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Mattawan, MI Apartment Buildings for Sale

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Mattawan Income-Producing Multi-Family Property
Updated: Aug 21, 2025
Mattawan Income-Producing Multi-Family Property

23753 Red Arrow Highway, Mattawan, MI 49071

$540,000
1.00 AC lot
Mattawan 6‑unit property on Red Arrow Hwy; 5 of 6 units recently remodeled
Recent unit updates include new plumbing, new electrical, heating upgrades, additional insulation, fresh paint, LVP/carpet, cabinets, countertops, and appliances
Interior improvements also include backsplash and interior doors, plus 2nd story decks
Tenant‑paid utilities noted; cable available, with well water and septic tank sewer
Built in 1976 with vinyl siding, forced‑air heating, and a composition roof
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Income Property with Recent Updates
Updated: Mar 11
Income Property with Recent Updates

Mattawan, MI 49071

$540,000
1.00 AC lot
Great income‑producing 6‑unit property.
5 out of 6 units recently remodeled with extensive upgrades to plumbing, electrical, heating, and insulation.
Remodeled units feature new LVP‑carpet, cabinets, countertops, backsplash, appliances, and interior doors.
Tenants pay their own utilities.
Strong rental history.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mattawan, 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.

Five-Unit Apartment Building
Five-Unit Apartment Building

621 Oak Street, Paw Paw, MI 49079

$360,000
0.16 AC lot

Downtown property offers varied layouts, ramp access, shared laundry, kitchens, and wall-mounted air conditioning.

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90-Unit Apartment Building
90-Unit Apartment Building

1228 California Avenue, Kalamazoo, MI 49006

Contact for pricing
80,074 sqft

Multifamily property comprising a substantial residential community in Kalamazoo, Michigan.

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Five-Unit Apartment Building
Five-Unit Apartment Building

621 Oak St, Paw Paw, MI 49079

$360,000

Five-unit apartment property with shared laundry, accessible entry, individual kitchens, and wall-mounted air conditioning.

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20-Unit Two-Story Apartment Buildings
20-Unit Two-Story Apartment Buildings

1619 Fraternity Village Dr, Kalamazoo, MI 49006

Contact for pricing

Well-maintained 20-unit apartment complex split into two two-story buildings with individually metered utilities and recent roof and parking improvements.

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Mattawan, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Mattawan, MI on our real estate platform.

Sale prices for two-family homes in Mattawan, MI average $540,000 — 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 12K
Population Growth (5Y) +19.3%
Median Household Income $105,779
College Educated 53.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49071 $540K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Van Buren County

New Delisted

Total CRE Inventory on Market (SF)

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