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For sale
  • $89,800

    1822 Vassar Ave, South Bend, IN 46628

    3beds
    1,656sqft
    : 
    $649/mo
    Get pre-qualified
    Single Family Residence
    Built in 1928
    3,868 Square Feet Lot
    $-- Zestimate®
    $54/sqft
    $-- HOA

    What's special

    Usable outdoor spaceRoomy common spaces
    Welcome to 1822 Vassar Ave-an immediately cash‑flowing 3-bedroom, 1-bath investment that checks all the right boxes for a buy‑and‑hold portfolio. With a reliable tenant in place participating in a local authority housing program, you'll step straight into steady income without the downtime or uncertainty of a lease-up period. If you're prioritizing consistency, simplicity, and low carrying costs, this property is built for your strategy. Why This Property Works for Investors Predictable Income: Enjoy consistent, on‑time payments backed by the local authority program. Minimal collection risk and dependable cash flow streamline your month‑to‑month operations. Low Overhead: Taxes and insurance are low, helping to bolster net operating income. No HOA: Zero HOA oversight, fees, or restrictions-more control, fewer headaches. Tenant in Place: No make‑ready costs, no vacancy gap, and no marketing spend-just turnkey income from day one. Property Highlights Practical Floor Plan: Single‑level layout with three well‑proportioned bedrooms and a full bath-ideal for long‑term tenancy and broad renter appeal. Functional Kitchen & Living Areas: Roomy common spaces for everyday comfort, easy to maintain, and tenant‑friendly. Solid Systems: Straightforward mechanicals and simple finishes keep maintenance predictable and budget‑friendly. Off‑Street Parking & Yard: Usable outdoor space and practical parking add everyday convenience for tenants. Established Rental Location: Situated in South Bend with fast access to local services, employment corridors, schools, and shopping-exactly what long‑term renters value. Investment Advantages Immediate Cash Flow: Income on day one thanks to a current tenant under a local authority housing agreement. Stability Over Speculation: Designed for investors who value durability of rent rolls over volatility. Scale‑Friendly: An easy add to any portfolio-self‑manage or hand off to property management with minimal transition. What You'll Love as an Owner Straightforward ownership experience without HOA rules, special assessments, or surprise community fees. A property that attracts dependable tenancy and supports long-term retention with its simple, livable design. Clear path to performance: low fixed costs + reliable rents = attractive yield profile. Showing & Access Property is tenant‑occupied. To respect the current resident's privacy, showings require advance notice and may be limited to set windows. Please do not disturb the tenant. Buyers may request interior access after providing proof of funds or pre‑approval. Terms & Disclosures Being sold as‑is subject to tenant rights. Lease details and rent roll available to qualified buyers upon request. Buyer to verify all measurements, schools, and any city requirements to their satisfaction. Real estate commission is offered-agents, bring your buyers. Make Your Move Turnkey rental properties with dependable, government‑backed payments and low overhead aren't on the market every day. If you're seeking a clean, uncomplicated addition to your portfolio, 1822 Vassar Ave is ready to perform from day one. Interested? Reply here to request financials, rent history, and access instructions-or to schedule your private showing window.
    5 days
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    546
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Owen 407-557-7126,

    EASY REALTY

    Source: My State MLS,MLS#: 11634002

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Kitchen, Living Room
      Kitchen
      • Features: Galley, Laminate Counters
      Basement
      • Area: 0
      Heating
      • Electric
      Appliances
      • Included: Refrigerator, Oven
      Features
      • Flooring: Carpet, Laminate
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,656
      • Total interior livable area: 1,656 sqft
      • Finished area above ground: 1,656

      Property

      Lot
      • Size: 3,868 Square Feet
      Details
      • Parcel number: 710803281001.000026
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Electric: Amps(0)
      • Sewer: Municipal
      • Water: Municipal

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: South Bend

      Financial & listing details

      • Price per square foot: $54/sqft
      • Tax assessed value: $47,800
      • Annual tax amount: $1,120
      • Date on market: 7/20/2026
      • Date available: 01/19/2026
      • Listing agreement: Exclusive

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,245/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$89,800-0.1%$54/sqft
        Source: My State MLS #11634002 Report a problem
        7/1/2026Listing removed$89,900$54/sqft
        Source: My State MLS #11634002 Report a problem
        6/10/2026Price change$89,900-0.1%$54/sqft
        Source: My State MLS #11634002 Report a problem
        1/19/2026Listed for sale$89,995+125%$54/sqft
        Source: My State MLS #11634002 Report a problem
        9/30/2022Sold$40,000+33.3%$24/sqft
        Source: Public Record Report a problem
        4/8/2011Sold$30,000+203%$18/sqft
        Source: Agent Provided Report a problem
        1/21/2011Listed for sale$9,900$6/sqft
        Source: Listhub #9928443 Report a problem
        1/16/2011Pending sale$9,900$6/sqft
        Source: Fannie Mae #9928443 Report a problem
        9/27/2010Price change$9,900-79.6%$6/sqft
        Source: Fannie Mae #9927621 Report a problem
        9/25/2010Listed for sale--
        Source: foreclosure.com Report a problem
        9/22/2010Sold$48,433$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,120 -0.7%$47,800 +0.6%
        2024$1,128 -0.7%$47,500 +0.4%
        2023$1,135 +25.4%$47,300
        2022$905 +0%$47,300 +25.5%
        2021$905 +20%$37,700
        2020$754 -62.3%$37,700
        2019$2,001 -4.7%$37,700 -3.6%
        2018$2,099 +25.3%$39,100 +0.8%
        2017$1,675 +70%$38,800
        2016$985 +12.2%$38,800 +15.5%
        2014$878 -0.2%$33,600
        2013$880 -49.9%$33,600 -49.7%
        2012$1,756 +37.1%$66,800 +37.2%
        2011$1,281 -1.6%$48,700
        2010$1,302 +4.1%$48,700
        2009$1,252 $48,700
        2007-- $48,700 +20.2%
        2006$1,513 -51.1%$40,500 -54.4%
        2003$3,094 $88,800 +1053.2%
        2001-- $7,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Lasalle Area

        Getting around

        46 / 100
        Car-Dependent
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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