USAINSouth Bend124
124, 128-132 N Eddy Street | Image 1
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124, 128-132 N Eddy Street | Image 2
124, 128-132 N Eddy Street | Image 3
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$2,500,000

Pending

A month ago

124, 128-132 N Eddy Street, South Bend, IN

MLS® 202604784

35 Bed

22 Bath

17565 sqft

23 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 17565 sqft
Garage No
HOA Fees $11,737
Taxes $6,825
Approx. Age 1950
Avg. Price Per Sqft $142
MLS® Number 202604784

Property Address: 124, 128-132 N Eddy Street, South Bend, IN, 46617

Average square foot calculated using Size range provided by listing agent.

Description

Positioned prominently atop Eddy Street hilltop, 124 N Eddy St offers a rare opportunity to acquire a fully renovated, stabilized multifamily asset overlooking both downtown South Bend and the University of Notre Dame. This 22-unit apartment building combines strong in-place cash flow with significant capital improvements, delivering a truly turnkey investment in one of the city’s most desirable rental corridors. The unit mix consists of 14 two-bedroom / one-bath units and 8 one-bedroom / one-bath units, providing an attractive balance that appeals to students, young professionals, and workforce tenants alike. The property’s elevated setting offers sweeping views and a highly visible presence, just minutes from Notre Dame, Memorial Hospital, downtown amenities, and the vibrant Eddy Street Commons district. Between 2020 and 2023, the property underwent a comprehensive renovation, including: New roof (2020) 14 New HVAC systems (2022-2024) New electrical panels (2020) All new windows (2020) Fully updated interiors These extensive capital improvements significantly reduce near-term maintenance risk and position the asset for long-term operational stability. Additional features include on-site laundry facilities and two dedicated parking lots, enhancing tenant convenience and supporting strong occupancy. With its prime location, commanding views, and recent top-to-bottom upgrades, 124 N Eddy St represents a compelling opportunity for investors seeking a high-quality, income-producing asset in the South Bend market.
MLS® Number202604784
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Lease

Price History

-End Date
-Sold Price

Pending

Feb 16, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
124, 128-132 N Eddy Street, South Bend, IN

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