121 E Michigan Street New Buffalo, MI $ 590,000
121 E Michigan Street
$ 590,000
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121 E Michigan Street

New Buffalo, MI, 49117
$ 590,000
Baths0.0

Monthly Estimate*

$ 3,633

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Studio

Multi-Family Home for sale in New Buffalo, MI

for $590,000. This home was built in 1955 on a lot size of 0.14.

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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Multi-Family Active

Price

$ 590,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,142

Style

Lot Size

0.14

Year Built

1955

Town/City

New Buffalo

County/Region

Berrien

MLS | Web ID

70528101

Features
General
Heating Forced Air
Status Active Active
Year Built 1955
County Berrien
Class MULTIFAMILY
Type Multi-Family
Municipality New Buffalo
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area New Buffalo (11037)
Primary City New Buffalo
Directions East on US 12 turn South on Townsend property on right.
City New Buffalo
School District New Buffalo Area School District
Financial Terms Cash Conventional
Legal Description LOT 1 BLK 11 ROSE ADD TO VILLAGE OF NEW BUFFALO ALSO THAT PT OF LOT 11 BLK 11 SD ADD LYING DIRECTLY BEHIND SD LOT 1 ALSO THE SLY 33'OF VAC MICHIGAN ST FROM TOWNSEND ST EXT WLY 124.5'PER 1213/619
DOM 2
Postal Code 49117
Public Remarks 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
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Interior
Basement MI Basement
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Wood
Frontage 87
Lot Size Area 0.14
Lot Dimensions 87 x 132
Lot Description Ravine
Roads City/County Paved Street
Waterfront Y/N No
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* Excluded Features
List By
James Garrison

Listing Agent

Keller Williams Realty Swm

Broker

james@garrisongroupre.com

Email

Affordability Calculator

$4,061
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,633
Monthly Property Taxes
$429
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3309125 Elementary School
3309193 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$590,000 Listed Price

Map


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121 E Michigan Street, New Buffalo, MI, 49117 is a Multi-Family Home for sale at $590,000 with a lot size of 0.14. 121 E Michigan Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 49117 which is in New Buffalo, MI