Niles, MI Residential Income Properties for Sale

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Updated: May 21

Brick Mixed-Use Building with Loft

105 E Main Street, Niles, MI 49120

$695,000

7,920 sqft 0.05 AC lot

Approximately 7,920 square feet of mixed‑use space
1,980‑square‑foot top‑floor loft with 3 bedrooms and 2 bathrooms
Two second‑floor studio units with shared laundry area
Main‑level retail area with open layout and display windows
Basement provides additional storage or workspace

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Updated: Aug 3

Duplex Property with Outbuildings

2004 E Main Street, Niles, MI 49120

$330,000

4.07 AC lot

4.07‑acre property at 2004 E Main Street, Niles, MI 49120
Single‑family home and mobile home are leased to long‑term tenants
Oversized detached garage, two carports, trailer/RV carport, and two storage sheds
Additional pad for another mobile home
1990 construction with forced‑air heating and central air

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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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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Mixed-Use Building with Loft

105 E Main St, Niles, MI 49120

$695,000

7,920 sqft

Retail space, studio rentals, and a residential loft are arranged across multiple levels.

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Six-Unit Multifamily Portfolio

931 Cherry Street, Niles, MI 49120

$339,900

0.27 AC lot

Occupied rental units span three properties with two duplex configurations and a separate storage garage.

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Brick Triplex with Basement

920 Cedar Street, Niles, MI 49120

$290,000

0.17 AC lot

Brick construction, forced-air heating, and a basement support the property’s existing multifamily configuration.

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Victorian Duplex With Separate Entries

23 N 5th Street, Niles, MI 49120

$254,900

0.16 AC lot

Two residential units offer independent access, heating, cooling, and water-heating systems for flexible occupancy arrangements.

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Multifamily Property with Three-Street Frontage

920 Cedar Street, Niles, MI 49120

$290,000

2,230 sqft

Established multifamily property in Niles with frontage along three streets.

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Multifamily Property with Cabins

2394 Yankee Street, Niles, MI 49120

$300,000

1.45 AC lot

C-1 mixed-use property with a leased house, manufactured duplexes, cabins, well water, and septic service.

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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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Mixed-Use Property with Development Potential

2394 Yankee Street, Niles, MI 49120

$300,000

500 sqft 1.50 AC lot

Nearly 1.5-acre mixed-use property with existing rentals and development potential.

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Multi-Unit Residential Income Portfolio

931 Cherry St, Niles, MI 49120

$339,900

Three-property package offering six occupied units with documented rental history under city landlord inspection requirements.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 12 Active listings in Niles, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

Duplex with New Roof

420 Fisher St, Berrien Springs, MI 49103

$285,000

1,771 sqft

Fully occupied duplex with water heaters installed in 2023 and a roof replacement completed in 2022.

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Duplex with Central Air

420 Fisher Street, Berrien Springs, MI 49103

$285,000

0.19 AC lot

Fully occupied property with recent roof and water-heater improvements.

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Commercial Land with Road Frontage

51909 N SR 933 Highway, South Bend, IN 46637

$199,999

4.66 AC lot

Commercial land offering multiple parcels and substantial road frontage along SR 933 for future development or business use.

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High-Visibility Commercial Land Available

21189 Cleveland Rd, South Bend, IN 46628

Contact for pricing

Land with high traffic, near shopping, dining, and toll road.

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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.

Land Near Pleasant Lake

Tract 4 Dailey Rd, Edwardsburg, MI 49112

$85,000

1.12 AC lot

One acre parcel for building near Pleasant Lake.

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Granger Land For Sale

15065 Cleveland Rd, Granger, IN 46530

Contact for pricing

6.31 AC lot

6.31 acres of land available in Granger, Indiana.

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Residential Land Near Amazon, GM

51250 Primrose Rd, South Bend, IN 46628

Contact for pricing

15.60 AC lot

15.6 acres of wooded residential land near industrial plants.

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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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Off-Market Properties in Niles, MI

Consider similar Off-Market properties in Niles, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

1475 River Rd, Niles, MI 49120

Estimated value: by Request

3.22 AC lot

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Land

0 River Rd, Niles, MI 49120

Estimated value: by Request

14.32 AC lot

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Land

3190 Orange Rd, Niles, MI 49120

Estimated value: by Request

2.32 AC lot

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Niles, MI Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Niles, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 18,570 square feet of properties for sale, with an estimated market value of $4,134,500.

Sale prices for residential income properties in Niles, MI start at $149,900, averaging $344,541, and reaching up to $695,000 — 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

Demographics Overview

Population 37K

Population Growth (5Y) +0.4%

Median Household Income $61,940

College Educated 14.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49120	$313.6K

Taxes & Financing

Tax Rate (average for all types) 3.49%

Property Tax per SF $64.97 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 Niles fall within the 25,000 to 50,000 square foot range.

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