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New Buffalo Triplex Opportunity
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 Market114

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, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 6, Basement, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1
Parking 6
Basement Partial, Full
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: Aug 7 Last Checked: Aug 19 at 2:06AM
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 triplex in New Buffalo, Michigan, presents an income-producing opportunity. The property features three units, each with private entrances and individual electric and water services. All units are currently leased month-to-month. The first unit includes three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. The second unit features one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. The property is located minutes from the beach and all downtown amenities. The lot size is 0.14 acres.

Key Highlights

  • Triplex with three units, each with private entrances and separate electric and water services
  • All units are currently leased month‑to‑month
  • First unit: 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking

Property Analytics

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

427
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Income-producing triplex in New Buffalo near downtown and beach.
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: Triplex with three units, each with private entrances and separate electric and water services; All units are currently leased month‑to‑month; First unit: 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking
More about this property
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