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

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$2,500,000
Status: Under Contract
124, 128-132 N Eddy Street South Bend, IN 46617
  • 35
    Bedrooms
  • 22
    Total Baths
  • 17,565
    Square Feet
  • 0.67
    Acres
  • 1950
    Year Built
  • HOA

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.

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Property Features

MLS Number: 202604784
Subdivision:
County: St. Joseph
Bedrooms: 35
Total Square Feet: 17,565
Style: Apartment Complex
New Constuction: No
Construction: Brick
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Slab
Cooling: Central Air
Heating: Electricity, Forced Air
Lot Size: 0.67 Acres
Stories: 3.0
Year Built: 1950

Feature Descriptions

Above Grade Finished SQFT: 17565
Amenities: Deck Open
Days on CressyEverett.com: 29
Exterior: Brick
Home Style: Apartment Complex
Lot: Corner
Lot Dimensions: 178x123
Owner Pays: Building Insurance, Fuel, Lawn Maintenance, Maintenance, Water
Sale Inclusions: Building, Land, Lease
Sewer: City
Tenant Pays: Electric, Heating
Total Finished SQFT: 17565
Units: 22
Water: City

Location

Listed By / Shown By

Listed By

Broker Name: Tiffany Group Real Estate Advisors LLC
Broker Phone: 574-252-4111
Agent Name: Tyler Glenn

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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Estimated Payment

$ 13,108.62 per month $12,379.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $729.17 Homeowner's Insurance

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