Jen Arizmendi, Listing Office: Addresses Unlimited, LLC
$2,493
closing credit¹
1520 Portage Ave South Bend, IN 46616
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
Virtual tour
Summary
- MLS Number: 202447249
- Office Name: eXp Realty, LLC
- Office Phone: (260) 888-3985
- Listing Agent: Seth Dawson
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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$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
Year | Assessment | Property 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.
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.
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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%.