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Two-Cottage Multifamily Property
For Sale
$99,900
Pending

66476 Oak St, Dowagiac, MI 49047

Separate-lot cottages include one vacant unit and one currently rented unit.

Property Size1,182 SF
Days on Market285

Property Features for 66476 Oak St

General Information

Standard status Pending
Size 1,182 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1970
Buildings 2
Listing Agency: Five Star Real Estate
Listed By: Reed Hrynewich · License #6501414798
Source: Metrodetroithomeguide
Added: Nov 18, 2025 Changed: Aug 29 Last Checked: Aug 30 at 5:51PM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This multifamily property consists of two cottages situated on separate lots, with additional nearby lots included. Each residence offers one bedroom and one bathroom. One cottage is set on a crawl space, while the other rests on a slab. Both units received moderate updates within the past two years, and the combined property size is 1,182 square feet.

The cottages overlook Big Crooked Lake and connect to Lakeshore Drive. One unit is vacant, while the second is occupied by a tenant. The property was built in 1970 and includes additional lots identified as buildable in the surrounding area.

Key Highlights

  • Two one‑bedroom, one‑bath cottages on separate lots
  • Additional nearby buildable lots included
  • Combined property size of 1,182 square feet

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

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?
Multifamily property - Separate-lot cottages include one vacant unit and one currently rented unit.
Where is this multifamily property located?
The property is located at 66476 Oak St 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 on separate lots; Additional nearby buildable lots included; Combined property size of 1,182 square feet
More about this property
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