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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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61194 Indian Lake Rd , Niles, MI 49120
$135,000
Est. Payment: $300.00/mo
3 Bath
0.31 Acres
Status: active | Days on site: 46
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Jim Blehm
Team Owner, Realtor®

House Description

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!

Highlights

Listed by Tonja R Young , 269-357-9964 Compass Realty , 269-605-3555. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1930

County

Cass

School District

Niles

Listing ID

26047437

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:3
Basement:Full
Water:Well

Exterior Features

Garage Capacity:4
Roof:Composition
Sewer:Septic Tank
Parking Features:Driveway,Gravel
Principal Interest
$300
Taxes
$129

Home Price

$135,000

Loan Details

30 yrs
0%

Down Payment

20%
$27,000
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Monthly Price:
$300.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $300.00 $128.75 $0.00 $428.75
Yearly $3,600.00 $1,544.95 $0.00 $5,144.95
Total $108,000.00 $46,348.50 $0.00 $154,348.50
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Niles, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T20:20:57.000Z

© 2026 MichRIC