New Buffalo, MI Residential income properties for sale

Updated: Apr 28

New Buffalo Triplex Opportunity

121 E Michigan Street, New Buffalo, MI 49117

$590,000

0.14 AC lot

Triplex with three units, each with private entrances and separate electric and water services
All units are currently leased month‑to‑month
First unit: 3 bedrooms, 1.5 baths, four‑season room, private backyard, and side circle parking
Second unit: 1 bedroom, 1 bath, updated electrical, and an unfinished basement with a second full bath
Third unit: 1 bedroom, 1 bath on the main level with finished lower level plus an additional bedroom, bath, and separate entrance

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Updated: May 9

New Buffalo Triplex Investment Opportunity

121 E Michigan St, New Buffalo, MI 49117

$590,000

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.

MU2 Mixed-Use Live-Work Property

2 E Ash Street E, Three Oaks, MI 49128

$549,000

3,755 sqft 0.30 AC lot

Brick bungalow with a photography studio, remodeled kitchen, basement workspace, and adaptable commercial layout.

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Four-Cottage Residential Income Property

10222 Town Line Road, Union Pier, MI 49129

$3,995,000

0.46 AC lot

Four cottages totaling 7 bedrooms, 5.5 baths, and accommodations for up to 22 guests.

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Mixed-Use Brick Live-Work Property

2 E Ash St E, Three Oaks, MI 49128

$549,000

Brick bungalow with flexible live-work and studio layout, plus MU2 zoning for income or short-term rental use.

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The Townie Cottages Collection

Union Pier, MI 49129

$3,995,000

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

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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

446 East Buffalo Street, New Buffalo, MI 49117

$475,000

26,136 sqft 0.60 AC lot

Prime land near Lake Michigan with commercial and residential potential.

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General Business Zoned Development Lot

446 E Buffalo Street, New Buffalo, MI 49117

$475,000

0.60 AC lot

Multi-frontage lot in New Buffalo with General Business zoning for flexible commercial and residential development.

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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.

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