502 N Arthur Street, South Bend, IN 46617
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by: tyler glenn
Office: tiffany group real estate advisors llc.
MLS#:202611767
Source:Indiana Regional MLS
Price summary
- Price:$365,000
- Price per sq. ft.:$111.76
About this home
Located just minutes from the University of Notre Dame, 502 N Arthur St presents a compelling investment opportunity in one of South Bend’s most consistently performing rental corridors. Offered at $365,000, this well-positioned triplex benefits from strong in-place income, future upside, and proximity to ongoing growth along the Eddy Street Commons district. The property features three units: one spacious 3-bedroom, 2-bath unit and two 1-bedroom, 1-bath units. Tenants pay their own electric, helping keep operating expenses low. Two units are currently occupied, while the third (a 1 bed / 1 bath) was recently vacated on March 31 and previously rented for $1,000/month, offering immediate lease-up potential or flexibility for an owner-user. The property supports a market rent roll of approximately $3,200/month. This location is a major highlight—just a short distance to Notre Dame’s campus, making it highly attractive to students, faculty, and local renters. Additionally, the continued expansion and investment along Eddy Street Commons—featuring retail, dining, office, and residential development—has transformed the area into a vibrant, walkable hub and continues to drive rental demand and property appreciation....
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Home facts
- Year built:1915
- Listing ID #:202611767
- Added:88 day(s) ago
- Updated:July 05, 2026 at 03:55 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Laminate
- Basement Description:Full Basement, Unfinished
- Living area:2,209 sq. ft.
Heating and cooling
- Heating:Electricity
Structure and exterior
- Year built:1915
- Building area:2,209 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Corner, Level
- Architectural Style:Two Story
- Construction Materials:Vinyl
- Exterior Features:Porch Covered
- Levels:2 Stories
Schools
- High school:Adams
- Middle school:Jefferson
- Elementary school:Nuner
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$365,000
- Price per sq. ft.:$111.76
- Tax amount:$8,401
Parking
- Garage spaces:1
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