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    Niles, MI
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    Niles, MI Apartment Buildings for Sale

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    South Bend, IN Buchanan, MI Berrien Center, MI Edwardsburg, MI Berrien Springs, MI Granger, IN Mishawaka, IN Dowagiac, MI
    C-1 Multifamily Housing Development Site
    Updated: Apr 22
    C-1 Multifamily Housing Development Site

    2394 Yankee Street, Niles, MI 49120

    $329,900
    1.45 AC lot
    Nearly 1.5 acres with C‑1 mixed‑use zoning and multiple income‑producing structures
    House in front is leased for $1,200/mo
    Two manufactured duplexes plus 11 cabins with potential for more housing
    Currently 6 units are leased at $500/mo
    7,000 sq ft? (not provided) heating/utility details: forced‑air heating, cable available
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    Spansail Court Apartments
    Updated: Feb 17
    Spansail Court Apartments

    2209 Spansail Dr, Niles, MI 49120

    Contact for pricing
    39,225 sqft 2.61 AC lot
    48‑unit multifamily community in Niles, Michigan (South Bend–Mishawaka MSA).
    Recent capital improvements of over $250,000, including new roofs in 2020.
    Desirable unit mix of 75% two‑bedroom and 25% one‑bedroom units.
    Located less than 30 minutes from South Bend's primary employment corridors.
    Limited new multifamily development and historically strong occupancy in the submarket.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Niles, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Furnished Student Housing Townhomes
    Furnished Student Housing Townhomes

    18088 Legacy Village Court, South Bend, IN 46637

    $19,750,000
    44,800 sqft

    Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.

    View details
    66-Unit Student Housing Property
    66-Unit Student Housing Property

    1106 S 20TH ST, South Bend, IN 46615

    $9,000,000
    58,544 sqft

    Multifamily student housing with 66 units and 133 beds, supported by extensive recent capital improvements and upgrades.

    View details
    Twelve-Unit Multifamily Property
    Twelve-Unit Multifamily Property

    701 W Beardsley Avenue, Elkhart, IN 46514

    $499,000
    10,290 sqft 0.32 AC lot

    12-unit multifamily with nine leased units, two vacant units, and an outbuilding on a 0.32-acre lot.

    View details
    Twelve-Unit Apartment Building
    Twelve-Unit Apartment Building

    701 W Beardsley Avenue, Elkhart, IN 46514

    $499,000
    0.33 AC lot

    Twelve-unit multifamily asset with multiple vacancies and recent electrical improvements for future utility separation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details

    Niles, MI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Niles, MI on our real estate platform. These investment opportunities span a total of 39,225 square feet of properties for sale, with an estimated market value of $329,900.

    Sale prices for two-family homes in Niles, MI start at $0.00, averaging $164,950, and reaching up to $329,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 37K
    Population Growth (5Y) +0.4%
    Median Household Income $61,940
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Niles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49120 $334.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $64.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Berrien County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Niles fall within the 25,000 to 50,000 square foot range.

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