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Four-Unit Multifamily Property
For Sale
$450,000

3078 Sandy Beach Street Unit 4, Wayland, MI 49348

Four separate residences with off-street parking, storage buildings, and a studio apartment offered together.

Property Size1,120 SF
Price / SF$401.79
Days on Market191

Property Features for 3078 Sandy Beach Street Unit 4

General Information

Standard status Active
Size 1,120 SF
Property subtype Residential Income / Multi Family
Zoning res

Units

Unit Mix 1 x 1BR, 1 x 2BR, 1 x Studio
Multifamily Units 4

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $3,569

Amenities

Forced Air, Natural Gas
false
No
Yes

Building Details

Year Built 1920
Buildings 4
Listing Agency: Greenridge Realty (Wayland)
Listed By: Linda J Rough · License #6504158263
Source: Compass
Added: Feb 22 Changed: Aug 31 Last Checked: Aug 31 at 1:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenridge Realty (Wayland)

Investment Insights

Based on property information with market context.

This multifamily property combines three individual houses with a two-story studio apartment, all offered as a single unit. The houses measure approximately 600, 700, and 800 square feet; the residences include one- and two-bedroom layouts, kitchens with stoves and refrigerators, porches, rear decks, walk-in closets in select units, and sheds. The studio apartment contains 1,120 square feet, a full bath, sleeping area, walk-in closet, kitchen appliances, washer and dryer, a center island, updated flooring in portions of the interior, and a small deck accessed through French doors. A 28-by-40-foot pole barn and off-street parking serve the property.

The property is zoned res and was built in 1920. It is located on a paved road in the Wayland school district, approximately one mile from the Allegan County park and boat launch and one mile from a grocery store and post office. Lawn maintenance and snow removal are provided by the seller, and a dumpster serves the four tenants.

Key Highlights

  • Four units sold together: three individual houses plus a two‑story studio apartment
  • Studio apartment measures 1,120 square feet and includes a full bath, appliances, laundry, and deck
  • Three houses measure approximately 600, 700, and 800 square feet

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Law Firm HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 49348, MI

14,989
Population
5,629
Households
2.7
Avg Household Size
36
Median Age
23%
College-Educated
94%
High-School Grad
65.7 sq mi
ZIP Area
228
Density / Sq Mi
$79,267
Median Household Income
$41,955
Median Earnings
$1,123
Median Rent
$247,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate residences with off-street parking, storage buildings, and a studio apartment offered together.
Where is this multifamily property located?
The property is located at 3078 Sandy Beach Street Unit 4 Wayland, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units sold together: three individual houses plus a two‑story studio apartment; Studio apartment measures 1,120 square feet and includes a full bath, appliances, laundry, and deck; Three houses measure approximately 600, 700, and 800 square feet
More about this property
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