$874,900

Estimated payment $4,799/month

Total Views 136
6 Beds
4 Baths
2,722 Sq Ft
$321 Price per Sq Ft

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Stone Countertops
  • Cody Elementary School Rated A
  • Corner Lot
  • Community Fire Pit

About This Home

Rare fully renovated triplex less than a to mile Notre Dame - offering exceptional short-term rental potential in a rapidly developing, high-growth area. This turnkey investment features three versatile units—a 1 bedroom/1 bath, a 2 bedroom/1 bath, and an expansive 1,300+ sq. ft. 3 bedroom/2 bath second-story unit with full living and dining rooms. The property has been completely updated inside and out with new exterior paint, roof, soffits, fascia, gutters, lighting, concrete patio, fenced yard, and gas fire pit on a timer. Major mechanicals have been updated as well, including all new AC units installed in 2022, water heaters replaced within the last five years, furnaces within the last six years. The main floor was fully gutted in 2022 with new drywall, windows, flooring, redesigned kitchens with granite countertops, new cabinets, appliances, tile, lighting, and fully updated bathrooms. The upstairs was renovated in 2025, adding a second full bathroom, expanding the kitchen, and installing new cabinets, appliances, butcher-block countertops, tile flooring, and updated fixtures. A full basement provides ideal storage plus a washer and dryer to support efficient short term rental turnover. A portion of the lot offers potential for added parking or a secondary building, enhancing future rental income possibilities. With steady cash flow, flexible unit layouts, and comprehensive renovations already completed, this property is ready to generate income for an investor from day one. Listing agent has financial interest in property.

Listing Agent

Rachel Prillwitz

Weichert Rltrs-J.Dunfee&Assoc. Listed on: 12/02/2025

Weichert Rltrs-J.Dunfee&Assoc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1929

Lot Details

  • 3,510 Sq Ft Lot
  • Lot Dimensions are 27x130
  • Backs to Open Ground
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Pocket Doors
  • Fire and Smoke Detector
  • Stone Countertops
  • Laundry in Bathroom

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Nuner Elementary School
  • Jefferson Middle School
  • Adams High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for cooling, electric, fuel, heating, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
  • Assessor Parcel Number 71-08-01-432-027.000-026

Community Details

Overview

  • 3 Units

Amenities

  • Community Fire Pit
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,620
  • Fuel Expense $1,703
  • Insurance Expense $4,697
  • Maintenance Expense $6,775
  • Water Sewer Expense $1,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,531

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1929
  • Style: Two Story
  • Bedrooms: 6
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: LOT 1 SHONE'S FRANCES ST MINOR SUB NP #3718 6/14/06
  • Parcel Number ID: 71-08-01-432-027.000-026
  • Platted: Yes
  • Amenities: Basement, Ceiling Fan, Fenced Yard, Storage, Countertops-Stone, Detector-Smoke, Firepit, Open Floor Plan, Patio Open, Pocket Doors, Water Heater Gas
  • Location: Near College Campus
  • Special Features: None

Interior Features

  • Total Sq Ft: 4083
  • Total Finished Sq Ft: 2722
  • Above Grade Finished Sq Ft: 2722
  • Below Grade Sq Ft: 1361
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Flooring: Carpet, Tile, Vinyl
  • Main Level Sq Ft: 1361
  • Total Below Grade Sq Ft: 1361
  • Number Of Microwaves: 3
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Fence: Full, Privacy, Wood
  • Stories: 2

Garage/Parking

  • Parking: Public, Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: South Bend Municipal Util
  • Annual Electric: 2619.73
  • Annual Fuel Expense: 1703.31
  • Annual Insurance Expense: 4696.89
  • Annual Maintenance Expense: 6774.6
  • Annual Water Sewer Expense: 1245.7
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 2

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

  • Elementary School: Nuner

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 27X130
  • Estimated Lot Sq Ft: 3510
  • Estimated Lot Size Acres: 0.08
  • Lot Number: 1

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Cooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
  • Tenant Pays: Deposit Value

Tax Info

  • Annual Property Tax: 2531.28

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1

MLS Schools

  • High School: Adams
  • Middle School: Jefferson
  • School District: South Bend Community School Corp.

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,565 $101,900 $7,200 $94,700
2023 $2,090 $102,200 $7,200 $95,000
2022 $2,090 $87,100 $7,200 $79,900
2021 $1,340 $55,700 $4,700 $51,000
2020 $1,230 $51,100 $100 $51,000
2019 $1,026 $51,100 $100 $51,000
2018 $1,323 $55,400 $4,700 $50,700
2017 $1,335 $53,400 $4,700 $48,700
2016 $1,345 $52,700 $4,000 $48,700
2014 $1,385 $53,000 $4,000 $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $874,900 +660.8% $321 / Sq Ft
01/03/2018 01/03/18 Sold $115,000 0.0% $28 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $115,000 -- $28 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Drake Andrew R
Warranty Deed -- None Listed On Document
Deed -- Metropolitan Title
Warranty Deed -- --
Corporate Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,250 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202547822

Indiana Regional MLS

APN: 71-08-01-432-027.000-026