Niles MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,830
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1950
Baths:
MLS#:
70438965

ADDITIONAL INFORMATION

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, restaurants, breweries, grocery stores, antique stores and more. All three Niles public school levels (elementary, middle and high school) are within one mile. Not only can you offer your tenants a great place to live, but also a community to thrive. Schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1930
Baths:
MLS#:
70428809

ADDITIONAL INFORMATION

Seize a prime investment opportunity with this well-maintained 2-unit multi-family property located in the vibrant city of Niles. This income-generating asset features two fully-occupied units, offering immediate rental income for savvy investors.

Type:
Multi-Family
Sq.Ft.:
2,080
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
2004
Baths:
MLS#:
70418110

ADDITIONAL INFORMATION

Call listing agent for inspection Report. Don't miss the duplex with each side having 3 bedrooms and 2 baths. The property has 2 addresses with 2006 being the east side and 2002 being the west side. 2006 has a stackable washer and dryer, range, refrigerator. 2002 has a range and refrigerator. property has a well and the owner pays that bill. A water softener is shared with both sides but located in 2002. A 32 by 24 pole barn is used by 2006 but could be shared if desired by the new owner. The rents are low as one tenant is family. 24 hour notice to show

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. 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. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 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. Copyright 2024 MiRealSource. All rights reserved. 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.



Niles Real Estate

The median home value in Niles, MI is $165,000. This is lower than the county median home value of $226,000. The national median home value is $338,100. The average price of homes sold in Niles, MI is $165,000. Approximately 52.35% of Niles homes are owned, compared to 37.5% rented, while 10.15% are vacant. Niles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Niles real estate agent to arrange a tour today!

Niles, Michigan has a population of 11,929. Niles is more family-centric than the surrounding county with 24.7% of the households containing married families with children. The county average for households married with children is 24.06%.

The median household income in Niles, Michigan is $41,306. The median household income for the surrounding county is $55,893 compared to the national median of $69,021. The median age of people living in Niles is 38.3 years.

Niles Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 39.9 inches per year, with 63.9 inches of snow per year.

Niles Real Estate Market Conditions

  • Median sales price

    $165,000
    19.5% change since last quarter
  • # Active listings

    252
    30-day change

Niles Schools and Demographics

Education near Niles, MI

Metric City County
High School Graduates 89.11 90.77
College Degree - 2 year 5.11 9.95
College Degree - 4 year 17.07 28.99
Graduate Degree 5.11 8.51
Expenditures per Student 13,052 13,052
Students per Teacher 18.3 18.3

Elementary Schools near Niles, MI

School Grades Students P/T Ratio ZIP
Ballard Elementary School KG - 05 658 19.6 49120
Brandywine Elementary School 03 - 06 412 18.3 49120
Eagle Lake Elementary School 02 - 03 390 20.7 49112
Eastside Connections School KG - 08 331 19.2 49120
Edwardsburg Primary School KG - 01 381 23.3 49112
Howard Community School KG - 05 494 19.6 49120
James Ellis School KG - 01 183 19.9 49120
Mars Elementary School PK - 02 378 16.6 49103
Merritt Elementary School PK - 02 315 16.1 49120
Moccasin Elementary School PK - 02 355 16.9 49107
Northside Child Development Center PK - KG 114 9.1 49120
Ottawa Elementary School 03 - 04 229 20.2 49107
Sylvester Elementary School 03 - 05 394 15.2 49103

Middle Schools near Niles, MI

School Grades Students P/T Ratio ZIP
Berrien Springs Early Middle College 09 - 12 0 49103
Berrien Springs Middle School 06 - 08 428 17.8 49103
Brandywine Middle School 07 - 08 190 18.6 49120
Buchanan Middle School 05 - 07 362 18.3 49107
Edwardsburg Intermediate School 04 - 05 443 22.7 49112
Edwardsburg Middle School 06 - 08 683 22.9 49112
Niles New Tech Entrepreneurial Academy 09 - 12 225 19.9 49120
Oak Manor Sixth Grade Center 06 - 06 224 18.1 49120
Ring Lardner Middle School 07 - 08 488 19.4 49120

High Schools near Niles, MI

School Grades Students P/T Ratio ZIP
Berrien Springs High School 09 - 12 511 19.5 49103
Brandywine Senior High School 09 - 12 390 21.6 49120
Buchanan High School 08 - 12 568 18.9 49107
Edwardsburg High School 09 - 12 874 25.7 49112
Niles Senior High School 09 - 12 914 17.6 49120

Ungraded Schools near Niles, MI

School Grades Students P/T Ratio ZIP
* Bell Education Center 09 - 12 41 27.3 49120
* Cedar Lane School 09 - 12 81 16 49120
* Niles Comm. Schools Adult Education 09 - 12 22 17.6 49120
Berrien County Truancy Academy 06 - 12 9 9 49103
Berrien Springs Discovery Academy 06 - 12 100 75.2 49103
Berrien Springs Virtual Academy 01 - 12 28 7.5 49103
Blossomland Learning Center KG - 12 166 7.2 49103
Buchanan Step Up KG - 12 0 49107
Buchanan Virtual Academy 06 - 12 40 49107
Southside Special Education School 04 - 12 54 7.1 49120
W-A-Y Niles 06 - 12 165 84.5 49120

Demographics near Niles, MI

Metric City County
Neighborhood Type Suburban
Population 11,929 154,263
Population Density 2,059 272
Median Age 38.3 42.3
People per Household 2.3 2.4
Median Household Income 41,306 55,893
Average Income per Capita 23,689 33,434