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617 N 3rd St, Niles, MI, 49120

1beds
2baths
920sqft
$65,000
$71price/sqft
$643/moest. monthly cost
$25,720/yrincome needed

About This Home

Opportunity awaits with this 1-bedroom, 1.5-bath property ready for its next transformation. This home is in need of rehabilitation, making it an excellent opportunity for investors looking to build equity. With significant upside potential, this property could make an ideal long-term rental or mid-term rental after renovations. Conveniently located near downtown Niles with easy access to shopping, dining, major roadways, and multiple hospitals and regional healthcare systems, this property is well-positioned for investors targeting the growing mid-term rental market for traveling professionals. Its location also makes it an attractive option for traditional long-term tenants. Bring your vision and unlock the value this property has to offer. Property is being sold as-is.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

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

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Laundry features: None

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 920
  • Total interior livable area: 920 sqft

Property

Details

  • Parcel number: 117230500079009

Features

  • Stories: 2

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 66 x 137

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $328$3,936
Home Insurance *$38$456
Property Taxes $89$1,068
Electricity $188$2,259
Total$643$7,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,045/yr
40% on housing$19,290/yr
45% on housing$17,146/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

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 49120$133
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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Listed for sale$65,000
2015-04-15Listing removed$63,900
2015-04-08Listed for sale$63,900
2007-08-08Sold$39,000

For Sale by Agent

AgentSheri Lash
BrokerageEpique Realty

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