$2,493

closing credit¹

1520 Portage Ave South Bend, IN 46616

$209,900
3 beds
1 full, 2 partial
0.1 acres
$78 / sqft
House

Property details

About 1520 Portage Ave

This unique property offers an excellent blend of residential and commercial potential in a highly visible location off of Portage Avenue, which leads directly to downtown South Bend. The two-story, three-bedroom, one-bath home is situated at the rear of the property, facing Queen Street. Currently rented under a 100% voucher section 8 year lease that expires in August 2025, it provides steady and reliable income. At the front of the property, facing Portage, there are two office spaces. The first office is currently occupied by a tailoring business on a month-to-month lease, offering flexibility for future use. The second office is vacant and ready to accommodate a new business or tenant. The property also includes a six-car parking lot next to the house, with additional street parking available for convenience. This setup makes it an ideal choice for investors or business owners looking for a mixed-use property in a prime location. Whether you’re expanding your investment portfolio or searching for a property that combines residential and commercial use, this opportunity offers unmatched versatility and potential.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.14 Acres
Year built1920
MLS #202447249

Virtual tour

Summary

  • MLS Number: 202447249
  • Office Name: eXp Realty, LLC
  • Office Phone: (260) 888-3985
  • Listing Agent: Seth Dawson

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$209,900

1520 Portage Ave

$2,493

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$100,200$2,300
2019$97,200$2,627
2018$97,200$2,700
2017$96,000$2,750

History based on county public records data.

Nearby schools

2

Muessel Elementary School

Public District KG-5

0.5 mi

1021 Blaine Ave

4

Marquette Montessori Academy

Public Magnet PK-6

0.7 mi

1818 Bergan St

3

Madison S.T.E.A.M. Academy

Public District KG-5

1.1 mi

832 N Lafayette Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,066. Most South Bend, IN residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

60%
<35k
31%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
15%
Single, with Kids
18%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1520 Portage Ave

This home is located at 1520 Portage Ave in South Bend, IN and zip code 46616 in the Keller Park neighborhood. This home, which was built in 1920, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $209,900.

In December 2024, from all listings sold in South Bend, IN there were more than 31 sold above asking price, over 100 sold below and more than 29 were sold right at the asked price. The inventory of homes for sale in South Bend, IN between November and December 2024 decreased by 4.7%.

From Rocket Homes Real Estate and based on county public records data.

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