Multi-Family Residential Income
For Sale
$339,900
931 Cherry Street, Niles, MI 49120
MULTI_FAMILY - Niles, MI
Property SizeContact for details
Lot Size0.27 Acres
Days on Market52
Property Features for 931 Cherry Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 2, Basement, Bathroom 3
Parking
6
Elementary school district
Niles
Middle school district
Niles
High school district
Niles
Directions
Located behind Popeyes Chicken
Standard status
Active
APN
11-73-2730-0036-00-7
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
THE S 144' OF THE W 80' OF OUT LOT 36 GREEN & HOFFMANS OUT LOTS CITY OF NILES
Tax Annual Amount
5577
Legal Description
THE S 144' OF THE W 80' OF OUT LOT 36 GREEN & HOFFMANS OUT LOTS CITY OF NILES
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
2002
Number of units
5
Building materials
Vinyl Siding
Listing Agency:
Bon Realty
(269) 684-4445
Listed By:
Elizabeth Van Leeuwen
(269) 684-4445
Added: Jun 19
Changed: Jul 25
Last Checked: Aug 9 at 12:06PM
MLS# 26030653
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Investment Insights
Based on property information with market context.
This for-sale residential income portfolio consists of three properties totaling six rental units. The mix includes one two-story duplex, one side-by-side duplex, and an additional storage garage. The offering is described as having a long-standing rental history and includes compliance with City of Niles requirements, including registered landlord inspection to meet city ordinance.
All units are currently occupied, and the seller notes that notice is needed for access. The properties are located at 931 Cherry Street in Niles, Michigan, in Berrien County.
As presented, the configuration provides a consolidated ownership structure for a six-unit rental portfolio with both duplex-style housing and on-site storage via the included garage.
All units are currently occupied, and the seller notes that notice is needed for access. The properties are located at 931 Cherry Street in Niles, Michigan, in Berrien County.
As presented, the configuration provides a consolidated ownership structure for a six-unit rental portfolio with both duplex-style housing and on-site storage via the included garage.
Key Highlights
- 3‑property package totaling 6 units for one price
- Long‑standing rental history with units registered with the City of Niles landlord inspection program
- Property includes 1 two‑story duplex and 1 side‑by‑side duplex plus a storage garage
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
210
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Package includes three rental properties totaling six units with a storage garage and city-required landlord inspections.
Where is this duplex located?
The property is located at 931 Cherry Street Niles, MI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 3‑property package totaling 6 units for one price; Long‑standing rental history with units registered with the City of Niles landlord inspection program; Property includes 1 two‑story duplex and 1 side‑by‑side duplex plus a storage garage
