
Courtesy of: Greg Owen, EASY REALTY, greg@easyrealty.com
$60,000
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2 bed
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1.00 Bath (1 Full)
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Single Family Residence
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$60,000
1203 Dunham St Welcome to 1203 Dunham St, South Bend, IN 46619-an investor-friendly, cash-flowing opportunity that checks the boxes for low-maintenance ownership and immediate income. This solid 2-bedroom, 1-bath home was refurbished in 2023 and received a flooring upgrade in 2025, creating a clean, updated feel that tenants appreciate and investors value. With a private drive that leads directly to the rear of the property and a detached 1-car garage, you'll enjoy true off-street convenience-rare at this price point and ideal for long-term tenancy appeal. Inside, the efficient, functional layout maximizes every square foot for everyday living. Natural light filters into the main living areas, while the refreshed finishes keep ongoing upkeep straightforward. The 2023 refurbishment (per seller) provides peace of mind for investors seeking stabilized performance without heavy capital projects, and the 2025 flooring upgrade adds durability and polish-perfect for rental longevity. This property is tenant-occupied with rent regularly paid by Section 8 housing authorities, giving you instant cash flow upon closing. For investors looking to expand or balance a rental portfolio, the combination of consistent payments and refreshed interiors is a compelling value proposition. Taxes and insurance are low, and with no HOA, you'll avoid additional monthly fees that erode returns. In short: low carrying costs, updated condition, and dependable income-exactly what you want in a buy-and-hold asset. Property Highlights: 2 Bedrooms / 1 Bathroom - a classic, easy-to-rent configuration Refurbished in 2023 - updated finishes and refreshed spaces (per seller) Upgraded flooring in 2025 - added durability and modern look Private rear drive - direct access to the back of the property Detached 1-car garage - off-street parking, storage, and tenant appeal Tenant-occupied - seamless transition and cash flow from day one Section 8 payments - rent paid by housing authorities for consistent income Low taxes & insurance - more net income to your bottom line No HOA - no added restrictions or monthly fees Investor-focused - a turnkey addition to your rental portfolio Why Investors Will Like It: Turnkey condition reduces make-ready downtime and upfront capex. The private rear access and garage add practical value for tenants, helping with retention. The Section 8 payment structure offers predictable rent collection, aligning with steady portfolio performance. With no HOA and historically modest carrying costs, the fundamentals here are built for straightforward, long-term buy-and-hold ownership. Location & Livability: Situated on Dunham St in South Bend (46619), the home offers everyday convenience to local amenities, services, and commuter routes. The area's steady rental demand supports consistent occupancy, and the home's features-garage, off-street access, refreshed interiors-enhance its appeal to a broad renter base. Logistics & Showing Info: Please do not disturb tenants. Showings require advance notice and may be accommodated with respect to the tenant's schedule. Investors are encouraged to request the rent ledger, expense snapshot, and any available disclosures. Inspections welcome; please coordinate timing through the listing contact. Terms & Commission: This property is offered with a real estate commission to cooperating brokers. Standard terms apply-reach out for details and to submit offers. All information deemed reliable but not guaranteed; buyers to verify schools, taxes, square footage, permits, and all material aspects to their satisfaction. Next Steps: Turnkey, updated, tenant-occupied, and no HOA-1203 Dunham St is a smart, low-friction addition to your portfolio. Schedule your viewing window, request the rent roll and expense info, and run your numbers today. Opportunities at this price point, with these fundamentals, don't last.
Courtesy of: Greg Owen, EASY REALTY, greg@easyrealty.com
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