Dowagiac, MI Residential income properties for sale

Updated: Jun 4

Renovated Retail Kitchen Building

111 Commercial Street, Dowagiac, MI 49047

$269,000

2,527 sqft · 0.04 AC lot

Downtown Dowagiac versatile commercial building with historic brick construction and updated features
Move‑in‑ready main level renovated over the past three years with raised ceilings, new flooring, updated mechanicals, and can lighting
Open layout with office space, workspace, and prep space suited for a commercial kitchen; walk‑in cooler included
Renovated restroom and refreshed facade; basement provides additional storage space
Second‑story apartment with a private entrance for owner occupancy, rental income, or employee housing

View details

Updated: Jul 22, 2025

Spacious Three-Unit Investment Property

423 E Division Street, Dowagiac, MI 49047

$199,900

0.38 AC lot

3‑unit investment property built in 1880 with a detached garage and large yard
Unit #1 (main floor): 1‑bedroom apartment with approx. 1,235 sq ft and a large living room
Unit #B (main floor): 2‑bedroom unit with approx. 1,409 sq ft, separate dining room, and large kitchen
Unit #3 (2nd floor): 1‑bedroom unit with approx. 644 sq ft
Owner‑paid expenses include trash and water

View details

Spacious Three-Unit Investment Property

423 E Division St, Dowagiac, MI 49047

$199,900

3,288 sqft · 0.38 AC lot

Three units, garage, and large yard investment opportunity.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Versatile Commercial/Residential Property on Acres

Dowagiac, MI 49047

$125,000

1.94 AC lot

Mixed-use property with storefront, apartment, and additional building.

View details

Two Cottages Near Big Crooked Lake

66476 Oak Street, Dowagiac, MI 49047

$99,900

0.19 AC lot

Two updated cottages on separate lots near Big Crooked Lake.

View details

Remodeled Apartments in Downtown Location

105 Beeson, Dowagiac, MI 49047

Contact for pricing

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

View details

Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

Mixed-Use Property in Downtown Decatur

107 E Delaware St, Decatur, MI 49045

$650,000

6,680 sqft

Mixed-use property with commercial and residential income in downtown.

View details

Two-Unit Up/Down Duplex

203 E Delaware Street, Decatur, MI 49045

$120,000

0.19 AC lot

Two separately metered units are available for immediate occupancy planning, sold as-is with both units currently vacant.

View details

Well-Maintained Duplex in Eau Claire

6175/6177 Aubill Dr, Eau Claire, MI 49111

$250,000

0.30 AC lot

Updated duplex near Eau Claire Highschool, ideal for investment.

View details

Well-Maintained Duplex in Eau Claire

6175/6177 Aubill Dr, Eau Claire, MI 49111

$250,000

0.30 AC lot

Updated duplex near Eau Claire Highschool, ideal for investment.

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.

Subdivision Lake-Access Residential Lot

5 Forest Road, Dowagiac, MI 49047

$85,000

0.66 AC lot

Build in Wildwood Subdivision with association access to Cable Lake’s no-motor recreation.

View details

Waterfront Subdivision Land Parcel

6 Forest Road, Dowagiac, MI 49047

$340,000

2.56 AC lot

Build-to-suit subdivision land with association access to a no-motor lake for year-round recreation.

View details

Waterfront Residential Building Lot

3 Forest Road, Dowagiac, MI 49047

$75,000

0.50 AC lot

Waterfront subdivision lot with association access to Cable Lake for a quiet no-motor lifestyle.

View details

Residential Lot with Lake Access

2 Forest Road, Dowagiac, MI 49047

$75,000

0.50 AC lot

Build-ready residential lot near Cable Lake with association access to a no-motor lake.

View details

Dowagiac, MI Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Dowagiac, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,815 square feet of properties for sale, with an estimated market value of $468,900.

Sale prices for residential income properties in Dowagiac, MI start at $199,900, averaging $234,450, and reaching up to $269,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49047	$174.5K

Neighborhood

Average Price

49047

$174.5K