3

Niles, MI Multifamily Homes & Duplexes for Sale

Section Image
  • /16

    $140,000

    57 S 3rd St, Niles, MI 49120

    Fully Rented Triplex in Niles! Great investment opportunity with three occupied units. Two units have long-term tenants, and the third is well on the way. Solid rental history and steady cash flow. All three units have their own bathroom and living space. Two units have full kitchens; the third has a more limited setup. Within walking distance of downtown Niles, with easy access to shops,

    Kelly Schaffer American Dream Team RE Brokers

    57 S 3rd St, Niles, MI 49120
  • /92

    $699,000

    2639 S 3rd St, Niles, MI 49120

    Tri-plex offers 6 bedrooms, 4 bathrooms, 2 of 3 units currently rented—ideal for investors or house-hack potential. Upgrades New 2024, 4 furnaces, 3 A/C, All appliances, bathrooms, flooring & doors. WHEELCHAIR ACCESSIBLE THROUGHOUT. Block & steel building has been well-maintained for safety and comfort. BUSINESS OR RETAIL purposes allowed. The 600 sq ft drive-through has an overhead door and

    Cynthia Trapp Cressy & Everett Real Estate

    2639 S 3rd St, Niles, MI 49120
  • /28

    $275,000

    221 N 6th St, Niles, MI 49120

    Great investment opportunity located in downtown Niles! Become the Owner of this four unit apartment with solid, long-term, rent-paying tenants. All four units rent at $800/mo. for a $3200/mo. stream of income. Your tenants will love the location to many amenities in Niles. Within a half mile, you'll find the public library, hospital, banks, YMCA, multiple parks, river trail, movie theater,

    Jeff Johnson Bon Realty

    221 N 6th St, Niles, MI 49120

Why Live in Niles

Niles, Michigan, a city of about 12,000 residents, offers a rich tapestry of history and outdoor recreation. Known as "The City of Four Flags," Niles has a storied past with Fort St. Joseph, which changed hands among the French, British, Indigenous tribes, and Spanish. Today, the fort's site hosts summer camps and historical reenactments. The city provides a variety of things to do, including quirky Main Street businesses, year-round festivals, and over a dozen public parks. Riverfront Park, bordering the St. Joseph River, features docks, fishing piers, and an amphitheater for summer concerts. Fernwood Botanical Gardens and Nature Preserve spans over 100 acres with hiking trails and Japanese gardens. Housing in Niles includes early 20th-century investment opportunities, upgraded bungalows, Foursquares, classic cottages, midcentury ranch-style, and split-level homes, with prices generally below the national median. Niles Community Schools offer educational programs, and nearby Lake Michigan College and the University of Notre Dame provide higher education options. Main Street hosts small businesses, casual dining, and the Underground Laugh Lounge. The Fort St. Joseph Museum and Historic Chapin Mansion are notable historical sites. Annual events like the Four Flags Apple Festival and Hunter Ice Festival draw large crowds. Niles is undergoing redevelopment efforts to boost its economy and preserve historic architecture. Residents can access commercial flights from South Bend International Airport, 11 miles away, and medical care at Corewell Health Lakeland Hospitals.

Home Trends in Niles, MI

Housing Trends

Median Sale Price
$273,428
Median Single Family Sale Price
$450,000
Median 2 Bedroom Sale Price
$87,000
Median 1 Bedroom Sale Price
$227,500
Average Price Per Sq Ft
$220
Number of Homes for Sale
6
Last 12 months Home Sales
109
Months of Supply
0.70
Median List Price
$400,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
16%
How to Buy a Home How to Finance a Home How to Sell a Home