117 Franklin Place South Bend, IN ^$ 699,999

117 Franklin Place

^$ 699,999

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Recently Listed

117 Franklin Place

South Bend, IN, 46601

^$ 699,999

Bedrooms-- Baths-- Sq 5,552

Monthly Estimate*

^$ 4,310

117 Franklin Place, South Bend, IN 46601 - Image 1

117 Franklin Place, South Bend, IN 46601 - Image 2

117 Franklin Place, South Bend, IN 46601 - Image 3

117 Franklin Place, South Bend, IN 46601 - Image 4

Commercial Property for sale in South Bend, IN

for $699,999. This 5,552 square foot building was built in 1920 on a lot size of 0.15.

Fully occupied 8 unit building located in the heart of downtown South Bend. This well-maintained property features long-term tenants, strong rental history, and potential for growth. Truly a turnkey investment with steady cashflow- an excellent opportunity for investors looking for a proven moneymaker with upside potential.

Commercial Active

Price

^$ 699,999

Property Type

Commercial

Taxes

^$ 3,201

Style

Multi Family

Lot Size

0.15

Year Built

1920

Town/City

South Bend

County/Region

St Joseph

MLS | Web ID

838397

Features

General

Sewer Public Sewer

Heating Hot Water

Utilities Other

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Year Built 1920

Electric Other

Township Portage

Property Subtype Multi Family

Tax Year 2023

County St Joseph

Property Type Commercial Sale

Subdivision Name Vails

Building Features Multi Tenant Exterior Lighting Patio Balcony Other

Status Active

Directions Western-Williams- Franklin

City South Bend

Lot Size Square Feet 6534

Listing Terms Cash Conventional

Tax Annual Amount 3201

Standard Status Active

Legal Description LOT 5 & S 1/2 VAC ALLEY N & ADJ VAILS SUB SEC 11-37-2E 10/11 VAC ORD 9923-09 9-18-09

Exterior

Exterior Amenities Balcony Private Yard Other

Parking Features Additional Parking On Street

Water Source Public

Total Parking 5

Lot Size Acres 0.15

Lot Size Source Assessor

Waterfront Y/N N

Interior

Laundry Features Lower Level Other

* Excluded Features

List By

Jaymi Block

Listing Agent

Re/Max Legends

Broker

Jaymialana@gmail.com

Affordability Calculator

$4,577

Per Month

Monthly Principal & Interest: $4,310
Monthly Property Taxes: $267
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in South Bend, IN

Average List Price ^$268,835

Percent of Sale Price 62%

About South Bend, IN

102,817 Population

-6% Since 2002

^$37,136 Median Income

35.25 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2026	$699,999		Listed Price

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117 Franklin Place, South Bend, IN, 46601 is a Commercial Property for sale at $699,999 with 5,552 sqft and a lot size of 0.15. 117 Franklin Place was built in 1920. The property's zip code is 46601 which is in South Bend, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/14/2026.

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117 Franklin Place

Commercial Property for sale in South Bend, IN

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