$360,000
SOLD NOV 6, 2025

47 S 3rd St Niles, MI 49120

-- Bed
-- Bath
-- Sq Ft
7,888 Sq Ft Lot

Recently Sold

6% Below List Price

25 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • 2-minute walk to Orchard Park
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2025

This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.

Last Agent to Sell the Property

Catherine Waggoner

CK Home Group License #6502432278 Listed on: 09/05/2025

Last Buyer's Agent

Ryan Katowich

Realty Executives Instant Equity License #6502433066

Realty Executives Instant Equity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1918

Lot Details

  • 7,888 Sq Ft Lot
  • Lot Dimensions are 66x118

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$699

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1918
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 115.79
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x118
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Driveway:Gravel: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 385000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, See Remarks
  • Utilities: Phone Available, Cable Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Dimensions: 66x118
  • Lot Size Sq Ft: 7888.0

Rental Info

  • Owner Pays: Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 699.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2025
Closed on
Nov 5, 2025
Sold by
Nichols Trey
Bought by
Deshommes Anderson and Deshommes Guerline
Seller's Agent
Catherine Waggoner
CK Home Group
Buyer's Agent
Ryan Katowich
Realty Executives Instant Equity
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.09%
Original Mortgage
$266,250
Outstanding Balance
$266,250
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$67,949

Purchase Details

Closed on
Mar 5, 2024
Sold by
Duncan Andrew
Bought by
Nichols Trey

Purchase Details

Closed on
Feb 14, 2024
Sold by
Duncan Andrew
Bought by
Nichols Trey

Purchase Details

Closed on
Jun 13, 2023
Sold by
Duncan Andrew
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Oct 27, 2020
Sold by
Haight Melba V
Bought by
Berrien County Treasurer

Purchase Details

Closed on
Oct 19, 2020
Sold by
Berrien County Treasurer
Bought by
Duncan Andrew

Purchase Details

Closed on
Oct 14, 2020
Sold by
Berrien County Treasurer
Bought by
Duncan Andrew

Purchase Details

Closed on
Jun 3, 1992
Sold by
Department Of Natural Resources For The
Bought by
Haight Melba

Purchase Details

Closed on
Sep 27, 1983

Purchase Details

Closed on
Oct 1, 1976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Oak Title Services
Warranty Deed $10,000 Near North Title Group
Warranty Deed $10,000 Near North Title Group
Foreclosure Deed -- --
Foreclosure Deed -- Berrien County Treasurer
Quit Claim Deed $8,000 None Listed On Document
Quit Claim Deed $8,000 None Available
Deed -- None Available
Deed -- --
Deed $16,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Sold $360,000 -6.5% --
09/05/2025 09/05/25 For Sale $385,000 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $699 $19,200 $0 $0
2024 $356 $17,200 $0 $0
2023 $341 $12,000 $0 $0
2022 $325 $11,100 $0 $0
2021 $604 $10,500 $1,900 $8,600
2020 $1,122 $24,400 $0 $0
2019 $946 $16,600 $1,900 $14,700
2018 $912 $16,600 $0 $0
2017 $902 $17,500 $0 $0
2016 $886 $15,700 $0 $0
2015 $1,367 $26,700 $0 $0
2014 $717 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Waggoner

    Seller's Agent in 2025

    Catherine Waggoner

    CK Home Group

    (269) 845-0316

    58 in this area

    138 Total Sales

    Catherine Waggoner
    Section Image
  • Ryan Katowich

    Buyer's Agent in 2025

    Ryan Katowich

    Realty Executives Instant Equity

    (269) 208-7888

    1 in this area

    42 Total Sales

    Ryan Katowich
    Section Image
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Map

Source: MichRIC

MLS Number: 25045667

MichRIC

APN: 11-73-2700-0042-00-5

Michigan Berrien County Niles 49120

47 S 3rd St, Niles, MI

Sold

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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