$140,000
57 S 3rd St, Niles, MI 49120
Kelly Schaffer American Dream Team RE Brokers
$140,000
57 S 3rd St, Niles, MI 49120
Kelly Schaffer American Dream Team RE Brokers
$699,000
2639 S 3rd St, Niles, MI 49120
Cynthia Trapp Cressy & Everett Real Estate
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.
On average, homes in Niles, MI sell after 34 days on the market compared to the national average of 70 days. The median sale price for homes in Niles, MI over the last 12 months is $273,428, up 16% from the median home sale price over the previous 12 months.
In Niles, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $140,000 to $699,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Niles is $400,000, while the average sale price is $374,216, offering insights into the local housing market. On average, multi-family homes spend 34 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Niles, MI.