124 N Eddy St

South Bend, IN 46617

$2,500,000
Price
35
Beds
17,565 Sq. Ft.
$142 / Sq. Ft.
17,565
Sq. Ft.
$142
per Sq. Ft.

Description

22 Unit Apartment Building just minutes from the University of Notre Dame and Downtown South Bend! This property has been remodeled from the ground to the roof within the last 5 years. This property has consistent high occupancy(currently 95%). Building has tons of visibility, with vibrant murals on 2 sides, vacancies do not last long. In place management, ready to continue to manage after sale if needed. With 9- 1 Beds and 13- 2 Beds this property has a nice split on unit counts.22 Unit Apartment Building just minutes from the University of Notre Dame and Downtown South Bend! This property has been remodeled from the ground to the roof within the last 5 years. This property has consistent high occupancy(currently 95%). Building has tons of visibility, with vibrant murals on 2 sides, vacancies do not last long. In place management, ready to continue to manage after sale if needed. With 9- 1 Beds and 13- 2 Beds this property has a nice split on unit counts.
  1. Listed by Tyler Glenn • Tiffany Group Real Estate Advisors LLC

Property Details for 124 North Eddy Street

Style
Three Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 07/08/2025 01:27 PM

Property Details for 124 North Eddy Street

StatusCont - Accptng Backup Offers
MLS #202511679
Days on Market92
Taxes$6,697 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Complex
Year Built1950
CountySt. Joseph County

Location

Listing Courtesy of Tiffany Group Real Estate Advisors LLC
Add your commute

Building Information for 124 North Eddy Street

Building/Complex124 N Eddy StFloor-Stories3Residences22Pet Policy-Pet Policy Details-Year Built1950Building Size-

Payment Calculator

$13,657 per month

30 year fixed, 6.845% Interest

Principal and Interest

$13,099

Property Taxes

$558

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 124 North Eddy Street

Summary
Location and General Information
  • Area: St. Joseph County
  • City: South Bend
  • Zip Code: 46617
  • State: IN
  • Township: Portage
  • Cross Street: Colfax
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18141
  • Directions To Property: West on Jefferson, North on N Eddy, Property is on the corner of Eddy and Colfax
Taxes and HOA
  • Assessed Value $: $289,500.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 71-09-07-105-001.000-026
School Information
  • School District: South Bend Community School Corp.
  • Elementary: Perley
  • Middle School: Edison
  • High School: Adams
Parking
  • Number Of Parking Spaces: 23
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Complex
  • Approx Lot Size Acres: 0.67
  • Lot Dimensions: 178x123
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 17565.0
  • Approx Lot Size Sqft: 29055.0
  • Above Grade Finished Sqft: 17565.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 17565.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1950
  • Age: 75
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Deck Open
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 22
  • Number of Ranges/Ovens: 22
  • Number of Refrigerators: 22
  • Number of W/D Hookups: 6
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Laminate, Wood
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 3
  • Number of Above Grade Bedrooms: 35
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 35
  • Total Number of Full Baths: 22
  • Total Number of Half Baths: 0
  • Total Baths: 22
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 9
  • Num Of 2 Bedrooms: 13
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 21
  • Number of Units: 22
Income & Expenses Information
  • Annual Electric Expense: $8,554.19
  • Annual Fuel Expense: $1,327.75
  • Annual Gross Rent $: $224,640
  • Annual Insurance Expense: $16,748
  • Annual Maint. Expense: $21,900
  • Annual Misc: $15,000
  • Annual Net Income: $144,629
  • Annual Property Tax: $6,697
  • Annual Trash Expense: $2,449
  • Annual Water/Sewer Exp: $7,335
  • Gross Monthly Income: $18,720
  • Gross Monthly Rent: $18,720
Rental
Rental Information
  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Water
  • Tenant Pays: Electric, Heating

Property History for 124 North Eddy Street

DateEvent & SourcePriceAppreciation
Jul 8, 2025

In Contract

Indiana Regional MLS #202511679

Apr 7, 2025

Listed (Active)

Indiana Regional MLS #202511679

$2,500,000
Mar 23, 2017

Expired

Indiana Regional MLS #201629105

Jun 22, 2016

Listed (Active)

Indiana Regional MLS #201629105

$699,900
DateEvent & SourcePrice
07/08/2025

In Contract

Indiana Regional MLS #202511679

04/07/2025

Listed (Active)

Indiana Regional MLS #202511679

$2,500,000
03/23/2017

Expired

Indiana Regional MLS #201629105

06/22/2016

Listed (Active)

Indiana Regional MLS #201629105

$699,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 124 North Eddy Street

This home is within South Bend Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Nuner Fine Arts Academy
PublicPK to 5

Clay Intermediate Center
PublicPK to 8

Edison Intermediate Center
Public6 to 8

Jefferson Traditional School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Tiffany Group Real Estate Advisors LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.