124, 128-132 N Eddy Street, South Bend, IN 46617
124, 128-132 N Eddy Street, South Bend, IN 46617
124, 128-132 N Eddy Street, South Bend, IN 46617
12
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$2,500,000
Est. payment /mo
35 Beds
22 Baths
17,565 SqFt
Pending

124, 128-132 N Eddy Street South Bend, IN 46617

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Key Details

Property Type Condo

Sub Type Apartment Complex

Listing Status Pending

Purchase Type For Sale

Square Footage 17,565 sqft

MLS Listing ID 202604784

Style Three Story

Bedrooms 35

Full Baths 22

Abv Grd Liv Area 17,565

Total Fin. Sqft 17565

Year Built 1950

Annual Tax Amount $16,383

Tax Year 2024

Lot Size 0.670 Acres

Property Sub-Type Apartment Complex

Property Description

Positioned prominently atop Eddy Street hilltop, 124 N Eddy St offers a rare opportunity to acquire a fully renovated, stabilized multifamily asset overlooking both downtown South Bend and the University of Notre Dame. This 22-unit apartment building combines strong in-place cash flow with significant capital improvements, delivering a truly turnkey investment in one of the city's most desirable rental corridors. The unit mix consists of 14 two-bedroom / one-bath units and 8 one-bedroom / one-bath units, providing an attractive balance that appeals to students, young professionals, and workforce tenants alike. The property's elevated setting offers sweeping views and a highly visible presence, just minutes from Notre Dame, Memorial Hospital, downtown amenities, and the vibrant Eddy Street Commons district. Between 2020 and 2023, the property underwent a comprehensive renovation, including: New roof (2020) 14 New HVAC systems (2022-2024) New electrical panels (2020) All new windows (2020) Fully updated interiors These extensive capital improvements significantly reduce near-term maintenance risk and position the asset for long-term operational stability. Additional features include on-site laundry facilities and two dedicated parking lots, enhancing tenant convenience and supporting strong occupancy. With its prime location, commanding views, and recent top-to-bottom upgrades, 124 N Eddy St represents a compelling opportunity for investors seeking a high-quality, income-producing asset in the South Bend market.

Location

State IN

County St. Joseph County

Area St. Joseph County

Direction West on Jefferson, North on N Eddy, Property is on the corner of Eddy and Colfax

Rooms

Dining Room 0

Interior

Flooring Ceramic Tile, Laminate, Wood

Appliance Building, Land, Lease

Laundry , 23

Exterior

Amenities Available Deck Open

Total Parking Spaces 23

Building

Lot Description Corner

Story 3

Structure Type Brick

New Construction No

Schools

Elementary Schools Perley

Middle Schools Edison

High Schools Adams

School District South Bend Community School Corp.

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202604784


Indiana Regional MLS (IRMLS)
Listed by Tyler Glenn • Tiffany Group Real Estate Advisors LLC

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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124, 128-132 N Eddy Street