Listing courtesy of St. Joseph Realty Group · Listing agent: Stephen DiJulius · Cell: 574-250-0893

Virtual tour
Under contractOther

407/411 E South Street

$249,900

$127.50 / sq ft

South Bend, IN 46601

  • Basement
Estimate your monthly payment
Bedrooms
4
Bathrooms
4
Living area
1,960 sq ft
Lot
0.18 ac
Year built
1912
Type
Other
Listed
August 3, 2026
MLS #
202631346

About this home

Add four doors to your portfolio with one well-positioned investment. This Monroe Park property offers four one-bedroom, one-bathroom units, individual metering, and an established rental history. With strong rental demand, manageable unit sizes, and no major renovation project standing between you and cash flow, this property is ready to become a hardworking part of your portfolio. Whether you are expanding an existing multifamily portfolio or making your first move into a multi-unit investment, this is a compelling opportunity in the South Bend rental market. Agents, please review remarks.

Property details

Interior

Levels
Two
Stories
2
Total area
2,460 sq ft
Finished area above grade
1,960 sq ft
Unfinished area below grade
500 sq ft
Below grade total
500 sq ft
Bedrooms above grade
4
Basement
Full
Flooring
Carpet
Heating
Forced Air
Amenities
Basement

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot, Level, 0-2.9999
Lot size (acres)
0.18 ac
Lot dimensions
132x55
County
St. Joseph County
Township
Portage
Platted
Yes
Planned unit development
No
Directions
north on 31, east on south

Schools

Elementary school
Darden Primary Center
Middle school
Jackson
High school
Riley
School district
South Bend Community School Corp.

Taxes & terms

Annual taxes
$2,258
Tax year
24
Listing terms
Cash, Conventional
Possession
DOC
Parcel number
71-08-12-330-011.000-026

Included in the sale

Included in sale
Land

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Units
4
Annual gross rent
$29,400
Net operating income
$27,142
Lease term
12 Months
Pets allowed
Yes
Tenant pays
Electricity

Location

Loading map...

Similar homes

$249,900

4 beds · 4 baths