Multifamily

St Joseph, MI Multifamily Properties for Sale

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Saint Joseph, MI Benton Harbor, MI Stevensville, MI Sodus, MI Berrien Springs, MI Baroda, MI Bridgman, MI Coloma, MI
Triplex With Off-Street Parking
Updated: Jul 30
Triplex With Off-Street Parking

St Joseph, MI 49085

$259,000
0.15 AC lot
Three‑unit configuration with one 2‑bedroom apartment and two 1‑bedroom apartments
Nine private off‑street parking spaces on a 0.15‑acre site
Built in 1920 with wood siding and a composition roof
Three bathrooms and a basement
Located a few blocks from downtown St. Joseph, Lions Park, and Silver Beach
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18-Unit Remodeled Apartment Building
Updated: Jul 8
18-Unit Remodeled Apartment Building

St Joseph, MI 49085

$2,495,000
14,086 sqft
18‑unit apartment building totaling 14,086 square feet
Gutted to studs and totally remodeled
New electric with separate meters; tenants pay electric
Washer and dryer provided in each unit
18 total parking spaces: 14 apartment spaces and 4 rented from a church
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Three-Unit Triplex with Parking
Three-Unit Triplex with Parking

St Joseph, MI 49085

$259,000
0.15 AC lot

Multifamily property with a mix of one- and two-bedroom units.

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See hot listings in St Joseph

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Three-Unit Multifamily Property
Three-Unit Multifamily Property

St Joseph, MI 49085

$299,900

Income-producing residential asset near Lake Michigan in St. Joseph.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in St Joseph, 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.

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.

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Spacious Condo Near Downtown Beaches
Spacious Condo Near Downtown Beaches

2535 Holiday House, Saint Joseph, MI 49085

$355,000
2,134 sqft

Condominium with open floor plan, close to downtown and beaches.

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Four-Unit Duplex Portfolio
Four-Unit Duplex Portfolio

518528 518 & 528 Chippewa Rd, Benton Harbor, MI 49022

$344,900

Two duplex buildings provide flexible rental or owner-occupancy options near downtown, schools, shopping, restaurants, and Lake Michigan.

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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.

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St Joseph, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in St Joseph, MI, showcased through 4 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 $3,312,900.

Sale prices for multifamily properties in St Joseph, MI start at $259,000, averaging $828,225, 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 3
Apartment buildings 2
Duplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Saint Joseph - 49085 $1M

Taxes & Financing

Tax Rate (average for all types) 4.18%
Property Tax per SF $70.95 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)

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