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.
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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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 InsuranceSend an email with a link to
124, 128-132 N Eddy Street, South Bend, IN 46617.
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