Don’t miss out on your chance at this nicely updated duplex offering immediate cash flow with both units currently occupied. This property is in very good condition, making it an excellent opportunity for investors seeking a low maintenance, income-producing asset. The lower unit boasts a spacious and open 1-bedroom layout with a large kitchen offering ample cabinet and counter space, plus a generously sized living room with fireplace. The upper unit offers a private entrance and a 3-bedroom layout, providing excellent space and privacy for tenants. Shared laundry in the basement for tenant convenience. Ample private off-street parking. Basement and garage provide extra storage. With both units currently occupied and producing steady income, this duplex is a true turnkey investment opportunity - add it to your portfolio and start collecting rent from day one!
Closed
$150,000
1224 Lincolnway E, South Bend, IN 46601
4beds
1,814sqft
Duplex
Built in 1919
-- sqft lot
$152,300 Zestimate®
$--/sqft
$1,111 Estimated rent
Home value
$152,300
$137,000 - $169,000
$1,111/mo
Zestimate® history
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$996/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Nicholas Bickel 574-850-1498,
Weichert Rltrs-J.Dunfee&Assoc.,
Brianna Merz,
Weichert Rltrs-J.Dunfee&Assoc.
Bought with:
Brianna N Merz, RB20000007
Weichert Rltrs-J.Dunfee&Assoc.
Source: IRMLS,MLS#: 202606872
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Features
- Laminate Counters, Eat-in Kitchen
- Flooring: Mixed
- Basement: Full
- Has fireplace: Yes
Interior area
- Total structure area: 2,630
- Total interior livable area: 1,814 sqft
- Finished area above ground: 1,814
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
- Waterfront features: Frontage Lot, River
- Body of water: Saint Joseph River
- Frontage length: Water Frontage(80)
Lot
- Size: 0.28 Acres
- Dimensions: 80 x 244
- Features: Level
Details
- Additional structures: None
- Parcel number: 710918153005.000026
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Basement
Condition
- New construction: No
- Year built: 1919
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: None
Location
- Region: South Bend
Financial & listing details
- Tax assessed value: $134,400
- Annual tax amount: $511
- Date on market: 3/4/2026
- Inclusions: Building
- Lease term: 12 Months
- Total actual rent: 9600
- Tenant pays: Cooling, Heating, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/2/2026 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2026 | Sold | $150,000-6.2% |
Source:  IRMLS #202606872 Report a problem | ||
| 3/10/2026 | Pending sale | $159,900 |
Source: IRMLS #202606872 Report a problem | ||
| 3/4/2026 | Listed for sale | $159,900 |
Source: IRMLS #202606872 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,563 +48.5% | $134,400 +23.6% |
| 2024 | $1,726 -0.1% | $108,700 +50.1% |
| 2023 | $1,728 -23.4% | $72,400 -33.1% |
| 2022 | $2,256 +0% | $108,300 +15.2% |
| 2021 | $2,256 +322.4% | $94,000 |
| 2020 | $534 -16.5% | $94,000 +252.1% |
| 2019 | $640 -8.8% | $26,700 -0.4% |
| 2018 | $702 -2.1% | $26,800 +1.1% |
| 2017 | $716 +6.4% | $26,500 |
| 2016 | $673 -0.5% | $26,500 +2.3% |
| 2014 | $677 -0.2% | $25,900 |
| 2013 | $679 -71.5% | $25,900 -71.4% |
| 2012 | $2,382 +113.1% | $90,600 +113.2% |
| 2011 | $1,118 0% | $42,500 +1.7% |
| 2010 | $1,118 +172.9% | $41,800 |
| 2009 | $410 | $41,800 |
Find assessor info on the county website
Neighborhood: 46601
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Nearby schools
GreatSchools rating
- 2/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.4 mi
- NAStudebaker Primary CenterGrades: PK-12Distance: 0.5 mi
- 3/10Riley High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Jackson
- High: Riley
- District: South Bend Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Saint Joseph County
- South Bend
- 46601
- 1224 Lincolnway E
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