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    Allegan County, MI Multifamily Properties for Sale

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    Detroit, MI Jackson, MI Grand Rapids, MI
    28 results
    Saugatuck Three-Unit Investment Property
    $1,100,000
    2,200 SF

    Saugatuck Three-Unit Investment Property

    722 Lake Street, Saugatuck, MI 49453

    Meticulously maintained three-unit property with short-term rental potential.

    • Proven short‑term rental (STR) property with projected annual rental income models estimating well into six figures.
    • Prime location: Two blocks from downtown Saugatuck and easy access to Blue Star Highway.
    • Three‑unit property: Main house plus renovated carriage house with two separate rental units.
    • Main house features over 2,200 sq ft of living space with original hardwood floors, high‑end kitchen, and updated bathrooms.
    • Private rooftop deck offering a retreat overlooking the rear of the property.
    Updated: May 21
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    Mixed-Use Property in Allegan, MI
    $400,000
    5,610 SF

    Mixed-Use Property in Allegan, MI

    314 & 316 Western Avenue, Allegan, MI 49010

    Mixed-use property with commercial and residential potential in Allegan.

    • Multiple buildings on 4 city lots offer diverse potential.
    • Includes a multi‑family residential rental with long‑term tenant history.
    • Suitable for live/work opportunities or investment income.
    • One building previously used for a large‑scale service and distribution company.
    • Broadband and cable available.
    Updated: Mar 23
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    Mixed-Use Building in Downtown Douglas
    $1,490,000
    4,548 SF

    Mixed-Use Building in Downtown Douglas

    Three-story commercial/residential building with income potential in downtown Douglas.

    98 W Center Street, Douglas, MI 49406
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    Downtown Allegan Mixed-Use Building
    $750,000
    6,072 SF

    Downtown Allegan Mixed-Use Building

    Redeveloped mixed-use building with retail and residential units.

    245 Hubbard Street, Allegan, MI 49010
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    Fennville Mixed-Use Opportunity
    $439,999
    5,280 SF

    Fennville Mixed-Use Opportunity

    Versatile mixed-use building in downtown Fennville with development potential.

    205 W Main Street, Fennville, MI 49408
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    Plainwell Duplex: Stable Income Property
    $249,999
    2,112 SF

    Plainwell Duplex: Stable Income Property

    Well-maintained duplex with long-term tenants and strong cash flow.

    143 Floral Avenue, Plainwell, MI 49080
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    Enchanting Gardens Near Lake Michigan
    $1,125,000
    0.35 Acres

    Enchanting Gardens Near Lake Michigan

    Unique property blending luxury, privacy, nature, and investment potential.

    955 - 957 W Center Street, Douglas, MI 49406
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    Saugatuck Duplex with Storage Building
    $574,900
    1.60 Acres

    Saugatuck Duplex with Storage Building

    Duplex near downtown Saugatuck with a large storage building.

    6445 Old Allegan Road, Saugatuck, MI 49453
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    Retail Building with Apartment
    $199,500
    2,192 SF

    Retail Building with Apartment

    Retail space with apartment in downtown Plainwell.

    111 N Main Street, Plainwell, MI 49080
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    Downtown Otsego Mixed-Use Investment
    $375,000
    0.07 Acres

    Downtown Otsego Mixed-Use Investment

    Turnkey 5-unit building with strong income in downtown Otsego.

    120 N Farmer Street, Otsego, MI 49078
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    Saugatuck Two-Unit Income Property
    $645,000
    0.29 Acres

    Saugatuck Two-Unit Income Property

    Remodeled duplex in Saugatuck Twp with short-term rental licenses.

    707 N Maple Street, Saugatuck, MI 49453
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    Turnkey Restaurant in Historic Building
    $498,000
    3,420 SF

    Turnkey Restaurant in Historic Building

    Fully equipped restaurant with apartment in renovated historic building.

    113 N Farmer Street, Otsego, MI 49078
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    Duplex Income Property with Fenced Yard
    $279,900
    0.30 Acres

    Duplex Income Property with Fenced Yard

    Two-unit residential income property with in-unit laundry, recent exterior and mechanical updates, and a private fenced outdoor area.

    224 Charles Street, Otsego, MI 49078
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    Wayland Multifamily Investment Opportunity
    $450,000
    0.37 Acres

    Wayland Multifamily Investment Opportunity

    Four units including a studio apartment near Wayland schools.

    3078 Sandy Beach Street, Wayland, MI 49348
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    Plainwell Duplex: Investor Opportunity
    $234,000
    0.21 Acres

    Plainwell Duplex: Investor Opportunity

    Income-producing duplex in Plainwell, Michigan with tenant leases in place.

    221 S Woodhams Street, Plainwell, MI 49080
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    Historic Grainery Multi-Unit Townhouse
    $425,000
    0.15 Acres

    Historic Grainery Multi-Unit Townhouse

    Unique income-producing property with endless possibilities in Plainwell, MI.

    721 E Bridge Street, Plainwell, MI 49080
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    New Duplex in Wayland, MI
    $529,000
    0.45 Acres

    New Duplex in Wayland, MI

    New duplex built in 2023, both units currently occupied.

    545 N Main Street, Wayland, MI 49348
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    Gun Lake Duplex Investment Property
    $530,000
    0.20 Acres

    Gun Lake Duplex Investment Property

    Updated duplex on Gun Lake with channel frontage.

    Shelbyville, MI 49344
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    Historic Mixed-Use Retail & Apartments
    $2,225,000
    9,176 SF

    Historic Mixed-Use Retail & Apartments

    Brick, two-story building with upstairs rentals and multiple main-level commercial spaces, plus ample parking.

    439 Butler Street, Saugatuck, MI 49453
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    Plainwell Multifamily Development Opportunity
    $91,000
    3.04 Acres

    Plainwell Multifamily Development Opportunity

    3+/- acre site zoned for multifamily residential development.

    355 12th Street, Plainwell, MI 49080
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    Mixed-Use Property with Income Potential
    $400,000
    0.80 Acres

    Mixed-Use Property with Income Potential

    Mixed-use property featuring multiple buildings on four city lots.

    314 & 316 Western Ave, Allegan, MI 49010
    View details
    Downtown Douglas Mixed-Use Building
    $1,490,000

    Downtown Douglas Mixed-Use Building

    Remodeled mixed-use building with commercial and residential units.

    98 W Center St, Douglas, MI 49406
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    Updated Duplex in Otsego
    $214,900

    Updated Duplex in Otsego

    Updated duplex, ideal for owner-occupancy or investment.

    241 Helen Ave, Otsego, MI 49078
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    Historic Mixed-Use Buildings in Allegan
    $580,000
    0.09 Acres

    Historic Mixed-Use Buildings in Allegan

    Two mixed-use buildings with office and apartment potential in downtown.

    145/149 Brady Street, Allegan, MI 49010
    View details

    Allegan County, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 30 multifamily properties for sale in Allegan County, MI, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 47,006 square feet of properties for sale, with an estimated market value of $9,342,398.

    Sale prices for multifamily properties in Allegan County, MI start at $199,500, averaging $718,646, and reaching up to $1,490,000 — 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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