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$275,000
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Property Description
Prime Investment Opportunity Near Notre Dame! Located less than one mile north of the University of Notre Dame on busy SR-933, just north of St. Mary's campus the toll road entrance. This mixed-use property offers incredible potential. The main level features three commercial storefronts/offices, one of which was previously operated as a Clubhouse/Golfcreation space, providing flexible options for retail, office, or service-based tenants. The upper level includes six rental apartments-four 1-bedroom units and two studio units-each with separate electric meters. In 2021, apartments rented for $550 (1-bedrooms) and $475 (studios), but with updates and renovations, rental income could be significantly increased. Additional highlights: Private parking lot behind the building High-visibility location with consistent traffic flow Multiple income streams from both residential and commercial tenants Whether you're an investor seeking strong cash flow or looking to maximize value through renovations, this property is a rare find in one of the area's most desirable corridors.
Full Property Details
Full Property Details for 409-417 N Dixie Way
General
- Sold For: $275,000
- Taxes: (2026)
- Status: Closed
- Type: Multi-Family
- Source: Indiana_Regional_MLS
- MLS ID: 202533878
- Added to Site: 146 day(s) ago
Interior
- Flooring: Mixed, Part Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Exterior
- Exterior Features: Brick
- Color: Brick
Location
- Subdivision: 70 X 170
- Neighborhood: St. Joseph County
- Driving Directions: On US 933 just N of Notre Dame and toll road entrance.
School Information
- Elementary School: South Bend Community School Corp
- Middle School: Clay
- High School: Adams
Heating & Cooling
- Cooling Type: Wall AC
- Heating Type: Gas, Hot Water
- Heating Fuel: Gas, Hot Water
- Furnaces: 2
Utilities
- Sewer: Public
- # Gas Meters: 6
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement Entrance: 46637
- Stories/Levels: 2
- Finished Above Grnd: 8,640 Sq. Ft.
- Year Built: 1946
Unit Information
- Units in Building: 9
Unit 3
- Unit Description: Greater South Bend-Mishawaka AOR
- Square Feet: 8640
Unit 6
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $31.83
- Assoc Fee Freq.: Not Applicable
- Tax Year: 2026
- Terms: Prime Investment Opportunity Near Notre Dame! Located less than one mile north of the University of Notre Dame on busy SR-933, just north of St. Mary’s campus the toll road entrance. This mixed-use property offers incredible potential. The main level features three commercial storefronts/offices, one of which was previously operated as a Clubhouse/Golfcreation space, providing flexible options for retail, office, or service-based tenants. The upper level includes six rental apartments—four 1
Listed by Legacy Real Estate Brokers, Brenda Alvarez
Legacy Real Estate Brokers
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Schools
Schools serving 409-417 N Dixie Way
School District:South Bend Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Darden Primary Center 18645 Janet Drive, South Bend, IN 46637 | K-5 | 1.3 mi |
Edison Intermediate Center 2701 Eisenhower Avenue, South Bend, IN 46615 | 6-8 | 3 mi |
Clay High School 19131 Darden Road, South Bend, IN 46637 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409-417 N Dixie Way
Date
Details
Price
Change
Source
11/14/2025
Sold
$275,000
-8.3%
MLS
8/24/2025
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
409-417 N Dixie Way, South Bend, IN 46637 (MLS# 202533878) is a Multi-Family property that was sold at $275,000 on November 14, 2025. Want to learn more about 409-417 N Dixie Way? Do you have questions about finding other Multi-Family real estate for sale in South Bend? You can browse all South Bend real estate or contact a Coldwell Banker agent to request more information.

