$115,000
SOLD OCT 1, 2025

57 S 3rd St Niles, MI 49120

-- Bed
-- Bath
-- Sq Ft
3,877 Sq Ft Lot

Recently Sold

18% Below List Price

75 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • 2-minute walk to Orchard Park

About This Home

As of October 2025

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, restaurants, and local amenities.

Last Agent to Sell the Property

Kelly Schaffer

Michigan Top Producers License #6501427471 Listed on: 07/03/2025

Michigan Top Producers

Last Buyer's Agent

Kelly Schaffer

Cressy & Everett Real Estate License #6501427471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1922

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 33x118

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available

Community Details

  • 3 Units
  • H B & G W Hoffman & C K Green Add To Niles Subdivision

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,819

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1922
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x118
  • 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
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Location Property Info:Subdivision2: H B & G W Hoffman & C K Green Add To Niles
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 136000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 33x118
  • Lot Size Sq Ft: 3877.0

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2819.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Oct 1, 2025
Sold by
Slaski Lila
Bought by
Peony Properties Llc
Seller's Agent
Kelly Schaffer
Michigan Top Producers
Buyer's Agent
Kelly Schaffer
Michigan Top Producers
List Price
$140,000
Sold Price
$115,000
Premium/Discount to List
-$25,000
-17.86%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
468.89%

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 19, 2023
Sold by
Ur Home Llc
Bought by
Slaski Lila
Seller's Agent
Catherine Waggoner
CK Home Group
Buyer's Agent
Kelly Schaffer
Michigan Top Producers
List Price
$98,000
Sold Price
$90,000
Premium/Discount to List
-$8,000
-8.16%
Views
150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 18, 2023
Sold by
Ur Home Llc
Bought by
Slaski Lila
Seller's Agent
Catherine Waggoner
CK Home Group
Buyer's Agent
Kelly Schaffer
Michigan Top Producers
List Price
$98,000
Sold Price
$90,000
Premium/Discount to List
-$8,000
-8.16%
Views
150

Purchase Details

Closed on
Aug 19, 2020
Sold by
Young Theresa H
Bought by
Urhome Llc

Purchase Details

Closed on
Aug 13, 2020
Sold by
Young Theresa H
Bought by
Urhome Llc

Purchase Details

Closed on
Jun 16, 2010
Sold by
Brettmen Theresa H
Bought by
Young Theresa H

Purchase Details

Closed on
Oct 27, 1995

Purchase Details

Closed on
Aug 1, 1988

Purchase Details

Closed on
Jul 21, 1982

Purchase Details

Closed on
Mar 27, 1981
Source: Public Records

Range of Values:

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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 $115,000 None Listed On Document
Warranty Deed $90,000 Near North Title Group
Warranty Deed $90,000 Near North Title Group
Warranty Deed $30,000 First American Title
Warranty Deed $30,000 First American Title
Interfamily Deed Transfer -- None Available
Deed $35,000 --
Deed $12,000 --
Deed -- --
Deed $17,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Sold $115,000 -15.4% --
09/16/2025 09/16/25 Pending -- -- --
08/15/2025 08/15/25 Price Changed $136,000 -2.9% --
07/03/2025 07/03/25 For Sale $140,000 +55.6% --
12/18/2023 12/18/23 Sold $90,000 -8.2% -- View Prior Sale
11/04/2023 11/04/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $98,000 -- --
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 $2,819 $52,800 $0 $0
2024 $1,459 $49,000 $0 $0
2023 $910 $32,800 $0 $0
2022 $867 $30,100 $0 $0
2021 $1,616 $28,000 $2,100 $25,900
2020 $1,060 $21,600 $0 $0
2019 $1,045 $25,800 $5,600 $20,200
2018 $1,009 $25,800 $0 $0
2017 $998 $22,900 $0 $0
2016 $982 $22,100 $0 $0
2015 $979 $20,000 $0 $0
2014 $489 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25032333

MichRIC

APN: 11-73-2700-0040-01-1