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  • Price cut: $5K (9/24)
    $154,900

    61194 Indian Lake Rd, Niles, MI 49120

    4beds
    2baths
    --sqft
    : 
    $1,219/mo
    Get pre-qualified
    2 to 4 Units
    Built in 1930
    -- sqft lot
    $151,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover an outstanding investment opportunity or house-hacking potential tucked peacefully between Niles and Dowagiac! Situated on a manageable 0.3-acre lot, this multi-family property currently features two spacious 2-bedroom, 1-bathroom units. Both units feature efficient layouts with comfortable living areas and steady rental potential. The property offers an additional lower-level footprint—presenting the opportunity to finish or convert into a 3rd unit (subject to local zoning & approvals) to significantly maximize cash flow. Enjoy the privacy of a peaceful country feel while remaining just minutes from M-51, downtown Niles, Dowagiac, and local lakes. Whether you are expanding your rental portfolio or looking to live in one unit while generating income from the rest, this property offers incredible versatility. Schedule your private showing today!
    22 days
    868
    53

    Zillow last checked:

    Listing updated:

    Listed by:

    Tonja R Young 269-357-9964,

    Compass Realty 269-605-3555

    Source: MichRIC,MLS#: 26047437MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Radiant
      Cooling
      • None
      Appliances
      • Laundry: None
      Features
      • Basement: Full

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Gravel
      Lot
      • Size: 0.31 Acres
      • Dimensions: 200*69
      Details
      • Parcel number: 1411003149000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Brick
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Electricity Connected

      Community & HOA

      Location
      • Region: Niles

      Financial & listing details

      • Tax assessed value: $35,765
      • Annual tax amount: $1,544
      • Date on market: 9/6/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: None
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $151,400

        $142,000 - $159,000

        $1,088/mo

        Price history

        DateEventPrice
        9/24/2026Price change$154,900-3.1%
        Source: MichRIC #26047437 Report a problem
        9/6/2026Listed for sale$159,900
        Source: MichRIC #26047437 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,501 +6.1%$87,600 -2.3%
        2024$1,414 +11.5%$89,700 +24.9%
        2023$1,268 $71,800 +21.5%
        2022-- $59,100 +5.5%
        2021$1,211 -3.9%$56,000 +5.1%
        2020$1,260 $53,300 +2.1%
        2019$1,260 +322.4%$52,200 +8.3%
        2018$298 +2.1%$48,200
        2017$292 +0.9%$48,200 +22.6%
        2016$289 $39,300 +15.2%
        2015-- $34,100 -11.7%
        2011-- $38,600 -6.8%
        2010-- $41,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49120

        Getting around

        9 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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