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    New Buffalo, MI Multifamily Properties for Sale

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    Grand Beach, MI Union Pier, MI Michigan City, IN
    New Buffalo Triplex Opportunity
    $590,000
    0.14 Acres
    New Buffalo Triplex Opportunity

    121 E Michigan Street, New Buffalo, MI 49117

    Income-producing triplex in New Buffalo near downtown and beach.
    • Immediate income‑producing triplex in the heart of New Buffalo.
    • Tenant‑paid utilities (individual electric and water services) for efficient management.
    • All units currently leased month‑to‑month, allowing flexibility to adjust rents or reposition.
    • Clear value‑add opportunity to increase income due to below‑market rents.
    • Unit 1 lives like a single‑family home with 3 bedrooms, 1.5 baths, a four‑season room, and a private backyard.
    Updated: Apr 28
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    New Buffalo Multi-Unit Investment
    $249,000
    0.23 Acres
    New Buffalo Multi-Unit Investment

    5 N Eagle Street, New Buffalo, MI 49117

    Multi-unit property near downtown New Buffalo's beach and amenities.
    • Multi‑unit building (3 units) offering investment potential.
    • Prime location: lakeside of Red Arrow, near downtown New Buffalo's beach, shops, restaurants, and harbors.
    • Short‑term rental potential in commercially zoned area.
    • Versatile property: suitable for short‑term rental, work‑live space, or long‑term rental.
    • Includes a 2‑story, 2br/1ba unit, a studio unit, and a 1br/1ba unit.
    Updated: Mar 23
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    New Buffalo Triplex Investment Opportunity
    $590,000
    New Buffalo Triplex Investment Opportunity

    Income-producing triplex in New Buffalo near downtown and the beach.

    121 E Michigan St, New Buffalo, MI 49117

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    New Buffalo Commercial/Residential Land
    $375,000
    0.60 Acres
    New Buffalo Commercial/Residential Land

    Versatile property in New Buffalo, MI, near Lake Michigan.

    446 E Buffalo Street, New Buffalo, MI 49117

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    Multi-Unit Building Near Beach
    $249,000
    0.23 Acres
    Multi-Unit Building Near Beach

    Three-unit building near beach, shops, and restaurants.

    5 N Eagle St, New Buffalo, MI 49117

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in New Buffalo, 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.

    Union Pier Cottages Collection
    $3,995,000
    0.46 Acres
    Union Pier Cottages Collection

    Exclusive lake town retreat steps from Townline and Gordon beaches.

    10222 Town Line Road, Union Pier, MI 49129

    View details
    The Townie Cottages Collection
    $3,995,000
    The Townie Cottages Collection

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

    Union Pier, MI 49129

    View details
    Three Oaks Multifamily Investment Opportunity
    Contact for pricing
    Three Oaks Multifamily Investment Opportunity

    Multifamily property in Three Oaks, Michigan, near regional employment centers.

    305 W Locust St, Three Oaks, MI 49128

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    Charming Duplex in Three Oaks
    $305,000
    0.22 Acres
    Charming Duplex in Three Oaks

    Affordable duplex with rental income potential in Three Oaks.

    210 W Locust #A & B, Three Oaks, MI 49128

    View details

    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
    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

    View details
    University Park Developable Land
    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

    View details
    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

    View details

    New Buffalo, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in New Buffalo, MI, showcased through 5 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 $2,053,000.

    Sale prices for multifamily properties in New Buffalo, MI start at $249,000, averaging $410,600, and reaching up to $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

    Triplexes 4
    Short term rental properties 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49117 $410.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.59%
    Property Tax per SF $65.22 per sq ft
    Average Loan-to-Value 65.0%

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