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    Niles, MI
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    Niles, MI Multifamily Properties for Sale

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    Niles Duplex: Investment Opportunity
    Updated: Apr 2
    Niles Duplex: Investment Opportunity

    527 Howard St., Niles, MI 49120

    $149,000
    0.22 AC lot
    Newly installed roof reduces immediate maintenance concerns.
    Duplex offers income‑generating potential.
    Vacant units provide immediate flexibility.
    Located in an accessible area of Niles with steady rental demand.
    Functional layouts in each unit offer separate living spaces.
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    Multi-Family Residential Income Portfolio
    Updated: Jun 19
    Multi-Family Residential Income Portfolio

    931 Cherry Street, Niles, MI 49120

    $339,900
    0.27 AC lot
    3‑property package totaling 6 units for one price
    Long‑standing rental history with units registered with the City of Niles landlord inspection program
    Property includes 1 two‑story duplex and 1 side‑by‑side duplex plus a storage garage
    Year built: 2002
    Forced‑air heating and vinyl siding
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    Downtown Mixed-Use Retail Building
    Downtown Mixed-Use Retail Building

    105 E Main Street, Niles, MI 49120

    $695,000
    7,920 sqft 0.05 AC lot

    Multi-level building on E Main Street with main-floor retail, basement space, studio rentals, and a top-floor loft.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Property with Development Potential
    Mixed-Use Property with Development Potential

    Niles, MI 49120

    $329,900
    1.50 AC lot

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

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    C-1 Multifamily Housing Development Site
    C-1 Multifamily Housing Development Site

    2394 Yankee Street, Niles, MI 49120

    $329,900
    1.45 AC lot

    Zoned C-1 mixed use with existing leased units, duplexes, and cabins on a nearly 1.5-acre parcel.

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    Duplex with Separate Furnaces
    Duplex with Separate Furnaces

    23 N 5th Street, Niles, MI 49120

    $284,900
    0.16 AC lot

    Two-unit duplex with individual furnaces, laundry hookups, and recent central air and water heater updates.

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    Spansail Court Apartments
    Spansail Court Apartments

    2209 Spansail Dr, Niles, MI 49120

    Contact for pricing
    39,225 sqft 2.61 AC lot

    48-unit multifamily community in Niles, Michigan.

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    Multi-Unit Residential Income Portfolio
    Multi-Unit Residential Income Portfolio

    931 Cherry St, Niles, MI 49120

    $339,900

    Three-property package offering six occupied units with documented rental history under city landlord inspection requirements.

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    Duplex With Two Separate Units
    Duplex With Two Separate Units

    23 N 5th St, Niles, MI 49120

    $294,900

    Two spacious units with updated mechanicals and laundry hookups offer a straightforward residential income setup.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Niles, 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.

    Quadplex For Sale As-Is
    Quadplex For Sale As-Is

    550 Lincolnway, Mishawaka, IN 46544

    $215,900
    3,116 sqft 0.17 AC lot

    Renovations have started on this quadplex, but the owner is selling the property as-is.

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    Furnished Student Housing Townhomes
    Furnished Student Housing Townhomes

    18088 Legacy Village Court, South Bend, IN 46637

    $19,750,000
    44,800 sqft

    Brick townhomes designed for student living, with furnished interiors, abundant parking, and on-site recreation.

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    Mixed-Use Property in Downtown Mishawaka
    Mixed-Use Property in Downtown Mishawaka

    608 N Main Street, Mishawaka, IN 46545

    $1,350,000

    Investment opportunity near Mishawaka Riverwalk with retail and apartments.

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    High-Visibility Commercial Land Available
    High-Visibility Commercial Land Available

    21189 Cleveland Rd, South Bend, IN 46628

    $1,064,000

    Land with high traffic, near shopping, dining, and toll road.

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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
    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
    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
    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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    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

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    Niles, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Niles, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 7,920 square feet of properties for sale, with an estimated market value of $695,000.

    Sale prices for multifamily properties in Niles, MI start at $695,000, averaging $695,000, and reaching up to $695,000 — 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

    Duplexes 5
    Apartment buildings 2
    Triplexes 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) +0.4%
    Median Household Income $61,940
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49120 $413.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $64.97 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 Niles fall within the 25,000 to 50,000 square foot range.

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