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$115,000
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Property Description
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.
Full Property Details
Full Property Details for 57 S 3rd St
General
- Sold For: $115,000
- Taxes: $2,819
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25032333
- Added to Site: 197 day(s) ago
Parking
- Total Spaces: 2
Location
- Area: Southwestern Michigan - S
- County: Berrien
- Subdivision: H B & G W Hoffman & C K Green Add To Niles
- Cross Streets: Oak & 3rd St
- Driving Directions: Broadway head south on third. Property is on the right heading south at the sign.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Utility Description: Phone Available, Electricity Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Year Built: 1922
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,877
Financial Considerations
- Tax Amount: $2,819
- Terms: Cash, Conventional
- Landlord Pays: Electricity, Water, Sewer, Gas
- Tenant Pays: None
Disclosures and Reports
- Legal Description: THE N1/2 OF LOT 40 H B & G W HOFFMAN & C K GREEN ADD TO NILES
- Property ID: 11-73-2700-0040-01-1
Listed and Sold by American Dream Team RE Brokers, Kelly Schaffer
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Schools
Schools serving 57 S 3rd St
School District:Niles Community School District
| Name | Grades | Distance |
|---|---|---|
Ballard Elementary School 1601 West Chicago Road, Niles, MI 49120 | K-5 | 1.5 mi |
Ring Lardner Middle School 801 North 17th Street, Niles, MI 49120 | 7-8 | 1.3 mi |
Niles Senior High School 1441 Eagle Street, Niles, MI 49120 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 57 S 3rd St
Date
Details
Price
Change
Source
10/01/2025
Sold
$115,000
-15.44%
MLS
8/15/2025
Price Reduced
$136,000
-2.86%
MLS
7/03/2025
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
57 S 3rd Street, Niles, MI 49120 (MLS# 25032333) is a Single Family property that was sold at $115,000 on October 01, 2025. Want to learn more about 57 S 3rd Street? Do you have questions about finding other Single Family real estate for sale in Niles? You can browse all Niles real estate or contact a Coldwell Banker agent to request more information.

