USAINSouth BendHapp & Tagger502 N Arthur St
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$365,000

For Sale

3 months ago

502 N Arthur St, South Bend, IN

House

MLS® 202611767

5 Bed

4 Bath

2209 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2209 sqft
Garage 
Taxes $2,470
Days Active 84
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $165
MLS® Number 202611767

Property Address: 502 N Arthur St, South Bend, IN, 46617-2102

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

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.
MLS® Number202611767
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementFull, Unfinished
Driveway
Garage Spaces
HeatElectric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$365,000List Price

Home Appraisal

This property is estimated to sell between: $365,000 and $772,000.
Similar properties in this area sold on average for: $636,200
Expected to sell very soon! Similar properties sold in 24 days. This home has been on eXp Realty for 84 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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502 N Arthur St, South Bend, IN

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