimbursement
Three separate street addresses serve the units
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Three-Unit Triplex with Available Unit
Three-Unit Triplex with Available Unit

502 N Arthur St, South Bend, IN 46617

$365,000
2,209 sqft

Tenants pay their own electric, supporting a straightforward utility arrangement across the property.

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See hot listings in South Bend

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Triplex with Rear Storage Garage
Triplex with Rear Storage Garage

3306 3308 Mishawaka Ave, South Bend, IN 46615

$249,900
2,064 sqft

All three units are leased, with a two-bedroom layout alongside two one-bedroom residences.

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4 active listings match your search: For sale in South Bend, IN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

3-Unit Residential Triplex
3-Unit Residential Triplex

1051 Middlebury Street, Elkhart, IN 46516

$199,900
3,630 sqft 0.24 AC lot

Gas and electric service are separately metered; water and sewer are not.

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Triplex with Off-Street Parking
Triplex with Off-Street Parking

616 N Michigan Street, Elkhart, IN 46514

$184,900
1,502 sqft 0.20 AC lot

The property includes off-street parking and a new furnace dated 2026.

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3-Home Triplex with Lake Access
3-Home Triplex with Lake Access

93402 Lee Street, Dowagiac, MI 49047

$339,000
0.28 AC lot

Three separate two-bedroom homes offer rental-use flexibility subject to township approval and single-family residential zoning.

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Triplex With Detached Garage
Triplex With Detached Garage

423 E Division Street, Dowagiac, MI 49047

$199,900
0.38 AC lot

Three separate apartments include two one-bedroom units and one two-bedroom residence.

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South Bend, IN Triplexes Market Trends and Statistics

Explore 4 triplexes for sale in South Bend, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,395 square feet of properties for sale, with an estimated market value of $1,363,900.

Sale prices for three-family homes in South Bend, IN start at $99,000, averaging $340,975, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 9
Triplexes 5
Apartment buildings 3
Quadplexes 2
Short term rental properties 1

Demographics Overview

Population 149K
Population Growth (5Y) +1.7%
Median Household Income $59,952
College Educated 31.9%

High-Yield Neighborhoods for Investment

Identify South Bend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46613 $99K
46615 $249.9K
46617 $555K

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $39.44 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Joseph County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in South Bend fall within the 100,000+ square foot range.

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