Flip or Rental Play Near Notre Dame – South Bend, IN

  • $90,000
Myrtle Ave, South Bend, IN 46637
  • Single Family
  • Property Type
  • 2
  • Bedrooms
  • 1.00
  • Bathroom
  • 693
  • Moderate
  • Estimated Rehab Cost
  • $185,000-$199,000 +/-
  • Estimated ARV
  • St. Joseph
  • County

Overview

  • Single Family
  • Property Type
  • 2
  • Bedrooms
  • 1.00
  • Bathroom
  • 693
  • Moderate
  • Estimated Rehab Cost
  • $185,000-$199,000 +/-
  • Estimated ARV
  • St. Joseph
  • County

Description

This 3-bed, 1-bath bungalow at 52236 Myrtle Ave offers solid fundamentals and light cosmetic upside. Built in 1942 with 693 sq ft of living space and a 1-car garage, the home also has an unfinished basement for added storage or future expansion. It’s positioned in a rental-friendly pocket minutes from the university and major employers — ideal for investors seeking steady returns or an affordable flip.

🛠️ Rehab Scope

  • Roof: ~5 years old
  • HVAC: Central air, fully functional
  • Windows: Lifetime transferable warranty
  • Kitchen: Cabinets redone; remainder original
  • Bathroom: Updated shower, new vanity, painted walls
  • Plumbing: Well & septic in good condition

🔹Comparable Sales 

  1. 52321 Hollyhock Rd – 2/1 | 804 sf | Sold $199,965 | Rehabbed
  2. 19531 Paxson Dr S – 2/1 | 796 sf | Sold $199,899 | Rehabbed
  3. 19977 Brick Rd – 2/1 | 949 sf | Sold $215,000 | Fully updated

📈 ARV Estimate: ≈ $185,000 – $205,000 based on nearby renovated 2-beds

Solid equity margin remains even with moderate finishing work.

Details

  • Price: $90,000
  • Property Size (Sq. ft.): 693
  • Land Area (Acres): 0.23
  • Bedrooms: 2
  • Bathroom: 1.00
  • Garage: 1 Car Garage
  • Year Built: 1942
  • Property Type: Single Family
  • Property Status: Cash Flow, Flip
  • County: St. Joseph
  • Estimated ARV: $185,000-$199,000 +/-
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $1,300
  • Yearly Taxes: $2,758
  • HOA Monthly Cost: $0
  • Construction Type: Frame
  • Pool: None
  • Address Myrtle Ave South Bend, IN 46637
  • City South Bend
  • State Indiana
  • Zip/Postal Code 46637

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