1518 Lincoln Way West, South Bend, IN 46628

• 4 beds |
• 4 baths |
• 4,284 sqft

Property Description

Investor opportunity! Well-maintained fully occupied 4-plex in Northwest South Bend offering stable in-place income with upside through rent optimization. All units are 1 bed / 1 bath on 1-year leases, making this a clean, scalable portfolio addition. Current gross rents approx. $2,925/month, with below-market rents and a strong rental history showing prior rents as high as $900–$1,100/month, providing clear room for growth. The property has been consistently maintained and does not require major rehab, allowing a new owner to step in without heavy capital expenditures. Located on a high-visibility corridor in a working-class pocket of Northwest South Bend, this asset is well suited for investors focused on cash flow, workforce housing, and portfolio growth. A large off-street parking lot adds meaningful tenant appeal and long-term stability. Seller is completing minor common-area improvements, including a window replacement and fresh paint.

Listing Status:

Active

Date Added:

January 8, 2026

Data Last Updated:

February 18, 2026 at 12:59PM

Listing Office:

St. Joseph Realty Group : 574-250-0893

Listing Agent:

Stephen DiJulius : 574-250-0893

MLS ID:

202600833

Interior

• Basement: Slab
• Flooring: Part CarpetVinyl TileWood
• A/C: Central Air
• Heating: Forced Air

Exterior

• General: Brick
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 6

Location

• School District: South Bend Community School Corp.

Lot

• Zoning: Lot 46 Pleasant Home Add71-08-02-308-003.000-026