Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/10/2026 |
|---|---|---|---|
| TRACT | Happ & Tagger | YEAR BUILT | 1915 |
| COUNTY | St. Joseph | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| School District | South Bend Community School Corp |
|---|---|
| Elementary School | Nuner |
| Jr. High School | Jefferson |
| High School | Adams |
| ADDITIONAL DETAILS | |
| APPLIANCES | Range, Refrigerator |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric |
| LOT | 3485 sq ft |
| LOT DESCRIPTION | Corner Lot, Level |
| LOT DIMENSIONS | 36X100 |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Two Story |
| SUBDIVISION | Happ & Tagger |
| TAXES | 2470 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Tyler Glenn, Tiffany Group Real Estate Advisors LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 4/12/26 7:41 AM PDT
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 4/12/26 7:41 AM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Gary
Gerardot to contact you even if your name is on a Federal or State
"Do not call List".