Multifamily

Allegan, MI Multifamily Properties for Sale

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Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Hamilton, MI Grand Junction, MI
Renovated Two-Unit Duplex
Updated: Aug 10
Renovated Two-Unit Duplex

201 Monroe Street, Allegan, MI 49010

$475,000
0.24 AC lot
Two‑unit duplex on a 0.24‑acre parcel in Allegan
Six bedrooms and three bathrooms with basement space
Renovated kitchens with stainless steel appliances and white shaker cabinets
Separate utilities and dual climate‑control setups
Attached garage, off‑street parking, and large enclosed porch
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Mixed-Use Property with Multifamily Rental
Updated: Jul 24
Mixed-Use Property with Multifamily Rental

314316 314 & 316 Western Ave, Allegan, MI 49010

$400,000
5,610 sqft
5,610‑square‑foot mixed‑use property built in 1908
Multiple buildings situated across 4 city lots
Separate building currently used for multifamily residential rental
Long‑term tenant history in the residential building
Most recent use of one building was service and distribution
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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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See hot listings in Allegan

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Historic Mixed-Use Townhouse Property
Historic Mixed-Use Townhouse Property

721 E Bridge Street, Plainwell, MI 49080

$425,000
5,142 sqft 0.15 AC lot

Original architectural elements support flexible residential and commercial configurations across the converted grainery building.

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Two-Unit Duplex with Private Yards
Two-Unit Duplex with Private Yards

12247 M 40, Gobles, MI 49055

$200,000
1.00 AC lot

Each residence has laundry, with separate outdoor space and parking arrangements.

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Historic Grainery Triplex
Historic Grainery Triplex

721 E Bridge Street, Plainwell, MI 49080

$425,000
0.15 AC lot

Three-unit townhouse building with original grainery details, rooftop patio access, and a flexible main-level unit.

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Duplex with Separate Yards
Duplex with Separate Yards

12247 M-40, Gobles, MI 49055

$200,000
0.80 AC lot

Each residence has laundry and its own fenced outdoor area.

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Off-Market Properties in Allegan, MI

Consider similar Off-Market properties in Allegan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

110-106 Locust St
Multifamily properties

110-106 Locust St, Allegan, MI 49010

Estimated value: by Request
6,600 sqft 0.11 AC lot
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Allegan, MI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Allegan, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,910 square feet of properties for sale, with an estimated market value of $1,044,900.

Sale prices for multifamily properties in Allegan, MI start at $169,900, averaging $348,300, and reaching up to $475,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Duplexes 1

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 $348.3K

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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