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316 N 5th St, Niles, MI, 49120

3beds
1baths
1,591sqft
$209,000
$131price/sqft
$1,749/moest. monthly cost
$69,960/yrincome needed

About This Home

Discover the perfect blend of historic elegance and modern peace of mind at 316 N. 5th St., a stunning two-story brick masterpiece located right in the heart of Niles, Michigan. This home radiates 'old-world' character, featuring a massive wrap-around porch that invites you to relax and soaring main-level ceilings that create an airy, grand atmosphere. Inside, you will find gorgeous solid wood trim work preserved throughout the home, highlighting a level of craftsmanship rarely seen today. While it maintains its timeless charm, this property has been extensively updated in 2025 to offer a truly turn-key experience for its next owner. The list of recent upgrades ensures total confidence, including a brand-new roof installed in 2024 and comprehensive 2025 updates to the electrical system, plumbing lines, and interior finishes. Each room features new radiators for efficient comfort, and the entire interior has been refreshed with new paint. The heart of the home is the updated kitchen, which comes complete with appliances that stay with the property. With three spacious bedrooms and a beautifully finished layout, the home is as functional as it is aesthetic, providing a cozy sanctuary with all the benefits of a modern renovation. Beyond its beauty as a residence, this property offers incredible versatility due to its location within the Commercial Business Zoning district. With approval from the City of Niles, this space could easily transition into a boutique, office, or studio, supported by a convenient downtown location and plenty of room for parking. Whether you are looking for a move-in-ready home with character or a high-visibility location for your next venture, this unique brick property offers the best of both worlds in a prime, walkable location.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

6/10
7/10
Niles Senior High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Composition,Flat,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Basement,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedroom2

  • Level: Upper
  • Area: 165
  • Dimensions: 11.00 x 15.00

Bedroom3

  • Level: Upper
  • Area: 80
  • Dimensions: 10.00 x 8.00

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 168
  • Dimensions: 12.00 x 14.00

Family Room

  • Level: Main
  • Area: 180
  • Dimensions: 12.00 x 15.00

Features

  • Ceiling Fan(s)
  • Window features: Storms
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,591
  • Total interior livable area: 1,591 sqft

Kitchen

  • Level: Main
  • Area: 136
  • Dimensions: 17.00 x 8.00

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 12.00 x 15.00

Master Bathroom

  • Level: Upper
  • Area: 56
  • Dimensions: 8.00 x 7.00

Master Bedroom

  • Level: Upper
  • Area: 324
  • Dimensions: 12.00 x 27.00

Property

Details

  • Parcel number: 117231100035009
  • Zoning description: Cb

Features

  • Stories: 2
  • Fencing: Chain Link,Privacy

Lot

  • Lot size: 6,534 sqft
  • Features: Level,Sidewalk
  • Lot size dimensions: 71 x 95

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Hail
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Berrien County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,056$12,672
Home Insurance *$124$1,488
Property Taxes $381$4,572
Electricity $188$2,259
Total$1,749$20,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,965/yr
40% on housing$52,470/yr
45% on housing$46,640/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 49120$131
Berrien County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 49120$152
Berrien County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Price change$232,000
2026-01-10Listed for sale$235,000
2026-01-10Contingent$235,000
2026-01-01Listed for sale$235,000

For Sale by Agent

AgentVictoria Knight
BrokerageCentury 21 Affiliated

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