Fully Rented Triplex in Niles! Great investment opportunity with three occupied units. Two units have long-term tenants, and the third is well on the way. Solid rental history and steady cash flow. All three units have their own bathroom and living space. Two units have full kitchens; the third has a more limited setup. Within walking distance of downtown Niles, with easy access to shops, restaurants, and local amenities.
Sold
$115,000
57 S 3rd St, Niles, MI 49120
3beds
3baths
1,550sqft
2 to 4 Units
Built in 1922
-- sqft lot
$185,100 Zestimate®
$74/sqft
$1,535 Estimated rent
Home value
$185,100
$159,000 - $211,000
$1,535/mo
Zestimate® history
Owner options
List your home for rent
$1,535/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,535/mo
Rent Zestimate®
Refinance and save
$592/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$592/mo
Est. payment
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List your homeWhat's special
Living spaceOwn bathroomFull kitchens
Zillow last checked:
Listing updated:
Listed by:
Kelly Schaffer 574-612-8602,
American Dream Team RE Brokers
Bought with:
Kelly Schaffer, 6501427471
Source: MichRIC,MLS#: 25032333
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Full
Interior area
- Total interior livable area: 1,550 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 3,920 sqft
- Dimensions: 33 x 118
Details
- Parcel number: 117327000040011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Utilities for property: Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Niles
- Subdivision: H B & G W Hoffman & C K Green Add To Niles
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $115,000-15.4%$74/sqft |
Source:  MichRIC #25032333 Report a problem | ||
| 9/17/2025 | Pending sale | $136,000$88/sqft |
Source: MichRIC #25032333 Report a problem | ||
| 8/15/2025 | Price change | $136,000-2.9%$88/sqft |
Source: MichRIC #25032333 Report a problem | ||
| 7/3/2025 | Listed for sale | $140,000+55.6%$90/sqft |
Source: MichRIC #25032333 Report a problem | ||
| 12/19/2023 | Sold | $90,000-8.2%$58/sqft |
Source: Public Record Report a problem | ||
| 12/14/2023 | Pending sale | $98,000$63/sqft |
Source: MichRIC #23133326 Report a problem | ||
| 11/6/2023 | Contingent | $98,000$63/sqft |
Source: MichRIC #23133326 Report a problem | ||
| 9/8/2023 | Listed for sale | $98,000-17.6%$63/sqft |
Source: MichRIC #23133326 Report a problem | ||
| 10/15/2022 | Listing removed | -- |
Source: MichRIC #22012697 Report a problem | ||
| 8/29/2022 | Price change | $119,000-4%$77/sqft |
Source: MichRIC #22012697 Report a problem | ||
| 7/25/2022 | Price change | $124,000-0.8%$80/sqft |
Source: MichRIC #22012697 Report a problem | ||
| 6/14/2022 | Price change | $125,000-1.6%$81/sqft |
Source: MichRIC #22012697 Report a problem | ||
| 4/14/2022 | Listed for sale | $127,000+323.3%$82/sqft |
Source: MichRIC #22012697 Report a problem | ||
| 8/19/2020 | Sold | $30,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,819 +58% | $52,800 +7.8% |
| 2024 | $1,784 | $49,000 +49.4% |
| 2023 | -- | $32,800 +9% |
| 2022 | $1,616 | $30,100 +7.5% |
| 2021 | -- | $28,000 +29.6% |
| 2020 | $1,045 +2.3% | $21,600 +5.9% |
| 2019 | $1,022 +2.4% | $20,400 -20.9% |
| 2018 | $998 +1.7% | $25,800 +12.7% |
| 2017 | $982 +0.3% | $22,900 +3.6% |
| 2016 | $979 +100.1% | $22,100 +10.5% |
| 2015 | $489 | $20,000 |
| 2014 | -- | $20,000 +5.3% |
| 2013 | -- | $19,000 +3.3% |
| 2012 | -- | $18,400 -24.9% |
| 2011 | -- | $24,500 +5.6% |
| 2010 | -- | $23,200 -10.4% |
| 2009 | -- | $25,900 -3% |
| 2008 | -- | $26,700 +7.7% |
| 2007 | -- | $24,800 +36.3% |
| 2006 | -- | $18,200 +2.8% |
| 2005 | -- | $17,700 +4.1% |
| 2004 | -- | $17,000 +1.2% |
| 2003 | -- | $16,800 +4.3% |
| 2002 | -- | $16,100 +5.9% |
| 2001 | -- | $15,200 |
Find assessor info on the county website
Neighborhood: 49120
Nearby schools
GreatSchools rating
- 7/10Niles Virtual SchoolGrades: K-12Distance: 1.3 mi
- 7/10Niles Senior High SchoolGrades: 9-12Distance: 1.1 mi
- 6/10Ring Lardner Middle SchoolGrades: 6-8Distance: 1.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$185,100
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
$185,100
- Michigan
- Berrien County
- Niles
- 49120
- 57 S 3rd St
Nearby cities
Nearby zip codes
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