502 N Arthur Street, South Bend, IN 46617-2102
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502 N Arthur Street, South Bend, IN 46617-2102
502 N Arthur Street, South Bend, IN 46617-2102
502 N Arthur Street, South Bend, IN 46617-2102
502 N Arthur Street, South Bend, IN 46617-2102
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 365,000
Est. payment /mo
Pending

502 N Arthur Street South Bend, IN 46617-2102

5 Beds

4 Baths

2,209 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,209 sqft

Subdivision Happ & Tagger

MLS Listing ID 202611767

Style Two Story

Bedrooms 5

Full Baths 4

Abv Grd Liv Area 2,209

Total Fin. Sqft 2209

Year Built 1915

Annual Tax Amount $8,401

Tax Year 2025

Lot Size 3,484 Sqft

Property Sub-Type Triplex

Property Description

Located just minutes from the University of Notre Dame, 502 N Arthur St presents a compelling investment opportunity in one of South Bend's most consistently performing rental corridors. Offered at $365,000, this well-positioned triplex benefits from strong in-place income, future upside, and proximity to ongoing growth along the Eddy Street Commons district. The property features three units: one spacious 3-bedroom, 2-bath unit and two 1-bedroom, 1-bath units. Tenants pay their own electric, helping keep operating expenses low. Two units are currently occupied, while the third (a 1 bed / 1 bath) was recently vacated on March 31 and previously rented for $1,000/month, offering immediate lease-up potential or flexibility for an owner-user. The property supports a market rent roll of approximately $3,200/month. This location is a major highlight—just a short distance to Notre Dame's campus, making it highly attractive to students, faculty, and local renters. Additionally, the continued expansion and investment along Eddy Street Commons—featuring retail, dining, office, and residential development—has transformed the area into a vibrant, walkable hub and continues to drive rental demand and property appreciation.

Location

State IN

County St. Joseph County

Area St. Joseph County

Direction North on N Eddy(SR23) East on N Cedar, Home is on the NE corner of Cedar and Arthur

Rooms

Family Room 1025 x 1310

Dining Room 0 x 0

Interior

Flooring Laminate

Fireplaces Number 5

Appliance Building, Land, Lease

Laundry , 3

Exterior

Garage Spaces 1.0

Amenities Available Off Street Parking, Porch Covered

Total Parking Spaces 3

Building

Lot Description Corner, Level

Story 2

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Nuner

Middle Schools Jefferson

High Schools Adams

School District South Bend Community School Corp.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202611767


Indiana Regional MLS (IRMLS)
Listed by Tyler Glenn • Tiffany Group Real Estate Advisors LLC

NEARBY SCHOOLS & PROPERTIES

Trueblood Real Estate

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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502 N Arthur Street