$195,000
This well-maintained duplex in South Bend offers two spacious 3-bedroom, 1.5-bathroom units—perfect for long-term rental income. Both units are currently occupied by reliable Section 8 tenants through the South Bend Housing Authority, providing guaranteed income and immediate cash flow for the savvy investor. A rent increase will take effect in 60 days, with the upper unit increasing by $150 and the lower unit increasing by $100. The lower unit's rent is fully covered by Section 8, while the upper unit tenant consistently pays early and is responsible for a portion of the rent payment. This property boasts several recent upgrades, including: Complete exterior electrical overhaul, Newer flooring, Fresh paint. Owners currently cover utilities, making this an easy-to-manage investment with built-in rent increases for added cash flow. Whether you're looking to expand your portfolio or start generating income right away, this turnkey duplex is a must-see! Don't miss out on this fantastic opportunity to secure a solid, cash-flowing property in a prime location!
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MLS # | 202505519 |
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Date Listed | 2025-02-21 |
Status | Active |
Property Type | Investment |
Property SubType | Duplex |
Finished Square Feet | 2640 sqft |
Total Square Feet | 3936 sqft |
New Construction | No |
Style | Two Story |
Type | Duplex |
Basement | Yes |
Bedrooms | 6 |
Bathrooms | 4 (2 Full, 2 Half) |
Annual Taxes | $1,406.00 |
Year Taxes Payable | 2025 |
Year Built | 1923 |
Virtual Tour | propertypanorama.com » |
Days on Market | 42 |
Family Room | 1000 × | Level |
4th Bedroom | 1 × 1 | Level |
5th Bedroom | 1 × 2 | Level |
Full Baths | 6 Main |
Construction | Duplex |
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Lot Size | 5,160 sq ft |
Acreage | 0.12 Acres |
Lot Dimensions | 43X120 |
Fence | None |
Area | St. Joseph County |
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County | St. Joseph |
Subdivision | None |
Township | Portage |
City | South Bend |
State | IN |
Zip | 46613 |
School District | South Bend Community School Corp. |
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Elementary | Lincoln |
Middle School | Jackson |
High School | Riley |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202505519
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and 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.
Listing Provided Courtesy of Natashia Bontrager
McKinnies Realty, LLC
Cell: 574-202-2752
Listing updated March 13, 2025 at 9:30 pm
Last checked 7 minutes ago