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Otsego, MI Apartment Buildings for Sale

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Five-Unit Mixed-Use Building
Updated: Apr 17
Five-Unit Mixed-Use Building

120 N Farmer Street, Otsego, MI 49078

$325,000
0.07 AC lot
Five‑unit mixed‑use building with two commercial suites and three residential apartments
Two main‑floor commercial suites are approximately 950 sq ft each
Residential mix includes 1‑bedroom, 1‑bath; 2‑bedroom, 1‑bath; and studio units
Significant updates completed across the units; property is fully occupied
0.07‑acre lot at 120 N Farmer Street, Otsego, MI 49078
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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 Otsego, 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.

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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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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Victorian Commercial Building in Downtown Allegan
Victorian Commercial Building in Downtown Allegan

106 Locust St, Allegan, MI 49010

$169,900
3,300 sqft 0.06 AC lot

Two-story commercial building in Allegan's Historical District with renovation potential.

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Queen Anne Apartment Redevelopment
Queen Anne Apartment Redevelopment

836 W N Street, Kalamazoo, MI 49007

$78,900
0.23 AC lot

Vacant historic structure with multi-family or commercial zoning and original architectural elements retained.

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Otsego, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Otsego, MI on our real estate platform.

Sale prices for apartment complexes in Otsego, MI average $325,000 — 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 10K
Population Growth (5Y) +13.4%
Median Household Income $77,517
College Educated 25.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49078 $325K

Taxes & Financing

Tax Rate (average for all types) 3.72%
Property Tax per SF $79.14 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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