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121 E Michigan

New Buffalo, MI 49117
  • $590,000
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 26018412
UPDATED: 104 min ago
$590,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
www.sellsmi.com/homes/175877165
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121 E Michigan New Buffalo, MI 49117

  • Price: $590,000
  • Status: Active
  • On Site: 112 Days
  • Updated: 104 min ago
  • MLS #: 26018412
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1955
Built
Neighborhood:
New Buffalo (11037)
County:
Berrien
Area:
New Buffalo (11037)
School District:
New Buffalo Area School District
Property Description
Exceptional income-producing opportunity in the heart of New Buffalo! This triplex features three units, each with private entrances and individual electric and water services, allowing for efficient management and tenant-paid utilities. All units are currently leased month-to-month, providing immediate income with the ability to adjust rents or reposition. The first unit lives like a single-family home with three bedrooms, 1.5 baths, a four-season room, private backyard, and side circle parking. Unit two includes one bedroom, one bath, updated electrical, and an unfinished basement with a second full bath and potential for additional living space. The third unit offers ravine views, one bedroom and one bath on the main level, plus a finished lower level with bedroom, bath, and separate entrance. Current rents are below market, presenting a clear value-add opportunity to increase income and improve overall return. Located minutes from beach, and all downtown amenities.
Exterior Features

Exterior Construction Wood Foundation Type Basement Frontage 87 Lot Description Ravine Lot Size 87 x 132 Roads City/CountyPaved Street Waterfront YN No

Interior Features

Basement Type MI Basement Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Municipality New Buffalo Principal Res Exempt YN No Property Type Multi-Family SEV 245500 Taxable Value 115656 Total Tax Amount 5142 Total Tax Year 2024 Unit1 Occupied YN Yes Unit1 Rent Rate 995 Unit2 Occupied YN Yes Unit2 Rent Rate 600 Unit3 Occupied YN Yes Unit3 Rent Rate 800

Listing courtesy of Keller Williams Realty SWM : (269) 469-2911.

Source MLS: MiRealSource
Originating MLS: Southwestern Michigan AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-18T23:50:24.207.
 
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The BRAND Real Estate
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