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Lake-View Short-Term Rental Property
For Sale
$99,900
Pending

66476 Oak Street, Dowagiac, MI 49047

Multi Family, Dowagiac, MI

Property SizeContact for details
Lot Size0.19 Acres
Days on Market861

Property Features for 66476 Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking 4
Basement Crawl Space
Elementary school district Dowagiac
Middle school district Dowagiac
High school district Dowagiac
Directions M-152 To Timmons Rd To Wolf, Right To Oak, Left To Sign On R
Subdivision Southwestern Michigan - S
Standard status Pending
APN 801217013100
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Lengthy on file
Tax Annual Amount 2528
Legal Description Lengthy on file

Utilities

Utilities Natural Gas Available
Sewer type Septic Tank
Heating system Space Heater, Forced Air
Water source Well

Building Details

Year built 1970
Number of units 2
Building materials Concrete, Vinyl Siding
Roof type Composition
Listing Agency: Five Star Real Estate
Listed By: Reed Hrynewich · License #6501414798
Added: May 29, 2024 Changed: Sep 16 Last Checked: Oct 6 at 8:06AM
MLS# 24026725

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 short-term rental property includes two cottages, each configured with one bedroom and one bathroom. One residence is built over a crawl space and the other rests on a slab. Both were moderately updated within the past two years, and the improvements include concrete and vinyl siding construction, composition roofing, forced-air or space-heater systems, natural gas availability, well water, and a septic tank. One cottage is currently rented, while the second is vacant.

The property encompasses 0.19 acres and offers views of Big Crooked Lake with frontage along Lakeshore Drive. Multiple additional buildable lots nearby are included. The improvements date to 1970 and are located in Dowagiac, Michigan.

Key Highlights

  • Two one‑bedroom, one‑bath cottages included
  • Big Crooked Lake views and Lakeshore Drive frontage
  • 0.19‑acre property with multiple nearby buildable lots included

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop HVAC Service Grocery & Convenience Store Garden Center Big Box & Wholesale Store Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 49047, MI

14,541
Population
8,205
Households
1.8
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
119.3 sq mi
ZIP Area
122
Density / Sq Mi
$55,469
Median Household Income
$38,033
Median Earnings
$750
Median Rent
$182,000
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?
Short term rental property - Updated cottages provide separate residential accommodations with one unit occupied and the other ready for use.
Where is this short term rental property located?
The property is located at 66476 Oak Street Dowagiac, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath cottages included; Big Crooked Lake views and Lakeshore Drive frontage; 0.19‑acre property with multiple nearby buildable lots included
More about this property
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