For Sale
931 Cherry Street, Niles, MI 49120
$339,900
MLS # 26030653 (Michigan Regional Information Center (MichRIC))
5 unitsBuilt 20020.27 acres
1 / 15
Listing Description
Looking to invest in real estate with 3 properties totaling 6 units for one price. Long standing rental history, registered with City of Niles required landlord inspection to comply with city ordinance. 1 two story duplex, 1 side by side duplex & 1 storage garage. Outstanding group purchase, one investment 6 sets of return. Notice is needed all units are occupied.
Source: SparkMLS
About this home
Currently offered at $339,900.
Property tax estimate: $5,577 per year ($465/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size0.27 acres
Year Built2002
Location
CityNiles
MunicipalityNiles City
Zip Code49120
CountyBerrien
School DistrictNiles
Construction & Systems
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Connected, Electricity Connected
Sale & Financing
Listed6/18/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,577
Tax Year2024
Assessed Value$35,813
Parcel #11-73-2730-0036-00-7
Source: SparkMLS
Legal Description
THE S 144' OF THE W 80' OF OUT LOT 36 GREEN & HOFFMANS OUT LOTS CITY OF NILES
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Elizabeth Van Leeuwen
Bon Realty
Frequently Asked Questions about 931 Cherry Street, Niles, MI 49120
What school district is 931 Cherry Street, Niles, MI 49120 in?
Per MLS# 26030653, this property is served by Niles. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26030653, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26030653, the most recent reported annual property tax for 931 Cherry Street, Niles, MI 49120 is $5,577 (2024). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 931 Cherry Street, Niles, MI 49120 eligible for USDA financing?
Per USDA Rural Development boundary data, 931 Cherry Street, Niles, MI 49120 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 931 Cherry Street, Niles, MI 49120 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Public Sewer. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Niles City police department or the Berrien County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$2,205
Principal & interest$2,205
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
931 Cherry Street, Niles, MI 49120
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Municipality
Niles
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