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  • Price cut: $60K (5/30)
    $540,000

    1654 Obrien St, South Bend, IN 46628

    3beds
    1,784sqft
    : 
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    Single Family Residence
    Built in 1949
    4,791 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Basement provides additional storageNice-sized lotTenant-friendly layout
    Investment Portfolio – 5 Properties Offered as a Package Only | South Bend, IN Serious investors only. This is a turnkey opportunity to acquire a 6-unit rental portfolio: 4 single-family homes and 1 duplex being sold strictly as a bundle. Portfolio Highlights: • Total Current/Pro Forma Gross Monthly Rent: $7,248 • Strong Section 8 / tenant-friendly units with proven demand • Mix of stabilized cash-flowing properties + one vacant unit ready for immediate occupancy • All properties located in South Bend with solid rental histories Individual Properties Included: • 112 E Bowman St – Duple: Unit 1: $959 | Unit 2: $1,162 | Total: $2,121/month • 1230 N Meade St – Single Family (2 bed / 1 bath) Currently rented at $1,050/month • 1514 N Adams St – Single Family (3 bed / 1 bath) Currently rented at $1,375/month • 1654 O’Brien St – Single Family (3 bed / 1 bath) currently occupied and current rent at $1,350/month (Section 8 ready) • 2207 Roger St – Single Family (3 bed / 1 bath) Currently rented at $1,352/month Property Snapshot – 1654 O’Brien St (featured unit): This 3-bedroom, 1-bath single-family home (built 1949) sits on a nice-sized lot and offers classic South Bend charm with a tenant-friendly layout. Main level features hardwood floors, two bedrooms, and a full bath. The upper level has a large third bedroom. Basement provides additional storage and potential to finish for added value. Currently vacant and ready for possession. Whether you’re an experienced investor looking to expand your holdings or seeking a well-located portfolio with immediate cash flow, this package delivers strong income potential and long-term appreciation in a proven rental market. Bundle Sale Only – No individual properties will be sold separately. Serious inquiries only. Proof of funds required prior to showings.
    72 days
    |
    118
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Ruschak 219-508-6647,

    Coldwell Banker Realty

    Source: IRMLS,MLS#: 202616263MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bedrooms: 2
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,648
      • Total interior livable area: 1,784 sqft
      • Finished area above ground: 1,784
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 4,791 Square Feet
      • Features: Other
      Details
      • Parcel number: 710334454002.000026
      • Zoning: SN1,R

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Keller(s)
      Location
      • Region: South Bend

      Financial & listing details

      • Tax assessed value: $55,500
      • Annual tax amount: $1,335
      • Date on market: 5/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,272/mo

        Price history

        DateEventPrice
        5/30/2026Price change$540,000-10%
        Source: IRMLS #202616263 Report a problem
        5/2/2026Listed for sale$600,000+1150%
        Source: IRMLS #202616263 Report a problem
        4/20/2026Listing removed$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        4/7/2026Listed for rent$1,350+5.9%$1/sqft
        Source: Zillow Rentals Report a problem
        9/13/2024Listing removed$1,275$1/sqft
        Source: Zillow Rentals Report a problem
        6/27/2024Price change$1,275-1.9%$1/sqft
        Source: Zillow Rentals Report a problem
        6/3/2024Listed for rent$1,300$1/sqft
        Source: Zillow Rentals Report a problem
        2/15/2022Sold$48,000+11.6%$27/sqft
        Source: Agent Provided Report a problem
        8/23/2018Listing removed$43,000$24/sqft
        Source: Coldwell Banker RWG - SB #201827262 Report a problem
        6/22/2018Listed for sale$43,000+7.5%$24/sqft
        Source: Coldwell Banker RWG - SB #201827262 Report a problem
        10/3/2015Listing removed$40,000$22/sqft
        Source: Cressy & Everett Real Estate #201531141 Report a problem
        7/2/2015Listed for sale$40,000+101%$22/sqft
        Source: Cressy & Everett Real Estate #201531141 Report a problem
        1/18/2012Listing removed$19,900$11/sqft
        Source: At Home Realty Group Report a problem
        1/7/2012Price change$19,900-4.8%$11/sqft
        Source: At Home Realty Group Report a problem
        10/7/2011Price change$20,900-12.6%$12/sqft
        Source: At Home Realty Group Report a problem
        10/2/2011Price change$23,900-4%$13/sqft
        Source: At Home Realty Group Report a problem
        7/27/2011Price change$24,900-3.9%$14/sqft
        Source: At Home Realty Group Report a problem
        7/23/2011Price change$25,900-23.6%$15/sqft
        Source: At Home Realty Group Report a problem
        6/11/2011Price change$33,900-10.6%$19/sqft
        Source: At Home Realty Group Report a problem
        5/17/2011Listed for sale$37,900$21/sqft
        Source: At Home Realty Group Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,304 -1.3%$55,500 +0.4%
        2024$1,321 -0.7%$55,300 -0.2%
        2023$1,329 +120.7%$55,400
        2022$602 +0%$55,400 +120.7%
        2021$602 +13.2%$25,100
        2020$532 -16.2%$25,100 -5.6%
        2019$635 -9.2%$26,600
        2018$699 -2.1%$26,600 +0.8%
        2017$714 +6%$26,400
        2016$673 -1.3%$26,400 +1.1%
        2014$682 -44.2%$26,100 -44.1%
        2013$1,223 -12.5%$46,700 -12.2%
        2012$1,399 +2001.2%$53,200 +56.5%
        2011$67 +7.5%$34,000
        2010$62 $34,000 +19.3%
        2009-- $28,500 -54%
        2007-- $62,000 -43%
        2006$321 -5.4%$108,800
        2004$340 -37.2%$108,800 -17.6%
        2003$541 $131,990 +1607.5%
        2001-- $7,730
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: FNW

        Getting around

        29 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Muessel
        • Middle: Clay International Academy
        • High: Clay
        • 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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