502 N Arthur Street, South Bend, IN 46617

• 5 beds |
• 4 baths |
• 3,266 sqft

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.

Listing Status:

Active

Date Added:

April 7, 2026

Data Last Updated:

May 22, 2026 at 4:59PM

Listing Office:

Tiffany Group Real Estate Advisors LLC : 574-252-4111

Listing Agent:

Tyler Glenn : 574-286-7333

MLS ID:

202611767

Interior

• Basement: Full BasementUnfinished
• Flooring: Laminate
• A/C: None
• Heating: Electricity

Exterior

• General: Vinyl
• Style: Two Story
• Other Structures: None
• Parking: Parking spaces: 3

Location

• School District: South Bend Community School Corp.

Lot

• Zoning: LOT 28 HAPP & TAGGARTS 1ST ADD71-09-06-355-009.000-026