Dowagiac, MI Multifamily properties for sale

$199,900

0.38 Acres

Spacious Three-Unit Investment Property

423 E Division Street, Dowagiac, MI 49047

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

3‑unit investment property built in 1880 with a detached garage and large yard
Unit #1 (main floor): 1‑bedroom apartment with approx. 1,235 sq ft and a large living room
Unit #B (main floor): 2‑bedroom unit with approx. 1,409 sq ft, separate dining room, and large kitchen
Unit #3 (2nd floor): 1‑bedroom unit with approx. 644 sq ft
Owner‑paid expenses include trash and water

Updated: Jul 22, 2025

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$129,000

0.19 Acres

Dowagiac Triplex For Sale

116 Oak St, Dowagiac, MI 49047

Three-unit residential income property, all currently rented.

3‑unit property
All units currently rented
Downstairs apartment is large
Priced to sell
Built in 1920

Updated: Mar 26

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$99,900

0.19 Acres

Two Cottages Near Big Crooked Lake

Two updated cottages on separate lots near Big Crooked Lake.

66476 Oak Street, Dowagiac, MI 49047

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

Niles Multifamily Development Opportunity

$329,900

1.45 Acres

Niles Multifamily Development Opportunity

Multifamily property with development potential in Niles, Michigan.

2394 Yankee Street, Niles, MI 49120

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Decatur Multi-Family Investment Opportunity

$149,900

0.10 Acres

Decatur Multi-Family Investment Opportunity

Two-unit home with new flooring and paint in Decatur, MI.

105 N George Street, Decatur, MI 49045

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Mixed-Use Property with Development Potential

$359,000

1.50 Acres

Mixed-Use Property with Development Potential

Nearly 1.5-acre mixed-use property with existing rentals and development potential.

Niles, MI 49120

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$149,900

Clean Two-Unit Home

Two-unit home with new flooring and paint throughout.

105 N George St, Decatur, MI 49045

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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.

Contact for pricing

0.57 Acres

Wooded Homesite in Wheatfield, Indiana

Spacious, wooded 0.57-acre lot in established neighborhood.

4418 Oakland Court, Wheatfield, IN 46392

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Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

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Contact for pricing

0.12 Acres

Land For Sale, Lakemoor, IL

Commercial land available in Lakemoor, Illinois.

27 Oyster Bay, Lakemoor, IL 60051

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Contact for pricing

0.67 Acres

Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877

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Dowagiac, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Dowagiac, MI, showcased through 3 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 $428,800.

Sale prices for multifamily properties in Dowagiac, MI start at $99,900, averaging $142,933, 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.

Neighborhood	Average Price
49047	$142.9K

Neighborhood

Average Price

49047

$142.9K

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