South Bend, IN 46617 602 N Frances Street

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Presented By: Rachel Prillwitz with Weichert Rltrs-J.Dunfee&Assoc.;
  • MLS# 202547822
  • 12/02/2025
  • Get pre-approved
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  • Beds • 6
  • Baths • 4
  • SQFT • 2,722

Home Details

Rare fully renovated triplex less than a to mile Notre Dame - offering exceptional short-term rental potential in a rapidly developing, high-growth area. This turnkey investment features three versatile unitsa 1 bedroom/1 bath, a 2 bedroom/1 bath, and an expansive 1,300+ sq. ft. 3 bedroom/2 bath second-story unit with full living and dining rooms. The property has been completely updated inside and out with new exterior paint, roof, soffits, fascia, gutters, lighting, concrete patio, fenced yard, and gas fire pit on a timer. Major mechanicals have been updated as well, including all new AC units installed in 2022, water heaters replaced within the last five years, furnaces within the last six years. The main floor was fully gutted in 2022 with new drywall, windows, flooring, redesigned kitchens with granite countertops, new cabinets, appliances, tile, lighting, and fully updated bathrooms. The upstairs was renovated in 2025, adding a second full bathroom, expanding the kitchen, and installing new cabinets, appliances, butcher-block countertops, tile flooring, and updated fixtures. A full basement provides ideal storage plus a washer and dryer to support efficient short term rental turnover. A portion of the lot offers potential for added parking or a secondary building, enhancing future rental income possibilities. With steady cash flow, flexible unit layouts, and comprehensive renovations already completed, this property is ready to generate income for an investor from day one. Listing agent has financial interest in property.
Presented By: Rachel Prillwitz with Weichert Rltrs-J.Dunfee&Assoc.;

Interior Features for 602 N Frances Street

Bedrooms

Num. of 1 Bedrooms1
Num. of 2 Bedrooms1
Num. of 3 Bedrooms1
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms3
Above Grade Bedrooms6
Beds6
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms2
Below Grade Baths

Other Interior Features

Total Finished SqFt2722
Basement Y/NYes
Above Grade Finished SqFt2722
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1361
Main Level SqFt1361
Num. of Efficiencies0
BasementFull Basement, Unfinished
Dishwasher(s)3
Disposal(s)
Dryer(s)2
FlooringCarpet, Tile, Vinyl
Microwaves3
Ranges/Ovens3
Refrigerators3
Total Number of Units3
W/D Hookups2
Washers2

Other Rooms

Total Rooms Below Grade1

General for 602 N Frances Street

Age96
Agent First NameRachel
Agent Last NamePrillwitz
Annual Electric Expense2619.73
Annual Fuel Expense1703.31
Annual Insurance Expense4696.89
Annual Trash Expense
AreaSt. Joseph County
Assoc. Dues FrequencyNot Applicable
Associated Document Count3
Auction Y/NNo
Bathrooms4
CitySouth Bend
ClassINVESTMENT
Common AmenitiesSidewalks
CoolingCentral Air
DOM6
Elementary SchoolNuner
FIPS Code18141
FeaturesBasement, Ceiling Fan, Fenced Yard, Storage, Countertops-Stone, Detector-Smoke, Firepit, Open Floor Plan, Patio Open, Pocket Doors, Water Heater Gas
Full Baths4
Half Baths
HeatingGas, Forced Air
High SchoolAdams
Legal DescriptionLOT 1 SHONE'S FRANCES ST MINOR SUB NP #3718 6/14/06
LocationNear College Campus
Lot Number1
Middle SchoolJefferson
Net Income50062.44
New ConstructionNo
OwnerPaysCooling, Electric, Fuel, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
PROPOSED FINANCINGCash, Conventional
ParkingPublic, Street
Pet Restrictions Y/NYes
REONo
Rent Income69633.95
School DistrictSouth Bend Community School Corp
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysDeposit Value
Total Sq Ft4083
TownshipPortage
TypeTriplex
Virtual TourClick here
Year Built1929

Exterior for 602 N Frances Street

Approx. Lot Size Acres0.08
DrivewayNone
Electric Meters2
ExteriorBrick
FenceFull, Privacy, Wood
Gas Meters2
Lot DescriptionCorner, 0-2.9999
Lot Dimensions27X130
Lot Size Area3510
Number of Parking Spaces0
OutbuildingNone
PoolNo
ROOF MATERIALShingle
Water FeaturesNone
Water Meters2
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Jefferson Middle School
High School Adams High School
Elementary School Nuner Elementary School

Caylie Barras

Broker
Price $874,900
MLS#202547822
List Date 12/02/2025
Property Type Multi-Family
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