Multifamily

Allen, MI Multifamily Properties for Sale

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Four-Unit Apartment Building
Updated: Jul 27
Four-Unit Apartment Building

118 W Chicago Road, Allen, MI 49227

$229,900
0.25 AC lot
Four‑unit apartment building with three main‑level apartments and one upstairs apartment
Apartment A has been renovated
Attached garage and storage building
0.25‑acre parcel along US‑12
Built in 1900 with vinyl siding and a composition roof
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Renovated Quadplex with Garage
Updated: Jun 4
Renovated Quadplex with Garage

Allen, MI 49227

$229,900
3,900 sqft
Four‑unit apartment building with three main‑level residences and one upstairs apartment
One main‑level apartment has been renovated
Attached garage and storage building
Built in 1900
Located on US‑12 between Jonesville and Coldwater
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2 active listings match your search: Multifamily for sale in Allen, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Two-Unit Ranch Duplex
Two-Unit Ranch Duplex

19 Hawley St, Quincy, MI 49082

$159,000
1,888 sqft

One-story configuration with separate kitchens, a carport, and shared basement laundry hookups.

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Tavern Property With Apartments
Tavern Property With Apartments

15 E Chicago Street, Quincy, MI 49082

$229,900
3,564 sqft 0.05 AC lot

Brick commercial building with two renovated two-bedroom apartments and available natural gas.

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Two-Unit Duplex with Conversion Potential
Two-Unit Duplex with Conversion Potential

29 Monroe St, Hillsdale, MI 49242

$229,900
2,852 sqft

Flexible residential income property with distinct living areas, multiple bedrooms, and proximity to Hillsdale College and downtown.

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Two-Unit Duplex Near College
Two-Unit Duplex Near College

29 Monroe Street, Hillsdale, MI 49242

$229,900
0.18 AC lot

Flexible interior arrangement includes two kitchens, two full baths, laundry areas, and multiple living spaces.

View details

Allen, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Allen, MI on our real estate platform. These investment opportunities span a total of 3,900 square feet of properties for sale, with an estimated market value of $459,800.

Sale prices for multifamily properties in Allen, MI average $229,900 — 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

Quadplexes 2

Demographics Overview

Population 1,210
Population Growth (5Y) +7.0%
Median Household Income $51,848
College Educated 19.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49227 $229.9K

Taxes & Financing

Tax Rate (average for all types) 2.94%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hillsdale County

New Delisted

Total CRE Inventory on Market (SF)

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