Date
Details
Price
Change
Source
4/07/2026
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$365,000 Just Listed
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Property Description
Located just minutes from the University of Notre Dame, 502 N Arthur St presents a compelling investment opportunity in one of South Bend's 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 highlight-just a short distance to Notre Dame's campus, making it highly attractive to students, faculty, and local renters. Additionally, the continued expansion and investment along Eddy Street Commons-featuring retail, dining, office, and residential development-has transformed the area into a vibrant, walkable hub and continues to drive rental demand and property appreciation.
Full Property Details
Full Property Details for 502 N Arthur St
General
- Price: $365,000
- Taxes: $8,401 (2025)
- Status: Active
- Type: Multi-Family
- Source: Indiana_Regional_MLS
- MLS ID: 202611767
- Updated: 4/7/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Vinyl
- Color: Vinyl
Location
- Subdivision: 36X100
- Neighborhood: St. Joseph County
- Driving Directions: North on N Eddy(SR23) East on N Cedar, Home is on the NE corner of Cedar and Arthur
School Information
- Elementary School: South Bend Community School Corp
- Middle School: Jefferson
- High School: Adams
Heating & Cooling
- Cooling Type: None
- Heating Type: Electricity
- Heating Fuel: Electricity
Utilities
- Sewer: City
- # Gas Meters: 5
- # Electric Meters: 3
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Vinyl
- Basement: Yes
- Basement Entrance: 46617
- Stories/Levels: 2
- Finished Total: 1 Sq. Ft.
- Finished Above Grnd: 2,209 Sq. Ft.
- Year Built: 1915
Unit Information
- Units in Building: 3
- 2 Bedroom Units: 3
- Units w/Range/Oven: 1
Unit 1
- Level: Main
Unit 2
- Square Feet: 600
- Total Bathrooms: 5
- Bedrooms: 1
Unit 3
- Unit Description: Greater South Bend-Mishawaka AOR
- Square Feet: 2209
- Bedrooms: 1057
Unit 6
- Bedrooms: 3
Unit 7
- Total Rooms: 4
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1310
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,640
- Lot Description: Corner, Level
Green Features
- Certification Rating: Yes
Financial Considerations
- Price Per Sq. Ft.: $165.23
- Assoc Fee Freq.: Not Applicable
- Assessment Year: 28
- Tax Amount: $8,401
- Tax Year: 2025
- Terms: Located just minutes from the University of Notre Dame, 502 N Arthur St presents a compelling investment opportunity in one of South Bend’s 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,
Disclosures and Reports
- Lot Number: 28
Listed by Tiffany Group Real Estate Advisors LLC, Tyler Glenn
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Listing agent
— 502 N Arthur St —
Tyler Glenn
Tiffany Group Real Estate Advisors LLC
NMLS#: 1598647
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Schools
Schools serving 502 N Arthur St
School District:South Bend Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Nuner Fine Arts Academy 2716 Pleasant Street, South Bend, IN 46615 | K-5 | 1.9 mi |
Jefferson Traditional School 528 South Eddy Street, South Bend, IN 46617 | 6-8 | 0.8 mi |
Adams High School 808 South Twyckenham Drive, South Bend, IN 46615 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 N Arthur St
Tax History
Tax History for 502 N Arthur St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,470
—
$97,300
-2%
2024
$2,470
-3%
$99,300
-2%
2023
$2,544
73%
$100,900
65%
2022
$1,471
8%
$61,300
11%
2020
$1,368
18%
$55,300
—
2019
$1,159
-13%
$55,200
-1%
2018
$1,332
19%
$55,800
—
2017
$1,120
—
$55,800
1%
2016
$1,115
—
$55,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 502 N Arthur St
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502 N Arthur Street, South Bend, IN 46617 (MLS# 202611767) is a Multi-Family property with units containing 1 bedroom and 4 full bathrooms. 502 N Arthur Street is currently listed for $365,000 and was received on April 07, 2026. Want to learn more about 502 N Arthur Street? 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.