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    Dowagiac, MI
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    Dowagiac, MI Multifamily Properties for Sale

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    Cassopolis, MI Eau Claire, MI Decatur, MI Berrien Center, MI Benton Harbor, MI Niles, MI Edwardsburg, MI Vandalia, MI
    6 properties
    Two-Bedroom Residential Rental Homes
    Updated: Jun 5
    Two-Bedroom Residential Rental Homes

    93402 Lee Street, Dowagiac, MI 49047

    $350,000
    0.28 AC lot
    Multifamily listing with 3 separate 2‑bedroom, 1‑bath homes and private deeded access to Big Crooked Lake
    Lake access includes a pier and sandy swimming area; no overnight boat mooring reported
    Home #1: approx. 840 SF with updates including new siding, deck, furnace, central air, flooring, replacement windows, and gas hot water heater
    Home #2: approx. 1060 SF and being updated with similar upgrades as #1; seller can still implement your choices for select finishes
    Home #3: approx. 950 SF with updates completed approx. 10 years ago
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    Spacious Three-Unit Investment Property
    Updated: Jul 22, 2025
    Spacious Three-Unit Investment Property

    423 E Division Street, Dowagiac, MI 49047

    $199,900
    0.38 AC lot
    3‑unit investment property with separate units on the main floor and 2nd floor
    Unit #1: 1‑bedroom on the main floor with approx. 1,235 sq ft living space
    Unit #2: 2‑bedroom on the main floor with separate dining room and approx. 1,409 sq ft
    Unit #3: 1‑bedroom on the 2nd floor with approx. 644 sq ft
    Detached garage provides additional rental income
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    Two Cottages Near Big Crooked Lake
    Two Cottages Near Big Crooked Lake

    66476 Oak Street, Dowagiac, MI 49047

    $99,900
    0.19 AC lot

    Two updated cottages on separate lots near Big Crooked Lake.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Spacious Three-Unit Investment Property
    Spacious Three-Unit Investment Property

    423 E Division St, Dowagiac, MI 49047

    $199,900
    3,288 sqft 0.38 AC lot

    Three units, garage, and large yard investment opportunity.

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    Two Cottage Residential Income Property
    Two Cottage Residential Income Property

    66476 Oak Street, Dowagiac, MI 49047

    $99,900
    8,100 sqft

    Two separate one-bedroom, one-bath cottages each on their own lots, with one currently rented.

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    Remodeled Apartments in Downtown Location
    Remodeled Apartments in Downtown Location

    105 Beeson, Dowagiac, MI 49047

    Contact for pricing

    Newly remodeled apartments in downtown Dowagiac, near restaurants and transportation.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Dowagiac, 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.

    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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    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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    Side-by-Side Ranch Duplex
    Side-by-Side Ranch Duplex

    6834 E Napier Avenue, Benton Harbor, MI 49022

    $315,000
    0.30 AC lot

    Completely updated duplex with separate entrances, driveways, and garages for comfortable single-level living.

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    Updated Side-by-Side Ranch Duplex
    Updated Side-by-Side Ranch Duplex

    Benton Harbor, MI 49022

    $315,000

    Completely updated side-by-side duplex with separate entrances, 1-car garages, and two bedrooms per unit.

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    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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    Dowagiac, MI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Dowagiac, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,388 square feet of properties for sale, with an estimated market value of $299,800.

    Sale 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 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 3
    Triplexes 3
    Duplexes 2
    Apartment buildings 1
    Small apartment buildings 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -1.3%
    Median Household Income $55,469
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49047 $142.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cass County

    New Delisted

    Total CRE Inventory on Market (SF)

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