502 N Arthur Street

Located just minutes from the University of Notre Dame, 502 N Arthur St presents a compelling investment opportunity in one of South Bends 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 highlightjust a short distance to Notre Dames campus, making it highly attractive to students, faculty, and local renters. Additionally, the continued expansion and investment along Eddy Street Commonsfeaturing retail, dining, office, and residential developmenthas transformed the area into a vibrant, walkable hub and continues to drive rental demand and property appreciation.