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Victorian Duplex with Separate Entries
For Sale
$254,900

23 N 5th Street, Niles, MI 49120

MULTI_FAMILY - Niles, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market51

Property Features for 23 N 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 1, Basement, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 1
Parking 4
Basement Full
Lot features Sidewalk
Elementary school district Niles
Middle school district Niles
High school district Niles
Directions FROM DOWNTOWN TAKE MAIN TO S. ON 5TH TO THE CORNER OF CEDAR & 5TH
Standard status Active
APN 11-72-3080-0009-02-9
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description THE N 52'OF LOTS 9 & 10 SUBDIVISION OF LOT 61 IN WM JUSTICE'S ADD TO NILES BY GEO W HOFFMAN
Tax Annual Amount 3391
Legal Description THE N 52'OF LOTS 9 & 10 SUBDIVISION OF LOT 61 IN WM JUSTICE'S ADD TO NILES BY GEO W HOFFMAN

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Home Zone Realty
Listed By: Kenneth Daniel Jr
Added: Jul 2 Changed: Aug 12 Last Checked: Aug 21 at 9:06AM
MLS# 26033488

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.

Built in 1900, this Victorian duplex contains two separate residences, each with its own entrance, forced-air furnace, central air, water heater, kitchen, dining room, living room, three bedrooms, and two bathrooms. The lower unit has received new carpet and paint. A chimney replacement was completed in 2024, while central air and water heaters were updated in 2025. The property has wood siding, a composition roof, public sewer, cable availability, and both off-street and on-street parking on a 0.16-acre lot.

The home is within walking distance of a hospital and clinics, a park and River Walk, library, grocery stores, banks, shops, restaurants, exercise facilities, a movie theater, and a comedy club/speakeasy. Notre Dame is approximately 20 minutes away. The separate entrances and duplicated unit layouts support flexible occupancy arrangements for the two residences.

Key Highlights

  • Two‑unit property on a 0.16‑acre lot, built in 1900
  • Each unit includes 3 bedrooms, 2 bathrooms, kitchen, dining room, and living room
  • Separate entry, furnace, central air, and water heater for each residence

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby

Demographics for 49120, MI

37,076
Population
15,581
Households
2.4
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
116.5 sq mi
ZIP Area
318
Density / Sq Mi
$61,940
Median Household Income
$38,779
Median Earnings
$911
Median Rent
$166,800
Median Home Value

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?
Duplex - Two residences provide matching three-bedroom, two-bath layouts with individual mechanical systems and recent updates.
Where is this duplex located?
The property is located at 23 N 5th Street Niles, MI.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Two‑unit property on a 0.16‑acre lot, built in 1900; Each unit includes 3 bedrooms, 2 bathrooms, kitchen, dining room, and living room; Separate entry, furnace, central air, and water heater for each residence
More about this property
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