New Buffalo, MI Residential income properties for sale

Updated: Apr 28

Triplex with Private Entrances

121 E Michigan Street, New Buffalo, MI 49117

$590,000

0.14 AC lot

Three‑unit property with private entrances and individual electric and water services
All units leased month‑to‑month with tenant‑paid utilities
First unit includes 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking
Third unit has a finished lower level with bedroom, bath, ravine views, and separate entrance
Second unit includes updated electrical and an unfinished basement with a second full bath

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Updated: Dec 2, 2025

New Buffalo Triplex Investment Opportunity

121 East Michigan Street, New Buffalo, MI 49117

$590,000

563 sqft

Income‑producing triplex with tenant‑paid utilities.
All units currently leased, providing immediate income.
Opportunity to increase income by adjusting rents to market rates.
Unit 1 lives like a single‑family home featuring 3 bedrooms, 1.5 baths, a four‑season room, and a private backyard.
Unit 2 has updated electrical and an unfinished basement with potential.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Buffalo, 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.

Updated Apartment Building with Private Decks

13662 Red Arrow Highway, Harbert, MI 49115

$2,750,000

0.35 AC lot

Multi-unit property with private decks and event space currently operating as a short-term rental.

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The Townie Cottages Collection

Union Pier, MI 49129

$3,895,000

2,744 sqft

Exclusive lake town retreat near Townline Public Beach and Gordon Association Beach.

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Four-Cottage Short-Term Rental Property

10222 Town Line Road, A,B,C,D, Union Pier, MI 49129

$3,895,000

Four furnished cottages offer shared amenities, beach access, and flexible accommodations for personal use or guest stays.

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Multi-Unit Lake-Side Short-Term Rental

13662 Red Arrow Highway, Harbert, MI 49115

$2,750,000

Updated multi-unit property currently operating as short-term rentals with event space and private decks for each unit.

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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.

New Buffalo Commercial/Residential Land

New Buffalo, MI 49117

$475,000

0.60 AC lot

Prime land near Lake Michigan with commercial and residential potential.

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Commercial Land with Multi-Street Frontage

446 E Buffalo Street, New Buffalo, MI 49117

$475,000

0.60 AC lot

General Business District parcel with public water, public sewer, and cable availability near the Lake Michigan shoreline.

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New Buffalo Land Opportunity

01 Hoder Road, New Buffalo, MI 49117

$579,000

3.00 AC lot

Three-acre land parcel in New Buffalo, Michigan.

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19-Acre Wooded Parcel in Three Oaks

8400 Kruger Road, Three Oaks, MI 49128

$430,000

19.35 AC lot

19-acre wooded parcel for residential estate in Three Oaks, MI.

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New Buffalo, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in New Buffalo, MI on our real estate platform. These investment opportunities span a total of 563 square feet of properties for sale, with an estimated market value of $1,180,000.

Sale prices for residential income properties in New Buffalo, MI average $590,000 — 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
49117	$590K

Neighborhood

Average Price

49117

$590K

New Buffalo, MI Residential Income Properties for Sale

121 E Michigan Street, New Buffalo, MI 49117

121 East Michigan Street, New Buffalo, MI 49117