Residential Income

Coloma, MI Residential Income Properties for Sale

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Watervliet, MI Benton Harbor, MI Covert, MI
Turnkey Income-Producing Multifamily Property
Updated: Aug 6, 2025
Turnkey Income-Producing Multifamily Property

6128 M 63 N, Coloma, MI 49038

$535,000
0.24 AC lot
Lake waterfront feature and located along the M‑63 corridor near Lake Michigan beaches
1952 construction with block and vinyl siding exterior and a composition roof
7 bedrooms and 3 bathrooms
Utilities include cable available; water from a well and sewer via a septic tank
New septic system planned/installed in April 2026, plus new bladder tank and well pump
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Redevelopment Opportunity Near Paw Paw Lake
Updated: Nov 4, 2025
Redevelopment Opportunity Near Paw Paw Lake

5575 Paw Paw Lake Road, Coloma, MI 49038

$647,000
648 sqft · 0.26 AC lot
Redevelopment opportunity for a well‑known former restaurant near Paw Paw Lake.
Includes a fully furnished 2‑bedroom, 1‑bath cottage with a 2.5‑car garage.
Plans available for two separate 1,000+ sq. ft. units in the main building.
Five parking spaces available.
Enjoy the views of Paw Paw Lake.
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Modern Dual-Home Retreat Near Lake
Modern Dual-Home Retreat Near Lake

5568 Paw Paw Lake Road, Coloma, MI 49038

$847,000
1.32 AC lot

Two rebuilt homes on 1.32 acres, moments from a lake.

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Turnkey Investment Near Lake Michigan
Turnkey Investment Near Lake Michigan

Coloma, MI 49038

$535,000

Proven income property near Lake Michigan beaches and Harbor Country.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Coloma, 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.

Renovated Four-Unit Residential Quadplex
Renovated Four-Unit Residential Quadplex

4737 Territorial Road, Benton Harbor, MI 49022

$350,000
0.26 AC lot

Turn-key four-unit quadplex with dedicated utilities, private studio entrance, and dedicated parking on a corner lot.

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Updated Two-Unit Duplex with Bay Windows
Updated Two-Unit Duplex with Bay Windows

422 N Main Street, Watervliet, MI 49098

$199,900
0.30 AC lot

Spacious 2-unit duplex with new roof, flooring, and paint, offering rental-income upside with generous living space.

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Renovated Four-Unit Quadplex
Renovated Four-Unit Quadplex

Benton Harbor, MI 49022

$350,000

Turn-key four-unit property with separate utilities and private entrance studio on a corner lot with dedicated parking.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

422 North Main Street, Watervliet, MI 49098

$199,900
1,100 sqft

Well-maintained duplex offers two separate units with in-unit laundry and ample parking.

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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 Land Near Lake Michigan
Wooded Land Near Lake Michigan

47458 Michigan 140, Covert, MI 49043

$45,000
4.99 AC lot

4.99+/- acres near Lake Michigan shoreline in Covert, Michigan.

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Residential Land Near Lake Michigan
Residential Land Near Lake Michigan

40609 76TH Street, Covert, MI 49043

$169,900
9.96 AC lot

9.96 acres of residential land near Lake Michigan.

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Residential Lot in Deerwood Estates
Residential Lot in Deerwood Estates

21 Harlan Drive, Watervliet, MI 49098

$43,500
1.16 AC lot

1.1 acre lot in private subdivision, build your dream home.

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Residential Lot in Deerwood Estates
Residential Lot in Deerwood Estates

1 Harlan Drive, Watervliet, MI 49098

$38,900
1.00 AC lot

1 acre lot in private condo development, build your dream home.

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Coloma, MI Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Coloma, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 648 square feet of properties for sale, with an estimated market value of $647,000.

Sale prices for residential income properties in Coloma, MI start at $647,000, averaging $647,000, and reaching up to $647,000 — 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

Multifamily properties 2
Short term rental properties 2
Single family properties 2

Demographics Overview

Population 8,577
Population Growth (5Y) -8.9%
Median Household Income $60,396
College Educated 14.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49038 $641K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Property Tax per SF $66.34 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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