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Dowagiac, MI Multifamily Properties for Sale

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Spacious Three-Unit Investment Property
$199,900
0.38 Acres

Spacious Three-Unit Investment Property

423 E Division St, Dowagiac, MI 49047

Three-unit property with garage and large yard in Dowagiac, MI.

  • Three separate units offer immediate rental income potential.
  • Detached garage provides additional rental income.
  • Spacious units, including a LARGE 2‑bedroom unit with separate dining room.
  • Large yard.
  • Main floor units offer convenient access.
Updated: Dec 29, 2025
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Two Cottages Near Big Crooked Lake
Pending
$99,900
0.19 Acres

Two Cottages Near Big Crooked Lake

66476 Oak St, Dowagiac, MI 49047

Two updated cottages on separate lots near Big Crooked Lake.

  • Two cottages on separate lots with lake views.
  • Potential for short‑term rental income.
  • Includes multiple buildable lots nearby.
  • Both units are 1 bed, 1 bath.
  • Moderately updated within the past two years.
Updated: Mar 10, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Dowagiac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Renovated Duplex Near Andrews University
Pending
$394,500
0.47 Acres

Renovated Duplex Near Andrews University

Move-in ready duplex near Andrews University, suitable for various living arrangements.

8687 Lilac Ln, Berrien Springs, MI 49103
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Historical Brick Multifamily Building
$495,000
0.40 Acres

Historical Brick Multifamily Building

Meticulously maintained four-unit rental property with income growth potential.

308 S Mechanic St, Berrien Springs, MI 49103
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Multifamily Zoned Property in Coloma
$239,500
1,254 SF

Multifamily Zoned Property in Coloma

Three-bedroom home with multifamily zoning and development potential.

6754 Paw Paw Ave, Coloma, MI 49038
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Multifamily Zoned Property For Sale
$239,500
1,254 SF

Multifamily Zoned Property For Sale

Manufactured home with multifamily zoning and development potential.

6754 Paw Paw Ave, Coloma, MI 49038
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Dowagiac, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Dowagiac, MI on our real estate platform. These investment opportunities span a total of 24,829 square feet of properties for sale, with an estimated market value of $299,800.

Prices for multifamily properties in Dowagiac, MI start at $99,900, averaging $149,900, and reaching up to $199,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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