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    Three Rivers, MI Residential Income Properties for Sale

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    Marcellus, MI Vicksburg, MI Schoolcraft, MI
    Downtown Mixed-Use Building
    $324,900
    4,439 SF
    Downtown Mixed-Use Building

    13 N Main Street, Three Rivers, MI 49093

    Mixed-use building with street-level restaurant/retail space and two apartments, plus basement storage and included equipment.
    • Downtown Three Rivers mixed‑use building on N. Main Street with first‑floor restaurant/retail plus two 1‑bedroom apartments on the second floor.
    • Street‑level space features hardwood floors, high ceilings, and a prominent glass storefront; restaurant equipment included in the sale.
    • Full basement provides additional storage for the building.
    • Brick construction with forced‑air heating; built in 1900.
    • Convenient free city parking available on‑street and in the surface lot directly behind the building.
    Updated: Sep 4, 2025
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    Historic Downtown Mixed-Use Opportunity
    $125,000
    7,998 SF
    Historic Downtown Mixed-Use Opportunity

    42 N Main Street, Three Rivers, MI 49093

    Blank slate for residential units and storefront in Three Rivers.
    • Opportunity to develop up to 6 residential units with a main level storefront.
    • Prime location in historic downtown Three Rivers.
    • High demand for residential rentals in downtown Three Rivers (currently 100% occupied).
    • Unique investment opportunity to become a pillar of downtown businesses.
    • Large space with full basement/walk‑out.
    Updated: Jun 13, 2025
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    Riverfront Quadplex in Three Rivers
    $315,000
    0.29 Acres
    Riverfront Quadplex in Three Rivers

    Well-maintained quadplex with river frontage and 100% occupancy.

    416 River Street, Three Rivers, MI 49093

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    Riverfront Quadplex in Three Rivers
    $315,000
    0.48 Acres
    Riverfront Quadplex in Three Rivers

    Well-maintained quadplex with river frontage and 100% occupancy.

    500 River Street, Three Rivers, MI 49093

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    Versatile Mixed-Use Property in Three Rivers
    $177,777
    5,348 SF
    Versatile Mixed-Use Property in Three Rivers

    Adaptable mixed-use property in a thriving business district.

    118 N Main Street, Three Rivers, MI 49093

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Three Rivers, 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.

    Charming Commercial Building with Apartment
    $249,900
    2,414 SF
    Charming Commercial Building with Apartment

    Well-known restaurant with living space and rental potential.

    130 E Water Street, Constantine, MI 49042

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    Renovated Lakefront Duplex Home
    $339,000
    1.10 Acres
    Renovated Lakefront Duplex Home

    Fully renovated ranch with two separate living quarters, three full baths, and substantial private waterfront on all-sports Bair Lake.

    12039 Bair Lake Street, Jones, MI 49061

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    Residential Duplexes in Constantine, MI
    $540,000
    Residential Duplexes in Constantine, MI

    Two well-maintained duplexes generating $4100 monthly gross revenue.

    488 Florence Rd, Constantine, MI 49042

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    Park Model RV Campground Lot
    $129,500
    Park Model RV Campground Lot

    Campground lot on Bair Lake in Jones, Michigan.

    Jones, MI 49061

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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.

    Private Island Opportunity
    $140,000
    14.30 Acres
    Private Island Opportunity

    14.3 acre vacant land with river frontage and island.

    21081 First Street, Three Rivers, MI 49093

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    Lake Templene Buildable Homesite
    $249,900
    0.78 Acres
    Lake Templene Buildable Homesite

    Premium 0.78-acre parcel near Lake Templene with private boat launch.

    V/L Butternut Drive, Sturgis, MI 49091

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    Lakefront Residential Building Lot
    $199,000
    0.56 Acres
    Lakefront Residential Building Lot

    Build a lake home on a sandy-lakefront lot with wide views and walkout-friendly hillside terrain.

    25455 Island View Lane, Sturgis, MI 49091

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    Residential Land in Schoolcraft, MI
    $60,000
    0.68 Acres
    Residential Land in Schoolcraft, MI

    Residential land perfect for building a new home in Schoolcraft.

    Parcel 2 S 11th Street, Schoolcraft, MI 49087

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    Three Rivers, MI Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Three Rivers, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,785 square feet of properties for sale, with an estimated market value of $627,677.

    Sale prices for residential income properties in Three Rivers, MI start at $125,000, averaging $209,225, and reaching up to $324,900 — 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 8
    Quadplexes 4
    Apartment buildings 3

    Demographics Overview

    Population 18K
    Population Growth (5Y) +0.3%
    Median Household Income $63,040
    College Educated 28.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49093 $251.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.17%
    Property Tax per SF $72.60 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Joseph County

    New Delisted

    Total CRE Inventory on Market (SF)

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