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    Saint Joe, MI
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    Saint Joe, MI Multifamily Properties for Sale

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    Remodeled 18-Unit Apartment Building
    Updated: Aug 18
    Remodeled 18-Unit Apartment Building

    St Joseph, MI 49085

    $2,495,000
    14,086 sqft 0.81 AC lot
    18‑unit apartment building with 14,086 square feet
    0.81‑acre parcel at 917 Pearl Street in St. Joseph
    Gutted to the studs and fully remodeled with new electric
    Separate electric meters with tenants paying electric
    Washer and dryer provided in each unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    917 Pearl Street, St. Joseph, MI 49085

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $115K
      Annual

    • Price @ 7% Cap

      $1.64M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1910
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    Multifamily Conversion Property
    Updated: Jan 29
    Multifamily Conversion Property

    St Joseph, MI 49085

    $650,000
    0.26 AC lot
    Commercial property on Lake Shore Drive with lake (Lake Michigan) waterfront features
    1 block from beach access on Lake Shore Drive
    Year built 1930; construction materials include block, brick, and wood siding
    Forced air heating and central air cooling
    Roof material: rubber; public sewer and cable available
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    Three-Unit Triplex with 9 Parking Spaces
    Three-Unit Triplex with 9 Parking Spaces

    St Joseph, MI 49085

    $299,900
    0.15 AC lot

    Wood-sided three-unit triplex with one 2-bedroom unit and two 1-bedroom units, served by steam and forced-air heat.

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    Triplex with Private Parking
    Triplex with Private Parking

    St Joseph, MI 49085

    $299,900
    0.15 AC lot

    Two-story layout includes a two-bedroom apartment and two one-bedroom units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Triplex Income Property
    Three-Unit Triplex Income Property

    St Joseph, MI 49085

    $299,900
    0.21 AC lot

    Three-unit triplex in St. Joseph with $30,300 in annual gross income and proximity to Lake Michigan.

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    3-Unit Triplex with Parking
    3-Unit Triplex with Parking

    St Joseph, MI 49085

    $299,900
    0.15 AC lot

    Three-unit property with two one-bedroom apartments and one two-bedroom apartment.

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    Mixed-Use Downtown Building Opportunity
    Mixed-Use Downtown Building Opportunity

    St Joseph, MI 49085

    $595,000

    Mixed-use building with retail on the main level and two 2-bed, 1-bath apartments upstairs.

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    Duplex with Updated Systems
    Duplex with Updated Systems

    St Joseph, MI 49085

    $269,900

    Two-unit property with refreshed interiors, upgraded electrical service, and current leases on file.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Saint Joe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Duplex Residential Income Property
    Two-Duplex Residential Income Property

    518 & 528 Chippewa Road, Benton Harbor, MI 49022

    $344,900
    0.18 AC lot

    Includes two duplexes totaling four one-bedroom, one-bath units on one combined offering.

    View details
    Income Property Near Lake Michigan
    Income Property Near Lake Michigan

    535 Archer, Saint Joseph, MI 49085

    $355,000
    50 sqft

    Two rental units near Lake Michigan and downtown historical district.

    View details
    Downtown Duplex with Wooded Ravine Setting
    Downtown Duplex with Wooded Ravine Setting

    1024 Morrison Ave, Saint Joseph, MI 49085

    $324,900

    Two-unit property with separate electrical panels, updated plumbing, and flexible owner-occupant or rental use.

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    Two-Duplex Income Property
    Two-Duplex Income Property

    Benton Harbor, MI 49022

    $344,900

    Sale includes two duplexes totaling four one-bedroom, one-bath units, with an option to convert one duplex to a single-family home.

    View details

    Off-Market Properties in Saint Joe, MI

    Consider similar Off-Market properties in Saint Joe, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    914 Main St
    Multifamily properties

    914 Main St, St. Joseph, MI 49085

    Value Estimation by Request
    0.21 AC lot
    View details

    Saint Joe, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Saint Joe, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 14,086 square feet of properties for sale, with an estimated market value of $5,209,500.

    Sale prices for multifamily properties in Saint Joe, MI start at $269,900, averaging $651,187, and reaching up to $2,495,000 — 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 4
    Apartment buildings 3
    Duplexes 2
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) -0.6%
    Median Household Income $101,763
    College Educated 67.2%

    Listings Trend

    New vs delisted commercial listings in Berrien County

    New Delisted

    Total CRE Inventory on Market (SF)

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