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  • $360,000

    47 S 3rd St, Niles, MI 49120

    5beds
    3baths
    2,614sqft
    2 to 4 Units
    Built in 1918
    -- sqft lot
    $360,000 Zestimate®
    $138/sqft
    $1,154 Estimated rent

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    $1,154/mo

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    $1,154/mo

    Rent Zestimate®

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    $2,201/mo

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    $2,201/mo

    Est. payment

    What's special

    This fully remodeled 3-unit property in the City of Niles is turnkey and ready for its next owner. It offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all updated with new electric, new windows, plumbing, and HVAC plus a 2-zone system for efficiency. The front porch is newly rebuilt to enjoy throughout the year. Features include two water heaters, coin-operated laundry in the basement for added income, and a third floor blank canvas for expansion, storage, or office space. With projected monthly income of $3,800-$4,400 and the flexibility of being vacant, the new owner can create their own rental model from the start. Located near downtown shops, dining, and community attractions, this is a prime opportunity for investors seeking cash flow in a growing market.

    Zillow last checked: 8 hours ago

    Listing updated: November 07, 2025 at 04:43am

    Listed by:

    Catherine Waggoner 269-845-0316,

    CK Home Group

    Bought with:

    Ryan F Katowich, 6502433066

    Realty Executives Instant Equity

    Source: MichRIC,MLS#: 25045667MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Basement, See Remarks
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,614 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Gravel
    Lot
    • Size: 7,840 sqft
    • Dimensions: 66 x 118
    • Features: Sidewalk
    Details
    • Parcel number: 117327000042005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Utilities for property: Phone Available, Cable Available, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Niles

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
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    $360,000
    2% more+$7,200
    With Zillow Showcase(estimated)$367,200