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    Niles, MI Apartment Buildings for Sale

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    South Bend, IN Buchanan, MI Berrien Center, MI
    Spansail Court Apartments in Niles
    Contact for pricing
    2.61 Acres
    Spansail Court Apartments in Niles

    2203 Spansail Dr, Niles, MI 49120

    48-unit multifamily community in Niles, Michigan.
    • Located in a stable submarket with limited new multifamily development and historically strong occupancy.
    • Benefits from over $250,000 in recent capital improvements, including newly shingled roofs in 2020, reducing near‑term capital needs.
    • Durable unit mix of 75% two‑bedroom and 25% one‑bedroom units, aligning with the area's renter base.
    • Located less than 30 minutes from South Bend's primary employment corridors.
    • Offers a stabilized acquisition with current income and long‑term value appreciation potential.
    Updated: Apr 3
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    Spansail Court Apartments
    Contact for pricing
    39,225 SF
    Spansail Court Apartments

    2209 Spansail Dr, Niles, MI 49120

    48-unit multifamily community in Niles, Michigan.
    • 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.
    Updated: Feb 17
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    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.

    Elkhart Multifamily Investment Opportunity
    $499,000
    10,290 SF
    Elkhart Multifamily Investment Opportunity

    12-unit property with income and value-add potential in Elkhart.

    701 W Beardsley Avenue, Elkhart, IN 46514

    View details
    Elkhart Multifamily Investment Opportunity
    $499,000
    0.33 Acres
    Elkhart Multifamily Investment Opportunity

    12-unit property with income and value-add potential in Elkhart.

    701 W Beardsley Avenue, Elkhart, IN 46514

    View details
    Spacious Townhouse-Style Condo in Shoreham
    $374,000
    2,280 SF
    Spacious Townhouse-Style Condo in Shoreham

    Meticulously maintained 5BR condo with over 3,000 finished sq ft.

    2566 HOLIDAY HOUSE, Saint Joseph, MI 49085

    View details
    Spacious Condo Near Downtown Beaches
    $355,000
    2,134 SF
    Spacious Condo Near Downtown Beaches

    Condominium with open floor plan, close to downtown and beaches.

    2535 Holiday House, Saint Joseph, MI 49085

    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
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

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

    N West Bypass, Springfield, MO 65802

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607

    View details

    Niles, MI Apartment Buildings Investment Opportunities Market Analysis

    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 $0.00.

    Sale prices for two-family homes in Niles, MI start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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    Property Size Breakdown

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

    Demographics Overview

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

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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