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South Bend, IN Multifamily Homes & Duplexes for Sale

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  • 602 E Dayton St, South Bend, IN 46613
    602 E Dayton St, South Bend, IN 46613
    602 E Dayton St, South Bend, IN 46613
    /5

    $194,900

    • 6 Beds
    • 4 Baths
    • 2,192 Sq Ft

    602 E Dayton St, South Bend, IN 46613

    Investor alert! Great opportunity to acquire a performing 4-plex at a great price! Popular location just steps from Riley High School and local fields and parks. New construction homes being built all around. 3 out of 4 units currently occupied. Currently bringing in over $2,000/mo with a potential for even more. Newer roof and vinyl siding on the exterior. Don't miss your opportunity on this one!

    Drew Overmyer At Home Realty Group

    602 E Dayton St, South Bend, IN 46613
  • 1026 E Wayne St, South Bend, IN 46617
    1026 E Wayne St, South Bend, IN 46617
    1026 E Wayne St, South Bend, IN 46617
    /25

    $239,900

    • 4 Beds
    • 2 Baths
    • 1,900 Sq Ft

    1026 E Wayne St, South Bend, IN 46617

    This Gem of a duplex is centrally located, just minutes from Howard Park, Notre Dame and tons of other great parks. Could also be used as single family if desired. Nearly entirely hard wood floors! The main floor unit has an open floor plan with, beautiful sunroom and 2 finished rooms in that basement that could be used for additional living space! Gas and electric are separately metered perfect

    Tyler Glenn Tiffany Group Real Estate Advisors LLC

    1026 E Wayne St, South Bend, IN 46617
  • 617 Portage Ave, South Bend, IN 46616
    617 Portage Ave, South Bend, IN 46616
    617 Portage Ave, South Bend, IN 46616
    /23

    $170,000

    • 4 Beds
    • 2 Baths
    • 1,624 Sq Ft

    617 Portage Ave, South Bend, IN 46616

    Great income producing property subject to tenant rights, please do not disturb. Total gross monthly income is $1600.

    Valerie Swihart Pyramid Realty LLC

    617 Portage Ave, South Bend, IN 46616
  • 3312 Mishawaka Ave, South Bend, IN 46615
    3312 Mishawaka Ave, South Bend, IN 46615
    3312 Mishawaka Ave, South Bend, IN 46615
    /9

    $190,000

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft

    3312 Mishawaka Ave, South Bend, IN 46615

    This is an excellent investment opportunity for those looking to generate rental income or live in one unit while renting out the other to get into home ownership at less cost. This two-story duplex features a lower unit that is currently rented to reliable tenants, 3 bedroom, 1 bath providing immediate cash flow. The upper level has 1 bedroom and 1 bath and has been recently renovated and is

    David Perry RE/MAX 100

    3312 Mishawaka Ave, South Bend, IN 46615
  • 1031 E Jefferson Blvd, South Bend, IN 46617
    1031 E Jefferson Blvd, South Bend, IN 46617
    1031 E Jefferson Blvd, South Bend, IN 46617
    /36

    $899,000

    • 6 Beds
    • 4 Baths
    • 4,981 Sq Ft

    1031 E Jefferson Blvd, South Bend, IN 46617

    Step into the timeless elegance of this 6-bedroom, 4-bathroom Studebaker-built home, a true architectural masterpiece blending historic charm with modern updates. Located just minutes from the University of Notre Dame, this property offers strong short-term rental potential for game-day visitors, alumni, and traveling professionals. Adding even more value, a spacious carriage house features two

    Adam Pendl eXp Realty, LLC

    1031 E Jefferson Blvd, South Bend, IN 46617
  • 305 S Wellington St, South Bend, IN 46619
    305 S Wellington St, South Bend, IN 46619
    305 S Wellington St, South Bend, IN 46619
    /11

    $79,900

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    305 S Wellington St, South Bend, IN 46619

    Nestled in the desirable LaSalle Park neighborhood, this charming 2-bedroom, 1-bathroom single-story home offers 672 sq. ft. of well-maintained living space. Ideal for investors or those seeking a cozy home with rental income potential, this property comes with a tenant in place paying $1,025 per month, with tenant covering all utility costs. Featuring updated floors, newer windows throughout,

    Natashia Bontrager McKinnies Realty, LLC

    305 S Wellington St, South Bend, IN 46619
  • 802 N Olive St, South Bend, IN 46628
    802 N Olive St, South Bend, IN 46628
    802 N Olive St, South Bend, IN 46628
    /21

    $209,900

    • 4 Beds
    • 2 Baths
    • 2,104 Sq Ft

    802 N Olive St, South Bend, IN 46628

    In search of a lucrative income opportunity? This tastefully renovated duplex, with two 2-bedroom/1-bath units, is all brick. One unit boasts elegant hardwood flooring, built-ins, and natural woodwork, while the other features stylish vinyl plank flooring. Both units have white kitchens, spacious living area and neutral decor.

    Jennea Schirr McKinnies Realty, LLC Elkhart

    802 N Olive St, South Bend, IN 46628
Indiana St Joseph County South Bend

Multi-Family Homes & Duplexes for Sale in South Bend, IN

Why Live in South Bend

The University of Notre Dame's iconic Golden Dome and Basilica of the Sacred Heart stand as cultural landmarks in South Bend. The city features unique attractions like the East Race Waterway, North America's first artificial whitewater rafting course, and the Studebaker National Museum showcasing classic automobiles from the city's manufacturing heritage. Cultural venues include the Morris Performing Arts Center for Broadway shows and the South Bend Museum of Art's five galleries. Outdoor recreation spans multiple parks including Potato Creek State Park with hiking trails around Worster Lake, and St. Patrick's County Park along the St. Joseph River. The dining scene includes upscale restaurants like LaSalle Grill serving contemporary American cuisine and Cafe Navarre offering European fusion in historic downtown.

The South Bend housing market has a median sale price of $191,000. Single-family homes represent the primary housing type, with median prices varying significantly by neighborhood. Harter Heights commands the highest median price at $600,500, while Lincoln Park has a median of $123,400. The median townhome price is $150,000, and condos range from $95,000 for one bedroom to $280,000 for two bedrooms.

South Bend's cost of living sits 9.6% below the national average. A family with school-age children needs approximately $96,000 annually to live comfortably, while renters should aim for $55,000. Monthly housing costs average $2,000. The state income tax rate is 3%, with a 7% sales tax. Highly rated schools include Adams High School and private institutions Saint Joseph High School and Trinity School at Greenlawn. The South Shore Line train provides regular service to Chicago, 95 miles away. South Bend experiences four distinct seasons with significant snowfall averaging 66 inches annually.

Learn more about living in South Bend

Home Trends in South Bend, IN

On average, homes in South Bend, IN sell after 37 days on the market compared to the national average of 70 days. The median sale price for homes in South Bend, IN over the last 12 months is $340,000, up 23% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$340,000
Median Single Family Sale Price
$327,500
Median 2 Bedroom Sale Price
$699,500
Median 1 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$230
Number of Homes for Sale
26
Last 12 months Home Sales
268
Months of Supply
1.20
Median List Price
$399,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
23%
How to Buy a Home How to Finance a Home How to Sell a Home

In South Bend, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $79,900 to $899,000, there's a range to accomodate every budget. As of August, 2025 the median home price in South Bend is $399,900, while the average sale price is $403,302, offering insights into the local housing market. On average, multi-family homes spend 37 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in South Bend, IN.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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