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    Coloma, MI Residential Income Properties for Sale

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    Watervliet, MI Covert, MI Benton Harbor, MI
    6 results
    Coloma Brick Duplex with Lake Access
    $249,995
    0.24 Acres

    Coloma Brick Duplex with Lake Access

    7039 Curtis Drive, Coloma, MI 49038

    Well-maintained duplex with lake access and income potential.

    • Deeded access to Paw Paw Lake and nearby boat launch.
    • Duplex featuring two units, each with 2 bedrooms, 1 bathroom, laundry, garage access, and private backyard.
    • Immediate income potential with below‑market rents and flexible rental strategies.
    • Located in Coloma, which allows short‑term rentals.
    • Brick construction.
    Updated: Feb 16
    View details
    Redevelopment Opportunity Near Paw Paw Lake
    $647,000
    648 SF

    Redevelopment Opportunity Near Paw Paw Lake

    5575 Paw Paw Lake Road, Coloma, MI 49038

    Historic property with redevelopment potential, cottage, and lake views.

    • 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.
    Updated: Nov 4, 2025
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    Modern Dual-Home Retreat Near Lake
    $847,000
    1.32 Acres

    Modern Dual-Home Retreat Near Lake

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

    5568 Paw Paw Lake Road, Coloma, MI 49038
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    Turnkey Investment Near Lake Michigan
    $535,000
    0.24 Acres

    Turnkey Investment Near Lake Michigan

    Proven income-producing property near Lake Michigan beaches and Harbor Country towns.

    6128 M 63 N, Coloma, MI 49038
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    Versatile Duplex Near Paw Paw Lake
    $268,900
    0.34 Acres

    Versatile Duplex Near Paw Paw Lake

    Duplex near Paw Paw Lake with investment potential.

    7896 Central Avenue, Coloma, MI 49038
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    Turnkey Investment Near Lake Michigan
    $535,000

    Turnkey Investment Near Lake Michigan

    Proven income property near Lake Michigan beaches and Harbor Country.

    Coloma, MI 49038
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

    Mixed-Use Property in Benton Harbor
    $85,000
    1,164 SF

    Mixed-Use Property in Benton Harbor

    Mixed-use property with residential and commercial units for sale.

    107 S Crystal Avenue, Benton Harbor, MI 49022
    View details
    Benton Harbor Investment Opportunity
    $94,999
    0.21 Acres

    Benton Harbor Investment Opportunity

    Three-unit income property in Benton Harbor with new roof.

    561 Heck Court, Benton Harbor, MI 49022
    View details
    36.83 Acre Income Opportunity Estate
    $810,000
    36.83 Acres

    36.83 Acre Income Opportunity Estate

    Estate with rental homes, cherry trees, and wine-producing vineyards.

    1980 Angling Road, Watervliet, MI 49098
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    Two-Unit Home with Rental Income
    $199,000
    0.30 Acres

    Two-Unit Home with Rental Income

    Spacious 2-unit property ideal for homebuyers or investors.

    422 N Main, Watervliet, MI 49098
    View details

    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
    $45,000
    4.99 Acres

    Wooded Land Near Lake Michigan

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

    47458 Michigan 140, Covert, MI 49043
    View details
    Residential Lot in Deerwood Estates
    $43,500
    1.16 Acres

    Residential Lot in Deerwood Estates

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

    21 Harlan Drive, Watervliet, MI 49098
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    Residential Lot in Deerwood Estates
    $38,900
    1.00 Acre

    Residential Lot in Deerwood Estates

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

    1 Harlan Drive, Watervliet, MI 49098
    View details
    60 Acres Hunting/Recreational Land
    $390,000
    60.00 Acres

    60 Acres Hunting/Recreational Land

    60 acres of prime hunting and recreational land in Michigan.

    42439 78th Street, Covert, MI 49043
    View details

    Coloma, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Coloma, MI, showcased through 6 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

    Multifamily properties 6
    Short term rental properties 6
    Duplexes 2
    Single family properties 2
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49038 $513.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Property Tax per SF $66.34 per sq ft
    Average Loan-to-Value 65.0%

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