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Allegan, MI Apartment Buildings for Sale

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Victorian Commercial Building in Downtown Allegan
Updated: Jan 26
Victorian Commercial Building in Downtown Allegan

106 Locust St, Allegan, MI 49010

$169,900
3,300 sqft 0.06 AC lot
Located in the Central Business, Historical District of Downtown Allegan.
Two‑story late Victorian brick commercial building with original upper facades.
Street level features approximately 1650 sq ft of open retail or office space.
Upper level with 1650 sqft, offers potential for 2 apartments.
Includes a full basement.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

28-Unit Apartment Portfolio
28-Unit Apartment Portfolio

863 Lincoln Ave, Holland, MI 49423

$2,125,000
15,284 sqft

Two parcels contain apartment buildings and a single-family rental, with RMU zoning and full occupancy reported.

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16-Unit Apartment Building
16-Unit Apartment Building

1710 E G Avenue, Kalamazoo, MI 49004

$1,270,000
0.86 AC lot

Multifamily property with renovated interiors, a defined two-bedroom and one-bedroom unit mix, and convenient Gull Road access.

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Renovated Multifamily Property in Holland
Renovated Multifamily Property in Holland

1051 Abbey Court, Holland, MI 49423

$925,000
1,075 sqft

Turnkey investment with updated units and strong income potential.

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Historic 18-Unit Apartment Buildings
Historic 18-Unit Apartment Buildings

316324 316/324 Stuart Ave, Kalamazoo, MI 49007

$1,000,000

Two contiguous residences provide apartments, a carriage house, laundry, and off-street parking near downtown Kalamazoo.

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Allegan, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 3,300 square feet of properties for sale, with an estimated market value of $169,900.

Sale prices for apartment complexes in Allegan, MI average $169,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K
Population Growth (5Y) +4.5%
Median Household Income $72,361
College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Allegan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49010 $169.9K

Taxes & Financing

Tax Rate (average for all types) 3.99%
Property Tax per SF $66.02 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allegan County

New Delisted

Total CRE Inventory on Market (SF)

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