Key facts
- Beds
- 4
- Baths
- 1 full
- Living area
- 1,456 sqft
- Lot
- 0.14 acres
- Year built
- 1921
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22130358
- County
- St Joseph
- Subdivision
- No Subdivision
- Total building area
- 2,184 sqft
About this home
Investment opportunity with strong rental history! This 4-bedroom, 1-bath home was previously rented for $1,450 per month, offering a potential gross rental income of $17,400 annually at the prior rental rate. The property is currently vacant, giving the next owner flexibility to place a new tenant, set their own lease terms, or consider owner occupancy. Recent major updates include a new furnace and new water heater, helping reduce some of the larger near-term maintenance expenses. With four bedrooms, a practical layout, and proven rental history, this property could make a solid addition to an investment portfolio. Conveniently located in South Bend near shopping, schools, transportation, and area amenities. Whether you're looking for your next rental property or a home with income-producing potential, 1031 College St is worth a look.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Basement
- Rooms
- 6
Exterior
- Exterior features
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Heating
- Cooling
- Water
Schools
- School district
- South Bend Community School Corp
Taxes
- Estimated annual tax
- $1,464 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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