Listed with Stephen DiJulius, St. Joseph Realty Group

Price $209,000
Status Active
Beds 4
Baths 4 Baths
Home size 4,284 sqft
Lot Size 4,356 sqft
Days on Market 1
Investor opportunity! Well-maintained fully occupied 4-plex in Northwest South Bend offering stable in-place income with upside through rent optimization. All units are 1 bed / 1 bath on 1-year leases, making this a clean, scalable portfolio addition. Current gross rents approx. $2,925/month, with below-market rents and a strong rental history showing prior rents as high as $900-$1,100/month, providing clear room for growth. The property has been consistently maintained and does not require major rehab, allowing a new owner to step in without heavy capital expenditures. Located on a high-visibility corridor in a working-class pocket of Northwest South Bend, this asset is well suited for investors focused on cash flow, workforce housing, and portfolio growth. A large off-street parking lot adds meaningful tenant appeal and long-term stability. Seller is completing minor common-area improvements, including a window replacement and fresh paint.
Property Type(s): Multi Family
Last Updated 1/8/2026 Tract Pleasant Homes
Year Built 1928 County St. Joseph

SCHOOLS

School District South Bend Community School Corp
Elementary School Madison
Jr. High School Clay
High School Riley

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Range, Refrigerator, Washer
CONSTRUCTION Brick
HEAT Forced Air
LOT 4356 sq ft
LOT DESCRIPTION Corner Lot, Level
LOT DIMENSIONS 40X113
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION Pleasant Homes
TAXES 1954
WATER Public
Listed with Stephen DiJulius, St. Joseph Realty Group
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Last Updated On: 1/9/26 5:22 PM PST
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This IDX solution is (c) Diverse Solutions 2026.

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