Advertise
    Allegan, MI
    Multifamily

    Allegan, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Michigan Center, MI Otsego, MI Pullman, MI Gobles, MI Hopkins, MI Bloomingdale, MI Grand Junction, MI Hamilton, MI
    6 properties
    Historic Brick Bar Building
    Updated: Jun 16
    Historic Brick Bar Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot
    6,941‑square‑foot, two‑story brick building constructed in 1885
    0.14‑acre parcel at 132 Brady Street in downtown Allegan
    Main level includes the Sherwoods Cove bar and an occupied 1‑bedroom apartment
    Unfinished second story offers space for future residential construction
    Directly across from Mahan City Park with Kalamazoo River views
    View details
    Mixed-Use Building with Deck
    Updated: Jan 21
    Mixed-Use Building with Deck

    245 Hubbard Street, Allegan, MI 49010

    $750,000
    6,072 sqft 0.07 AC lot
    Unrivaled enormous outdoor deck space with Kalamazoo River views.
    Newly renovated residential units with stone countertops and stainless appliances.
    Prime downtown Allegan location with high foot traffic and street visibility.
    Versatile mixed‑use building suitable for investors or business owners.
    Spacious ground‑floor retail/office space.
    View details
    Multi-Building Live-Work and Rental
    Multi-Building Live-Work and Rental

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft 0.80 AC lot

    Property includes multiple buildings on four city lots, with one building used for service and distribution and another for multifamily rentals.

    View details
    See what stands out in Allegan County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Property with Multifamily Rental
    Mixed-Use Property with Multifamily Rental

    314316 314 & 316 Western Ave, Allegan, MI 49010

    $400,000
    5,610 sqft

    Multiple buildings across four city lots combine residential occupancy with prior service and distribution use.

    View details
    Renovated Duplex with Attached Garage
    Renovated Duplex with Attached Garage

    201 Monroe Street, Allegan, MI 49010

    $475,000
    0.24 AC lot

    Updated kitchens, separate utilities, and off-street parking support practical two-unit operation.

    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 6 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.

    Well-Maintained Duplex Investment
    Well-Maintained Duplex Investment

    143 Floral Avenue, Plainwell, MI 49080

    $264,888
    1,056 sqft

    Two spacious 2-bedroom units with in-unit laundry and separate utilities on a corner lot.

    View details
    Updated Mixed-Use Building
    Updated Mixed-Use Building

    120 N Farmer Street, Otsego, MI 49078

    $325,000
    0.07 AC lot

    Downtown property combines commercial suites and residential apartments with city-managed parking areas and sidewalks.

    View details
    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.

    View details
    Duplex Residential Income Property
    Duplex Residential Income Property

    418 E Franklin Street, Otsego, MI 49078

    Contact for pricing

    Duplex with separate main-level and upstairs units, each with heat, plus a large detached three-car garage.

    View details

    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

    Value Estimation by Request
    6,600 sqft 0.11 AC lot
    View details

    Allegan, MI Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Allegan, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 27,533 square feet of properties for sale, with an estimated market value of $2,544,900.

    Sale prices for multifamily properties in Allegan, MI start at $169,900, averaging $424,150, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    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 $424.2K

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Allegan, MI

    Popular Searches in Allegan, MI

    Popular Categories

    Most Searched ZIP Codes in Allegan, MI

    • 49010

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!