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.
Active
$590,000
121 E Michigan St, New Buffalo, MI 49117
7beds
6baths
2,588sqft
2 to 4 Units
Built in 1955
-- sqft lot
$-- Zestimate®
$228/sqft
$-- HOA
What's special
Side circle parkingPrivate backyardUpdated electricalFour-season roomThree bedroomsRavine views
- 127 days
- 712
- 35
Zillow last checked:
Listing updated:
Listed by:
James Garrison 269-612-7013,
Keller Williams Realty SWM 269-469-2911,
Katie Kupsik-Garrison 219-895-6091,
Keller Williams Realty SWM
Source: MichRIC,MLS#: 26018412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Full,Michigan Basement,Partial
Interior area
- Total interior livable area: 2,588 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 6,098 Square Feet
- Dimensions: 87 x 132
- Features: Ravine, Level
Details
- Parcel number: 116267500137006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
Community & HOA
Location
- Region: New Buffalo
Financial & listing details
- Price per square foot: $228/sqft
- Tax assessed value: $115,656
- Annual tax amount: $5,142
- Date on market: 4/28/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,896/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $590,000$228/sqft |
Source: | ||
| 12/19/2025 | Listing removed | $590,000$228/sqft |
Source: | ||
| 5/29/2025 | Price change | $590,000-1%$228/sqft |
Source: | ||
| 4/18/2025 | Listed for sale | $596,000$230/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/23/2018 | Listing removed | $1,000 |
Source: Owner Report a problem | ||
| 3/10/2018 | Listed for rent | $1,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,142 +1.6% | $245,500 +24.3% |
| 2024 | $5,058 | $197,500 -4.7% |
| 2023 | -- | $207,200 +24.8% |
| 2022 | $4,567 | $166,000 -8.2% |
| 2021 | -- | $180,800 +21.3% |
| 2020 | $4,455 +2.4% | $149,000 +36.1% |
| 2019 | $4,351 -1.1% | $109,500 -1.3% |
| 2018 | $4,398 +1.9% | $110,900 -3.5% |
| 2017 | $4,316 +0.3% | $114,900 +0.1% |
| 2016 | $4,304 +48% | $114,800 +27.4% |
| 2015 | $2,909 | $90,100 -0.9% |
| 2014 | -- | $90,900 -1% |
| 2013 | -- | $91,800 +0.5% |
| 2012 | -- | $91,300 +6.5% |
| 2011 | -- | $85,700 -7.5% |
| 2010 | -- | $92,600 -25.3% |
| 2009 | -- | $124,000 +11.3% |
| 2008 | -- | $111,400 -0.4% |
| 2007 | -- | $111,900 +39.7% |
| 2006 | -- | $80,100 +10.9% |
| 2005 | -- | $72,200 +11.1% |
| 2004 | -- | $65,000 +1.7% |
| 2003 | -- | $63,930 +27.4% |
| 2002 | -- | $50,200 +2.2% |
| 2001 | -- | $49,100 |
Find assessor info on the county website
Monthly payment
Est. payment






