Residential Income

New Buffalo, MI Residential Income Properties for Sale

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Triplex with Private Entrances
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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1 active listing matches your search: Residential Income for sale in New Buffalo, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

7-Unit Apartment Building
7-Unit Apartment Building

514 Lake Shore Drive, Michigan City, IN 46360

$849,900
3,714 sqft

Seven occupied apartments are housed in a 1919 building near Lake Michigan.

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Ranch Duplex on Acreage
Ranch Duplex on Acreage

1532/1546 W Springville Road, La Porte, IN 46350

$220,000
2,624 sqft

One residence needs a complete renovation, while the other has a finished living area, dining space, and kitchen.

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

1532/1546 W Springville Road, La Porte, IN 46350

$220,000
1.39 AC lot

Each residence includes two bedrooms, one-and-a-half baths, and 1,312 square feet.

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Mixed-Use Property with Equipment
Mixed-Use Property with Equipment

615 In-212, Michigan City, IN 46360

$600,000
2,520 sqft 0.71 AC lot

The offering combines commercial and residential space, with furniture and equipment included in the sale.

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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 Land Opportunity
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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Mixed-Use Land with Two Parcels
Mixed-Use Land with Two Parcels

Hwy 12, Michigan City, IN 46360

$35,000
1.67 AC lot

1.67 acres offered as two parcels, one commercially zoned and one residential, with utilities available and easement access required.

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Vacant Lot in Michigan City
Vacant Lot in Michigan City

S Carroll Avenue, Michigan City, IN 46360

Contact for pricing
0.18 AC lot

Vacant lot near Lake Michigan beaches and major highways.

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Development-Ready Residential Land
Development-Ready Residential Land

La Porte, IN 46350

$1,950,000
55.00 AC lot

55-acre residential development site with preliminary survey, site layout, and density calculations completed for planning.

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New Buffalo, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in New Buffalo, MI on our real estate platform.

Sale prices for residential investment 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Triplexes 2

Demographics Overview

Population 3,512
Population Growth (5Y) -2.6%
Median Household Income $75,268
College Educated 69.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49117 $590K

Taxes & Financing

Tax Rate (average for all types) 2.59%
Property Tax per SF $65.22 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Berrien County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Buffalo fall within the 50,000 to 100,000 square foot range.

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