This three-unit property is the perfect opportunity for investors or owner-occupants looking to add value and generate strong rental income. 501 Oak Street is a fantastic investment opportunity located near shopping, dining and all downtown Niles has to offer. Schedule your tour today!
Sold
$129,000
501 Oak St, Niles, MI 49120
2beds
3baths
1,322sqft
2 to 4 Units
Built in 1904
-- sqft lot
$138,000 Zestimate®
$98/sqft
$1,468 Estimated rent
Home value
$138,000
$119,000 - $161,000
$1,468/mo
Zestimate® history
Owner options
List your home for rent
$1,468/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,468/mo
Rent Zestimate®
Refinance and save
$865/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$865/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Karie Miller 574-532-4218,
McKinnies Realty
Bought with:
Our Team, 6506045699
Red Shoe Realty
Source: MichRIC,MLS#: 25009887
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Hot Water
Cooling
- Central Air
Appliances
- Laundry: Common Area, Main Level
Features
- Basement: Full
Interior area
- Total interior livable area: 1,322 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Gravel
Lot
- Size: 3,484 sqft
- Dimensions: 52 x 74
- Features: Corner Lot
Details
- Parcel number: 117339600046002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Community & neighborhood
Location
- Region: Niles
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $129,000-7.9%$98/sqft |
Source:  MichRIC #25009887 Report a problem | ||
| 3/21/2025 | Pending sale | $140,000$106/sqft |
Source: MichRIC #25009887 Report a problem | ||
| 3/16/2025 | Listed for sale | $140,000+250%$106/sqft |
Source: MichRIC #25009887 Report a problem | ||
| 3/6/2003 | Sold | $40,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,602 +99.1% | $98,100 +7.8% |
| 2024 | $1,307 | $91,000 +14.6% |
| 2023 | -- | $79,400 +7.6% |
| 2022 | $2,275 | $73,800 +7.1% |
| 2021 | -- | $68,900 +29% |
| 2020 | $2,216 +2.4% | $53,400 +4.7% |
| 2019 | $2,165 +2.5% | $51,000 -2.3% |
| 2018 | $2,112 +1.7% | $52,200 +9.7% |
| 2017 | $2,076 +0.3% | $47,600 +7% |
| 2016 | $2,070 +91.5% | $44,500 +11.5% |
| 2015 | $1,081 | $39,900 +0.5% |
| 2014 | -- | $39,700 +5.9% |
| 2013 | -- | $37,500 +5.9% |
| 2012 | -- | $35,400 -25.2% |
| 2011 | -- | $47,300 +5.8% |
| 2010 | -- | $44,700 -11.3% |
| 2009 | -- | $50,400 -1.9% |
| 2008 | -- | $51,400 +8.2% |
| 2007 | -- | $47,500 +14.5% |
| 2006 | -- | $41,500 +2.5% |
| 2005 | -- | $40,500 +4.4% |
| 2004 | -- | $38,800 +1% |
| 2003 | -- | $38,400 +4.3% |
| 2002 | -- | $36,800 +5.7% |
| 2001 | -- | $34,800 |
Find assessor info on the county website
Neighborhood: 49120
Nearby schools
GreatSchools rating
- 7/10Niles Virtual SchoolGrades: K-12Distance: 1.2 mi
- 6/10Ring Lardner Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Niles Senior High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
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Estimated market value
$138,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$138,000
- Michigan
- Berrien County
- Niles
- 49120
- 501 Oak St
Nearby cities
Nearby zip codes
Other Niles Topics
