602 N Frances Street South Bend, IN $ 874,900
602 N Frances Street
$ 874,900
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602 N Frances Street

South Bend, IN, 46617
$ 874,900
Bedrooms6 Baths4.0 Sq 2,722

Monthly Estimate*

$ 5,458

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Multi-Family Home for sale in South Bend, IN

for $874,900 with 6 bedrooms and 4 full baths. This 2,722 square foot home was built in 1929.

Rare fully renovated triplex less than a to mile Notre Dame - offering exceptional short-term rental potential in a rapidly developing, high-growth area. This turnkey investment features three versatile unitsa 1 bedroom/1 bath, a 2 bedroom/1 bath, and an expansive 1,300+ sq. ft. 3 bedroom/2 bath second-story unit with full living and dining rooms. The property has been completely updated inside and out with new exterior paint, roof, soffits, fascia, gutters, lighting, concrete patio, fenced yard, and gas fire pit on a timer. Major mechanicals have been updated as well, including all new AC units installed in 2022, water heaters replaced within the last five years, furnaces within the last six years. The main floor was fully gutted in 2022 with new drywall, windows, flooring, redesigned kitchens with granite countertops, new cabinets, appliances, tile, lighting, and fully updated bathrooms. The upstairs was renovated in 2025, adding a second full bathroom, expanding the kitchen, and installing new cabinets, appliances, butcher-block countertops, tile flooring, and updated fixtures. A full basement provides ideal storage plus a washer and dryer to support efficient short term rental turnover. A portion of the lot offers potential for added parking or a secondary building, enhancing future rental income possibilities. With steady cash flow, flexible unit layouts, and comprehensive renovations already completed, this property is ready to generate income for an investor from day one. Listing agent has financial interest in property.

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Multi-Family Active

Price

$ 874,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,531

Style

Triplex

Year Built

1929

Town/City

South Bend

County/Region

St Joseph

MLS | Web ID

202547822

Features
General
Heating Gas Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1929
Parking Public Street
New Construction No
Tenant Pays Deposit Value
Subdivision None
Style Two Story
Stories Count 2
Township Portage
Class INVESTMENT
Type Triplex
Age 96
Net Income 50062.44
Rent Income 69633.95
Features Basement Ceiling Fan Fenced Yard Storage Countertops-Stone Detector-Smoke Firepit Open Floor Plan Patio Open Pocket Doors Water Heater Gas
REO No
Status Detail 0
Common Amenities Sidewalks
Area St. Joseph County
Location Near College Campus
High School Adams
City South Bend
School District South Bend Community School Corp
Total Sq Ft 4083
Elementary School Nuner
Middle School Jefferson
Legal Description LOT 1 SHONE'S FRANCES ST MINOR SUB NP #3718 6/14/06
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202547822
Agent First Name Rachel
Agent Last Name Prillwitz
DOM 2
Tax Year 2025
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Interior
Basement Full Basement Unfinished
Flooring Carpet Tile Vinyl
Beds 6
Total Number of Units 3
Microwaves 3
Refrigerators 3
Washers 2
Dryer(s) 2
Dishwasher(s) 3
Disposal(s) 0
Above Grade Bedrooms 6
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 1
Ranges/Ovens 3
W/D Hookups 2
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Exterior
Exterior Brick
Driveway None
Pool No
Number of Parking Spaces 0
Lot Size Area 3510
Lot Dimensions 27X130
Lot Description Corner 0-2.9999
Fence Full Privacy Wood
Water Meters 2
Electric Meters 2
Outbuilding None
Water Features None
Gas Meters 2
Waterfront Y/N No
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* Excluded Features
List By
Rachel Prillwitz

Listing Agent

South Bend - Weichert, Realtors® - Jim Dunfee & Associates

Broker

Affordability Calculator

$5,669
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,458
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1237707 Elementary School
1236710 Middle School
Adams High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$874,900 Listed Price

Map


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602 N Frances Street, South Bend, IN, 46617 is a Multi-Family Home for sale at $874,900 with 2,722 sqft. 602 N Frances Street has 6 bedrooms, 4.0 baths, and was built in 1929. The property's zip code is 46617 which is in South Bend, IN