Duplex with Lower-Level
New
For Sale
$159,900
61194 Indian Lake Rd, Niles, MI 49120
Two existing units support rental operations or an owner-occupied house-hacking arrangement.
Property SizeContact for details
Lot Size0.30 Acres
Days on Market1
Property Features for 61194 Indian Lake Rd
General Information
Standard status
Active
Lot size
0.30 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1930
Listing Agency:
Lighthouse Realty-Ludington
Listed By:
Cornerstone Real Estate
(734) 316-5886
Source:
Cornerstonemi
Added: Sep 8
Last Checked: Sep 8 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lighthouse Realty-Ludington
Investment Insights
Based on property information with market context.
Built in 1930, this duplex sits on a 0.3-acre lot and contains two existing residential units. Each unit includes 2 bedrooms and 1 bathroom, along with a practical layout that includes living space. The property also has additional lower-level area that could be finished or evaluated for conversion to a third unit, subject to local zoning and required approvals.
The property is located on Indian Lake Rd between Niles and Dowagiac, with access to M-51 and proximity to downtown Niles, downtown Dowagiac, and local lakes. Its configuration accommodates traditional rental use as well as an owner-occupied setup with a separate unit, while the lower level provides additional space for future planning.
The property is located on Indian Lake Rd between Niles and Dowagiac, with access to M-51 and proximity to downtown Niles, downtown Dowagiac, and local lakes. Its configuration accommodates traditional rental use as well as an owner-occupied setup with a separate unit, while the lower level provides additional space for future planning.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- Additional lower‑level area may support finishing or third‑unit conversion, subject to zoning and approvals
- Situated on a 0.3‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two existing units support rental operations or an owner-occupied house-hacking arrangement.
Where is this duplex located?
The property is located at 61194 Indian Lake Rd Niles, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Additional lower‑level area may support finishing or third‑unit conversion, subject to zoning and approvals; Situated on a 0.3‑acre lot
