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$139,900
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Property Description
Located in South Bend's Edgewater Historic District, this all-brick two-story duplex offers a strong opportunity for the next investor. The property is currently rented with two Section 8 tenants in place and is professionally managed, allowing for a smooth transition into ownership. Apartment 1 rents for $1,123/month and Apartment 2 rents for $1,326/month. Each unit has a $1,123 security deposit, with an additional $300 pet security deposit for Apartment 2. Owners currently pay utilities, with an agreement in place allowing tenants to be charged back for utility overages. Monthly utilities for electric, gas, water, sewer, and trash typically range from approximately $250-$370, based on recent usage. With established tenants, classic brick construction, and a convenient location near downtown South Bend, restaurants, parks, shopping, and public transportation, this property is a practical addition to any rental portfolio. Lease agreements, T-12s, and management statements available upon request. Tenant rights apply.
Full Property Details
Full Property Details for 717 E Lincoln Way
General
- Sold For: $139,900
- Taxes: $1,403 (2026)
- Status: Closed
- Type: Multi-Family
- Source: Indiana_Regional_MLS
- MLS ID: 202627891
- Added to Site: 46 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Brick
- Color: Brick
Parking
- Parking: Lot
Location
- Subdivision: 44X100
- Neighborhood: St. Joseph County
- Driving Directions: GPS Friendly. Property located on corner of Lincolnway East and Arch St.
School Information
- Elementary School: South Bend Community School Corp
- Middle School: Navarre
- High School: Riley
Heating & Cooling
- Cooling Type: Window
- Heating Type: Conventional
- Heating Fuel: Conventional
- Water Heaters: 1123
Utilities
- Sewer: City
- # Gas Meters: 2
- # Electric Meters: 1
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Entrance: 46601
- Roof: Dimensional Shingles
- Stories/Levels: 2
- Finished Total: 1 Sq. Ft.
- Finished Above Grnd: 1,456 Sq. Ft.
- Year Built: 1928
Unit Information
- Units in Building: 2
Unit 1
- Level: Main
Unit 2
- Square Feet: 725
- Bedrooms: 1
Unit 3
- Unit Description: South Bend Area Realtors
- Square Feet: 1456
- Bedrooms: 728
Unit 4
- Square Feet: 1
Unit 5
- Unit Description: Assessor
Unit 6
- Bedrooms: 2
Unit 7
- Total Rooms: 4
Unit 8
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,400
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $96.09
- Assoc Fee Freq.: Not Applicable
- Assessment Year: 68
- Tax Amount: $1,403
- Tax Year: 2026
- Terms: Located in South Bend’s Edgewater Historic District, this all-brick two-story duplex offers a strong opportunity for the next investor. The property is currently rented with two Section 8 tenants in place and is professionally managed, allowing for a smooth transition into ownership. Apartment 1 rents for $1, 123/month and Apartment 2 rents for $1, 326/month. Each unit has a $1, 123 security deposit, with an additional $300 pet security deposit for Apartment 2. Owners currently pay utilities, wit
Disclosures and Reports
- Lot Number: 68
Listed by McKinnies Realty, LLC, Natashia Bontrager
eXp Realty, LLC
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Schools
Schools serving 717 E Lincoln Way
School District:South Bend Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, South Bend, IN 1425 East Calvert Street, South Bend, IN 46613 | K-5 | 1.2 mi |
Jackson Middle School, South Bend, IN 5001 Miami Road, South Bend, IN 46614 | 6-8 | 3.2 mi |
Riley High School 1902 Fellows Street, South Bend, IN 46613 | 9-12 | 1 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 717 E Lincoln Way
Date
Details
Price
Change
Source
8/25/2026
Sold
$139,900
—
MLS
7/13/2026
Listed
$139,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
717 E Lincoln Way, South Bend, IN 46601 (MLS# 202627891) is a Multi-Family property that was sold at $139,900 on August 25, 2026. Want to learn more about 717 E Lincoln 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.

