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
Three-Unit Triplex with Available Unit
Updated: Aug 17
Three-Unit Triplex with Available Unit

502 N Arthur St, South Bend, IN 46617

$365,000
2,209 sqft
Three‑unit configuration with one 3‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units
Two units occupied; one 1‑bedroom, 1‑bath unit available after March 31
Tenants pay their own electric
Located near the University of Notre Dame campus
Near Eddy Street Commons retail, dining, office, and residential development
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Triplex with Rear Storage Garage
Updated: Aug 22
Triplex with Rear Storage Garage

3306 3308 Mishawaka Ave, South Bend, IN 46615

$249,900
2,064 sqft
Three‑unit configuration with two 1 bed/1 bath units and one 2 bed/1 bath unit
2,064 square feet of residential building area
All 3 of 3 units are leased
Rear garage designated for storage
Hardwood floors and backyard
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Renovated Triplex with Full Basement
Renovated Triplex with Full Basement

602 North Frances Street, South Bend, IN 46617

$650,000
2,722 sqft

Three updated units offer varied layouts, shared laundry, storage, and outdoor space.

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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.

Cap Rate available after sign in
Est. NOI available after sign in
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in South Bend, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Renovated Triplex
Renovated Triplex

616 N Michigan Street, Elkhart, IN 46514

$191,900
1,502 sqft 0.20 AC lot

Three-unit rental property with a basement, laminate flooring, and off-street parking.

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Renovated Triplex with New Furnace
Renovated Triplex with New Furnace

616 N Michigan Street, Elkhart, IN 46514

$191,900
1,502 sqft

Three-unit rental property with renovations completed before tenant occupancy and a new furnace installed this year.

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Spacious Three-Unit Investment Property
Spacious Three-Unit Investment Property

423 East Division Street, Dowagiac, MI 49047

$199,900
644 sqft

Three units, garage, and large yard investment opportunity.

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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 3 triplexes for sale in South Bend, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,995 square feet of properties for sale, with an estimated market value of $1,264,900.

Sale prices for three-family homes in South Bend, IN start at $249,900, averaging $421,633, 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 7
Apartment buildings 3
Triplexes 3
Short term rental properties 2

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
46615 $249.9K
46617 $615K

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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