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    New Buffalo, MI
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    New Buffalo, MI Multifamily Properties for Sale

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    Grand Beach, MI Michigan City, IN Union Pier, MI Three Oaks, MI Lakeside, MI La Porte, IN Long Beach, IN Rolling Prairie, IN
    Triplex with Private Entrances
    Updated: Apr 28
    Triplex with Private Entrances

    121 E Michigan Street, New Buffalo, MI 49117

    $590,000
    0.14 AC lot
    Three‑unit property with private entrances and individual electric and water services
    All units leased month‑to‑month with tenant‑paid utilities
    First unit includes 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking
    Third unit has a finished lower level with bedroom, bath, ravine views, and separate entrance
    Second unit includes updated electrical and an unfinished basement with a second full bath
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    New Buffalo Triplex Investment Opportunity
    Updated: Nov 15, 2025
    New Buffalo Triplex Investment Opportunity

    121 East Michigan Street, New Buffalo, MI 49117

    $590,000
    563 sqft
    Income‑producing triplex with tenant‑paid utilities.
    All units currently leased, providing immediate income.
    Opportunity to increase income by adjusting rents to market rates.
    Unit 1 lives like a single‑family home featuring 3 bedrooms, 1.5 baths, a four‑season room, and a private backyard.
    Unit 2 has updated electrical and an unfinished basement with potential.
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in New Buffalo, 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.

    The Townie Cottages Collection
    The Townie Cottages Collection

    Union Pier, MI 49129

    $3,895,000
    2,744 sqft

    Exclusive lake town retreat near Townline Public Beach and Gordon Association Beach.

    View details
    Rebuilt Four-Bedroom Duplex
    Rebuilt Four-Bedroom Duplex

    116 Fogarty Street, Michigan City, IN 46360

    $550,000
    0.07 AC lot

    Reconstructed residential property with furnished living spaces, work areas, and proximity to Lake Michigan beaches.

    View details
    Four-Cottage Short-Term Rental Property
    Four-Cottage Short-Term Rental Property

    10222 Town Line Road, A,B,C,D, Union Pier, MI 49129

    $3,895,000

    Four furnished cottages offer shared amenities, beach access, and flexible accommodations for personal use or guest stays.

    View details
    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    118 N Lake Avenue, Michigan City, IN 46360

    Contact for pricing

    Four residential units offer varied layouts, private outdoor areas, and immediate proximity to Lake Michigan beach access.

    View details

    New Buffalo, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in New Buffalo, MI on our real estate platform. These investment opportunities span a total of 563 square feet of properties for sale, with an estimated market value of $1,180,000.

    Sale prices for multifamily properties in New Buffalo, MI average $590,000 — 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

    Triplexes 3

    Demographics Overview

    Population 3,512
    Population Growth (5Y) -2.6%
    Median Household Income $75,268
    College Educated 69.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49117 $590K

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $65.22 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)

    Property Size Breakdown

    The majority of commercial real estate listings in New Buffalo fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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