1520 Portage Avenue South Bend, IN 46616

Single Family Detached MLS #: 202447249 Courtesy Of eXp Realty, LLC

$208,900

3 beds | 1 baths | 2 half baths | 2,680 sq ft
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Est. Property Tax: $4,515
Estimated monthly payments: $1,289/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick
  • Heating System: Forced Air
  • Lot Size: 0.14 Acres
  • Rooms: Basement

MAP & DIRECTIONS

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1520 Portage Avenue, South Bend, IN 46616
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School Information

1520 Portage Avenue, South Bend, IN 46616

Elementary School
Grades KG-5 | Public School
KENNEDY ACADEMY
South Bend, IN 46628
609 N Olive St
574.­393.3100
Distance: 1.2 mi
School Rating
B-
Student:Teacher Ratio
20:1
Total Students
619
Elementary School
Grades KG-5 | Public School
TARKINGTON ELEMENTARY SCHOOL
South Bend, IN 46635
3414 Hepler St
574.­393.3600
Distance: 3.6 mi
Student:Teacher Ratio
15:1
Total Students
215
Elementary School
Grades KG-5 | Public School
MUESSEL ELEMENTARY SCHOOL
South Bend, IN 46616
1021 Blaine Ave
574.­393.3400
Distance: 0.5 mi
School Rating
D-
Student:Teacher Ratio
16:1
Total Students
313
Middle School
Grades 6-8 | Public School
LASALLE ACADEMY
South Bend, IN 46628
2701 Elwood Ave
574.­393.4700
Distance: 0.9 mi
School Rating
A+
Student:Teacher Ratio
15:1
Total Students
513
High School
Grades 9-12 | Public School
RISE UP ACADEMY AT EGGLESTON
South Bend, IN 46617
740 N Eddy St
574.­393.3500
Distance: 2.0 mi
School Rating
F
Student:Teacher Ratio
12:1
Total Students
202
High School
Grades 9-12 | Public School
CLAY HIGH SCHOOL
South Bend, IN 46637
19131 Darden Rd
574.­393.4900
Distance: 3.0 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
857
Other Nearby Schools Distance Type Grades School Rating
Holy Cross Elementary School 0.6 mi Private PK-8
Marquette Montessori Academy 0.7 mi Public PK-6 C-
Madison S.t.e.a.m. Academy 1.1 mi Public KG-5 D
Excel Center - South Bend 1.4 mi Public 11-12 D
Success Academy Primary School 1.5 mi Public KG-5 D+
Corpus Christi School 1.6 mi Private PK-8
St John The Baptist Catholic School 1.6 mi Private PK-8
Coquillard Elementary School 1.8 mi Public KG-5 D-
St Joseph High School 1.8 mi Private 9-12
St Joseph Grade School 1.9 mi Private PK-8
St Adalbert Catholic School 2.0 mi Private PK-8
South Bend Virtual School 2.0 mi Public 1-12 D
Dickinson Fine Arts Academy 2.0 mi Public 6-8 D+
Purdue Polytechnic High School Sou 2.1 mi Public 9-11
Early Childhood Develop Center 2.1 mi Private PK-KG
Harrison Elementary School 2.2 mi Public KG-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

South Bend, IN 46616

Median Age: 33.8
Married: 30%
Number of Households: 2,429
Households with Children: 23.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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