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    Dowagiac, MI
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    Dowagiac, MI Residential Income Properties for Sale

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    Cassopolis, MI Eau Claire, MI Decatur, MI Berrien Center, MI Niles, MI Edwardsburg, MI Benton Harbor, MI Watervliet, MI
    11 properties
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    Three-Unit Mixed-Use Building
    Updated: Sep 1
    Three-Unit Mixed-Use Building

    124 S Front Street, Dowagiac, MI 49047

    $275,000
    5,280 sqft 0.05 AC lot
    Three‑unit configuration with 1 commercial space and 2 apartments
    5,280 square feet on a 0.05‑acre site at 124 S Front Street
    Vacant 1‑bed/1‑bath apartment and occupied 2‑bed/1‑bath apartment
    Commercial tenant lease runs through March '28 and transfers to the new owner
    Separate utilities for water, sewer, electric, and gas expenses
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    3-Home Triplex with Lake Access
    Updated: Jun 5
    3-Home Triplex with Lake Access

    93402 Lee Street, Dowagiac, MI 49047

    $339,000
    0.28 AC lot
    Three separate 2‑bedroom, 1‑bathroom homes
    Private deeded access to Big Crooked Lake with nearby pier and sandy swimming area
    Home 1 is approximately 840 sq ft with extensive updates
    Home 2 is approximately 1060 sq ft and currently being updated
    Home 3 is approximately 950 sq ft and was updated approximately 10 years ago
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    Duplex with Large Garage
    Duplex with Large Garage

    122 Oak Street, Dowagiac, MI 49047

    $149,900
    0.12 AC lot

    Two-unit residential property with basement space, vinyl siding, and forced-air heating.

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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 Mixed-Use Property
    Three-Unit Mixed-Use Property

    124 S Front St, Dowagiac, MI 49047

    $275,000
    5,280 sqft

    A downtown building combines an occupied street-level business with two apartments on the upper floor.

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    Triplex With Detached Garage
    Triplex With Detached Garage

    423 E Division Street, Dowagiac, MI 49047

    $199,900
    0.38 AC lot

    Three separate apartments include two one-bedroom units and one two-bedroom residence.

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    Lake-View Short-Term Rental Property
    Lake-View Short-Term Rental Property

    66476 Oak Street, Dowagiac, MI 49047

    $99,900
    0.19 AC lot

    Updated cottages provide separate residential accommodations with one unit occupied and the other ready for use.

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    Three-Home Multifamily Property
    Three-Home Multifamily Property

    93402 Lee Street, Dowagiac, MI 49047

    $339,000
    950 sqft

    Three residences offer rental flexibility with private deeded access to Big Crooked Lake.

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    Spacious Three-Unit Investment Property
    Spacious Three-Unit Investment Property

    423 East Division Street, Dowagiac, MI 49047

    $199,900
    644 sqft

    Three units, garage, and large yard investment opportunity.

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    Two-Unit Property with Garage
    Two-Unit Property with Garage

    122 Oak St, Dowagiac, MI 49047

    $149,900

    Duplex offering includes a substantial garage and a two-unit residential layout.

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    Two-Cottage Multifamily Property
    Two-Cottage Multifamily Property

    Dowagiac, MI 49047

    $99,900
    1,182 sqft

    Separate-lot cottages include one vacant unit and one currently rented unit.

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    Remodeled Apartments in Downtown Location
    Remodeled Apartments in Downtown Location

    105 Beeson, Dowagiac, MI 49047

    Contact for pricing

    Newly remodeled apartments in downtown Dowagiac, near restaurants and transportation.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 11 Active listings in Dowagiac, 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.

    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    61194 Indian Lake Road, Niles, MI 49120

    $149,900
    0.31 AC lot

    Two-bedroom residences with lower-level space and well-and-septic service.

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    Duplex with Lower-Level Space
    Duplex with Lower-Level Space

    61194 Indian Lake Rd, Niles, MI 49120

    $149,900
    0.30 AC lot

    Two existing units support rental operations or an owner-occupied house-hacking arrangement.

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    Updated Side-by-Side Ranch Duplex
    Updated Side-by-Side Ranch Duplex

    6834 East Napier Avenue, Benton Harbor, MI 49022

    $315,000
    3,708 sqft

    Two separate entrances and garages support privacy for occupants.

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    Updated Side-by-Side Duplex
    Updated Side-by-Side Duplex

    6834 E Napier Avenue, Benton Harbor, MI 49022

    $315,000
    0.30 AC lot

    Two ranch-style units offer separate entrances, driveways, and private garage space.

    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.

    40 Acres Rolling Timberland Paradise
    40 Acres Rolling Timberland Paradise

    VL Gards Prairie Road, Cassopolis, MI 49031

    $360,000
    40.00 AC lot

    Secluded 40-acre parcel perfect for recreation or building your dream home.

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    Commercial Land Near Lakes
    Commercial Land Near Lakes

    870 Labar Drive, Cassopolis, MI 49031

    $1,381,680
    36.40 AC lot

    Opportunity Zone land with broadband and cable availability supports future commercial planning.

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    Hartford Land with New Home
    Hartford Land with New Home

    66301 County Road 681, Hartford, MI 49057

    $135,000
    1.90 AC lot

    1.9-acre property with newly constructed home near I-94.

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    Residential Lot in Deerwood Estates
    Residential Lot in Deerwood Estates

    21 Harlan Drive, Watervliet, MI 49098

    $35,900
    1.16 AC lot

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

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    Dowagiac, MI Residential Income Properties Market Trends and Statistics

    Explore 11 residential income properties for sale in Dowagiac, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 13,336 square feet of properties for sale, with an estimated market value of $2,127,400.

    Sale prices for residential income properties in Dowagiac, MI start at $99,900, averaging $212,740, and reaching up to $339,000 — 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 12
    Short term rental properties 4
    Triplexes 3
    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -1.3%
    Median Household Income $55,469
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49047 $193.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cass County

    New Delisted

    Total CRE Inventory on Market (SF)

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