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    Dowagiac, MI Multifamily Properties for Sale

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    Three-Unit Mixed-Use Building
    Updated: Sep 1
    Three-Unit Mixed-Use Building

    124 S Front Street, Dowagiac, MI 49047

    $275,000
    5,280 sqft 0.05 AC lot
    Three‑unit configuration with 1 commercial space and 2 apartments
    5,280 square feet on a 0.05‑acre site at 124 S Front Street
    Vacant 1‑bed/1‑bath apartment and occupied 2‑bed/1‑bath apartment
    Commercial tenant lease runs through March '28 and transfers to the new owner
    Separate utilities for water, sewer, electric, and gas expenses
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    Three-Home Multifamily Property
    Updated: Jun 5
    Three-Home Multifamily Property

    93402 Lee Street, Dowagiac, MI 49047

    $339,000
    0.28 AC lot
    Three homes, each with 2 bedrooms and 1 bathroom
    Approximate home sizes of 840 sq ft, 1,060 sq ft, and 950 sq ft
    Private deeded access to Big Crooked Lake with a pier and sandy swimming area
    Home #1 includes new siding, deck, furnace, central air, flooring, windows, water heater, and paint
    Home #2 is being updated with seller flexibility on countertops, siding, and select finishes
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    Spacious Three-Unit Investment Property
    Spacious Three-Unit Investment Property

    423 E Division Street, Dowagiac, MI 49047

    $199,900
    0.38 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    124 S Front Street, Dowagiac, MI 49047

    $275,000
    5,280 sqft

    Main-level commercial space is paired with two upstairs apartments and separate utility responsibility for each tenant.

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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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    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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    Three-Home Multifamily Property
    Three-Home Multifamily Property

    93402 Lee Street, Dowagiac, MI 49047

    $339,000
    950 sqft

    Three residences offer rental flexibility with private deeded access to Big Crooked Lake.

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    Two-Cottage Multifamily Property
    Two-Cottage Multifamily Property

    Dowagiac, MI 49047

    $99,900
    1,182 sqft

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

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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 13 Potential Opportunities for your consideration. Besides 9 Active listings in Dowagiac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Mixed-Use Building
    Historic Mixed-Use Building

    105 N Broadway Street, Cassopolis, MI 49031

    $424,900
    9,064 sqft 0.15 AC lot

    Combines commercial space, apartments, and an open event or studio area.

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

    6834 East Napier Avenue, Benton Harbor, MI 49022

    $315,000
    3,708 sqft

    Two separate entrances and garages support privacy for occupants.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    105 N Broadway Street, Cassopolis, MI 49031

    Contact for pricing
    9,064 sqft

    Historic building with combined commercial/office space, residential apartments, and a large open event or studio area.

    View details
    Updated Side-by-Side Duplex
    Updated Side-by-Side Duplex

    6834 E Napier Avenue, Benton Harbor, MI 49022

    $315,000
    0.30 AC lot

    Two ranch-style units offer separate entrances, driveways, and private garage space.

    View details

    Dowagiac, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Dowagiac, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 15,980 square feet of properties for sale, with an estimated market value of $1,827,600.

    Sale prices for multifamily properties in Dowagiac, MI start at $99,900, averaging $228,450, and reaching up to $339,000 — 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 3
    Triplexes 2
    Apartment buildings 1
    Duplexes 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 $188.4K

    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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