$145,000
$13K PRICE DROP

Estimated payment $968/month

Total Views 1,936
6 Beds
2 Baths
4,392 Sq Ft
$33 Price per Sq Ft

About This Home

Investor special! This spacious duplex in South Bend offers excellent income potential. Each side includes 3 bedrooms and 1 full bathroom, providing plenty of living space for tenants or an owner-occupant. Both units are currently rented, making this a turn-key opportunity to start collecting income right away. Each side also features a private, fenced-in backyard, perfect for outdoor enjoyment and added privacy. With some updates and repairs, this property can be enhanced to maximize cash flow and long-term value. Conveniently located near schools, shopping, and local amenities, this duplex is a solid addition to any rental portfolio. Please allow 48 hours’ notice for all showings.

Listing Agent

Annie Eymer

Berkshire Hathaway HomeServices Elkhart Brokerage Phone: 574-293-1010 Listed on: 09/02/2025

Berkshire Hathaway HomeServices Elkhart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1906

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x165
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4,392 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Marshall Middle School
  • Riley High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-08-13-402-005.000-026
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Units
  • Studebaker Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,337

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1906
  • Age: 119
  • Style: Two Story
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: DIST:0011 CITY/MUNI/TWP:PORTAGE TOWNSHIP LOT 14 & W 1/2 VAC ALLEY H STUDEBAKER 1ST ADD MAP REF:MP 8-13G
  • Parcel Number ID: 71-08-13-402-005.000-026
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: Rush and Marietta
  • Monthly Gross Income: 1510
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 4392
  • Total Finished Sq Ft: 4392
  • Above Grade Finished Sq Ft: 4392
  • Price Per Sq Ft: 33.01
  • Basement Foundation: Slab
  • Flooring: Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: South Bend Community School Corp.
  • Elementary School: Lincoln
  • Middle School: Marshall
  • High School: Riley
  • Elementary School: Lincoln

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 45x165
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Rental Info

  • Lease Term: 1 Year
  • Tenant Pays: Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 2770
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Number Of 3 Bedrooms: 2
  • Num Of Units Rented: 2

MLS Schools

  • High School: Riley
  • Middle School: Marshall
  • School District: South Bend Community School Corp.

Map

Range of Values:

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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 $2,337 $94,600 $2,500 $92,100
2023 $2,251 $94,400 $2,500 $91,900
2022 $2,265 $94,400 $2,500 $91,900
2021 $2,162 $86,500 $2,800 $83,700
2020 $1,499 $58,900 $2,800 $56,100
2019 $1,262 $58,800 $2,700 $56,100
2018 $1,490 $58,800 $2,700 $56,100
2017 $1,494 $58,200 $2,700 $55,500
2016 $1,525 $82,900 $2,700 $80,200
2014 $1,490 $57,000 $2,700 $54,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $145,000 -8.2% $33 / Sq Ft
09/02/2025 09/02/25 For Sale $158,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,000 None Listed On Document
Warranty Deed $138,000 None Listed On Document
Warranty Deed $138,000 --
Quit Claim Deed -- Drake Andrew R
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,000 Seller Take Back
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202535242

Indiana Regional MLS

APN: 71-08-13-402-005.000-026