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Triplex with Private Entrances
For Sale
$590,000

121 E Michigan Street, New Buffalo, MI 49117

Multi Family, New Buffalo, MI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market162

Property Features for 121 E Michigan Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 7, Bathroom 5, Bathroom 6, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3, Basement, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking 6
Basement Full, Partial
Lot features Ravine, Level
Elementary school district New Buffalo
Middle school district New Buffalo
High school district New Buffalo
Directions East on US 12 turn South on Townsend property on right.
Standard status Active
APN 11-62-6750-0137-00-6
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 1 BLK 11 ROSE ADD TO VILLAGE OF NEW BUFFALO ALSO THAT PT OF LOT 11 BLK 11 SD ADD LYING DIRECTLY BEHIND SD LOT 1 ALSO THE SLY 33'OF VAC MICHIGAN ST FROM TOWNSEND ST EXT WLY 124.5'PER 1213/619
Tax Annual Amount 5142
Legal Description LOT 1 BLK 11 ROSE ADD TO VILLAGE OF NEW BUFFALO ALSO THAT PT OF LOT 11 BLK 11 SD ADD LYING DIRECTLY BEHIND SD LOT 1 ALSO THE SLY 33'OF VAC MICHIGAN ST FROM TOWNSEND ST EXT WLY 124.5'PER 1213/619

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s)

Building Details

Year built 1955
Number of units 3
Building materials Wood Siding
Roof type Composition
Listing Agency: Keller Williams Realty SWM
Listed By: James Garrison · License #6501402520
Added: Apr 28 Changed: Sep 16 Last Checked: Oct 6 at 4:06AM
MLS# 26018412

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit property sits on 0.14 acres and was built in 1955. The first residence includes three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. The second offers one bedroom and one bath, updated electrical, and an unfinished basement with a second full bath. The third includes one bedroom and one bath on the main level, a finished lower level with an additional bedroom and bath, ravine views, and a separate entrance.

All three units are leased on a month-to-month basis, with individual electric and water services and tenant-paid utilities. Building features include wood siding, forced-air heating, window-unit cooling, a composition roof, and public sewer. The property is located at 121 E Michigan Street in New Buffalo, near the beach and downtown amenities.

Key Highlights

  • Three‑unit property with private entrances and individual electric and water services
  • All units leased month‑to‑month with tenant‑paid utilities
  • First unit includes 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

Demographics for 49117, MI

3,710
Population
3,790
Households
1
Avg Household Size
54
Median Age
46%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
195
Density / Sq Mi
$75,268
Median Household Income
$48,056
Median Earnings
$749
Median Rent
$448,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence has its own entrance, electric service, and water service.
Where is this triplex located?
The property is located at 121 E Michigan Street New Buffalo, MI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Three‑unit property with private entrances and individual electric and water services; All units leased month‑to‑month with tenant‑paid utilities; First unit includes 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking
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