New Buffalo, MI Multifamily properties for sale

Updated: Apr 28

New Buffalo Triplex Opportunity

121 E Michigan Street, New Buffalo, MI 49117

$590,000

0.14 AC lot

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.

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Updated: May 9

New Buffalo Triplex Investment Opportunity

121 E Michigan St, New Buffalo, MI 49117

$590,000

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.

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

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Live-Work Multi-Unit Property

7321 Harbert Road, Harbert, MI 49115

$868,500

0.72 AC lot

Two recently updated buildings offer a commercial studio and a furnished multi-unit residence with convenient on-site parking.

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Union Pier Cottages Collection

10222 Town Line Road, Union Pier, MI 49129

$3,995,000

0.46 AC lot

Exclusive lake town retreat steps from Townline and Gordon beaches.

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The Townie Cottages Collection

Union Pier, MI 49129

$3,995,000

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

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Multi-Unit Lake-Side Short-Term Rental

13662 Red Arrow Highway, Harbert, MI 49115

$2,850,000

Updated multi-unit property currently operating as short-term rentals with event space and private decks for each 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

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

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

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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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 0 square feet of properties for sale, with an estimated market value of $1,180,000.

Sale prices for multifamily properties in New Buffalo, MI start at $590,000, averaging $590,000, 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.

Neighborhood	Average Price
49117	$476.3K

Neighborhood

Average Price

49117

$476.3K