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    New Buffalo Triplex Opportunity
    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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    New Buffalo Triplex Investment Opportunity
    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.
    View details
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in New Buffalo, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Three-Unit Triplex Income Property
    Three-Unit Triplex Income Property

    St Joseph, MI 49085

    $299,900
    0.21 AC lot

    Three-unit triplex in St. Joseph with $30,300 in annual gross income and proximity to Lake Michigan.

    View details
    Triplex with Private Parking
    Triplex with Private Parking

    St Joseph, MI 49085

    $299,900
    0.15 AC lot

    Two-story layout includes a two-bedroom apartment and two one-bedroom units.

    View details
    Fully Renovated Triplex
    Fully Renovated Triplex

    602 N Frances Street, South Bend, IN 46617

    $699,900
    2,722 sqft 0.08 AC lot

    Renovated triplex with three updated units, including a second-story 3-bedroom layout, plus central air and a full basement.

    View details
    Triplex with Three Two-Bedroom Units
    Triplex with Three Two-Bedroom Units

    330 N Sunnyside Street, South Bend, IN 46617

    $695,000
    0.08 AC lot

    Triplex built in 2008 featuring three two-bedroom units and off-street parking.

    View details

    New Buffalo, MI Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in New Buffalo, MI on our real estate platform.

    Sale prices for three-family homes 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

    Triplexes 3

    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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