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    Coloma, MI
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    Coloma, MI Multifamily Properties for Sale

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    Watervliet, MI Benton Harbor, MI Covert, MI Hartford, MI Sturgis, MI South Haven, MI St Joseph, MI Eau Claire, MI
    Seven-Cabin Rental Compound
    Updated: Jul 17
    Seven-Cabin Rental Compound

    5358 Paw Paw Lake Road, Coloma, MI 49038

    $1,125,000
    3,460 sqft 1.00 AC lot
    Seven‑cabin property on approximately 1 acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, across the street from Paw Paw Lake
    Cabin mix includes three 2‑bedroom, 1‑bath cabins and three 1‑bedroom, 1‑bath cabins currently used as rentals, plus a seventh cabin converting to an office and on‑site laundry
    Generates approximately $150,000 in annual gross rental income via short‑term rentals in summer and longer‑term rentals in the off‑season
    Year built: 1935
    Central air cooling; space heater heating; natural gas available
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    Turnkey Income-Producing Multifamily Property
    Updated: Aug 6, 2025
    Turnkey Income-Producing Multifamily Property

    6128 M 63 N, Coloma, MI 49038

    $535,000
    0.24 AC lot
    Lake waterfront feature and located along the M‑63 corridor near Lake Michigan beaches
    1952 construction with block and vinyl siding exterior and a composition roof
    7 bedrooms and 3 bathrooms
    Utilities include cable available; water from a well and sewer via a septic tank
    New septic system planned/installed in April 2026, plus new bladder tank and well pump
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    Residential Cabin Income Property
    Residential Cabin Income Property

    5358 Paw Paw Lake Road Unit SourceFi, Coloma, MI 49038

    $1,125,000
    3,460 sqft

    Seven rental cabins across two parcels, with six operating as rentals and a seventh being converted to office and laundry.

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    Turnkey Investment Near Lake Michigan
    Turnkey Investment Near Lake Michigan

    Coloma, MI 49038

    $535,000

    Proven income property near Lake Michigan beaches and Harbor Country.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Coloma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Four-Unit Residential Quadplex
    Renovated Four-Unit Residential Quadplex

    4737 Territorial Road, Benton Harbor, MI 49022

    $350,000
    0.26 AC lot

    Turn-key four-unit quadplex with dedicated utilities, private studio entrance, and dedicated parking on a corner lot.

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    Updated Two-Unit Duplex with Bay Windows
    Updated Two-Unit Duplex with Bay Windows

    422 N Main Street, Watervliet, MI 49098

    $199,900
    0.30 AC lot

    Spacious 2-unit duplex with new roof, flooring, and paint, offering rental-income upside with generous living space.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    422 North Main Street, Watervliet, MI 49098

    $199,900
    1,100 sqft

    Well-maintained duplex offers two separate units with in-unit laundry and ample parking.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    Benton Harbor, MI 49022

    $350,000

    Turn-key four-unit property with separate utilities and private entrance studio on a corner lot with dedicated parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Coloma, MI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Coloma, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,070,000.

    Sale prices for multifamily properties in Coloma, MI start at $535,000, averaging $535,000, and reaching up to $535,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 4

    Demographics Overview

    Population 8,577
    Population Growth (5Y) -8.9%
    Median Household Income $60,396
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Coloma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49038 $535K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Property Tax per SF $66.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Berrien County

    New Delisted

    Total CRE Inventory on Market (SF)

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