$85,000

1822 Vassar AveSouth Bend, IN 46628

Homes, condos and townhomes · MLS 11634002 · Listed 284 days ago (Jan 19, 2026)

10 mi straight line to Potato Creek State Park ski trails (public cross-country trails) · Ski access details

For sale: On the market and available to show.

About this property

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.

Description provided by the listing brokerage.

Facts

List price

$85,000

Original list price

$89,995

Status

For sale

Property type

House

Bedrooms

3

Full baths

1

Interior area

1,656 sq ft

Lot size

0.09 acres (3,868 sq ft)

Year built

1928

County

St. Joseph County

MLS number

11634002

Facts are provided by the listing brokerage.

Features

Location

Pin placed from the listing's coordinates, which can be approximate. See more listings in South Bend.

Price and status history

• Original list price reported by the brokerage: $89,995
• Oct 29, 2026: Started qualifying as near skiing on Where2Ski

Changes seen in MyStateMLS data since Oct 29, 2026. Sold prices are not published.

Estimate a monthly payment

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Questions to ask before you buy

Good questions for any home near the slopes.

1. How is the property reached in winter, and who plows the road and driveway?A short straight-line distance can still mean a long or seasonal drive. Private roads, gates and mountain passes all shape winter access.
2. Is there documented ski access from the property (trail, easement, lift), and does it transfer to a buyer?Rights to cross neighboring land or use a lift come from recorded easements and agreements, so a ski-in or ski-out description is where the question starts.
3. Are there association, resort or club fees, and what do they cover?Some ski-area communities charge fees that cover only certain amenities, so ask what lift tickets, passes and services are included.
4. Are there rules on renting the home short-term or long-term?Local ordinances, association covenants and deed restrictions all set rental rules, and they differ from place to place.
5. What do heating, snow removal, winterization and utilities cost over a season?Ownership costs in snow country often run higher than the mortgage estimate suggests.
6. For land: is there legal year-round access, and what utilities, septic and building rules apply?Seasonal roads and steep lots can limit what can be built and when it can be reached.

Printable due-diligence checklist · Ski home ownership budget

Guides and next steps

• Ski homes in Indiana
• More homes near Potato Creek State Park ski trails
• How homes qualify as near skiing

Listing courtesy of EASY REALTY. Listing agent: Greg Owen. Listings provided by MyStateMLS.

Listing updated Oct 23, 2026, 9:34 AM UTC, MyStateMLS data received Oct 30, 2026, 6:01 PM UTC. Information deemed reliable but not guaranteed.