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Multifamily Property with Cabins
For Sale
$300,000
Pending

2394 Yankee Street, Niles, MI 49120

Multi Family, Niles, MI

Property SizeContact for details
Lot Size1.45 Acres
Days on Market168

Property Features for 2394 Yankee Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Full bathrooms 5
Rooms Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 10, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 1
Parking 5
Elementary school district Niles
Middle school district Niles
High school district Niles
Standard status Pending
APN 14-020-031-003-00
Lot size 1.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 500A SEC 31 T7S R16W THAT PART NE 1/4 DES AS BEG AT PT ON N SEC LINE 82.6 FT W OF NE COR SD SEC 31, TH W ALONG SEC LINE 120 FT, S 528 FT, E PARALLEL TO N SEC LINE 120 FT, TH N 528 FT TO BEG. 1.45 A.
Tax Annual Amount 4339
Legal Description 500A SEC 31 T7S R16W THAT PART NE 1/4 DES AS BEG AT PT ON N SEC LINE 82.6 FT W OF NE COR SD SEC 31, TH W ALONG SEC LINE 120 FT, S 528 FT, E PARALLEL TO N SEC LINE 120 FT, TH N 528 FT TO BEG. 1.45 A.

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Water source Well

Building Details

Year built 1970
Number of units 5
Building materials Vinyl Siding
Listing Agency: R1 Property Group
Listed By: John Tiffany · License #6506049402
Added: Apr 22 Changed: Sep 23 Last Checked: Oct 6 at 11:06AM
MLS# 26017058

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 multifamily property includes a house positioned toward the front of the site, two manufactured duplex buildings, and 11 cabins. The house is leased, and six additional units are currently leased. The improvements date to 1970 and include vinyl siding and forced-air heating.

Located at 2394 Yankee Street in Niles, Michigan, the property spans 1.45 acres and carries C-1 mixed-use zoning. Water is supplied by a well, with septic service on site, and cable availability is reported. The existing mix of residential structures provides a varied configuration within a single multifamily property.

Key Highlights

  • 1.45‑acre multifamily property in Niles, MI
  • C‑1 mixed‑use zoning
  • Front house, two manufactured duplexes, and 11 cabins

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon Auto Parts Store Furniture & Home Goods Big Box & Wholesale Store Nail Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

28
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - C-1 mixed-use property with a leased house, manufactured duplexes, cabins, well water, and septic service.
Where is this multifamily property located?
The property is located at 2394 Yankee Street Niles, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1.45‑acre multifamily property in Niles, MI; C‑1 mixed‑use zoning; Front house, two manufactured duplexes, and 11 cabins
More about this property
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