Advertise
    Douglas, MI
    Multifamily

    Douglas, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Saugatuck, MI Fennville, MI Holland, MI Hamilton, MI South Haven, MI Pullman, MI Allegan, MI Zeeland, MI
    Downtown Mixed-Use Building
    Updated: Apr 8
    Downtown Mixed-Use Building

    98 W Center Street, Douglas, MI 49406

    $1,490,000
    4,548 sqft 0.20 AC lot
    Three‑story mixed‑use commercial/residential building in downtown Douglas with two commercial retail units on the main floor
    Remodeled in 2025 and relocated onto a new foundation in 2002
    Approved for three apartments for either short‑term or long‑term rentals, plus a new one‑bedroom lower‑level apartment with patio
    Six private parking spaces and tenants pay utilities
    Central air and forced‑air heating; concrete and wood siding construction
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    98 W Center Street, Douglas, MI 49406

    View Property Analytics

    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Mortgage

      $602K
      Jan 2025

    • Last Sold

      Jan 2025
      $880K

    • Property Type

      Retail Stores
      Built 1900
    View Property Analytics
    Lake-Adjacent Duplex
    Updated: May 19
    Lake-Adjacent Duplex

    955 - 957 W Center Street, Douglas, MI 49406

    $1,100,000
    0.35 AC lot
    Separate residences with three‑bedroom and two‑bedroom layouts
    Less than one block from Lake Michigan
    0.35‑acre landscaped property in Douglas, MI
    Recent deck, hot tub, gazebo swings, fire pit, and exterior paint at 955
    Refreshed interior paint throughout the Lily guest residence at 957
    View details
    Luxury Home in Saugatuck-Douglas
    Luxury Home in Saugatuck-Douglas

    218 Westshore, Douglas, MI 49406

    $1,065,000
    4,000 sqft

    New 5-bedroom home near Lake Michigan, ideal for short-term rentals.

    View details
    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    98 W Center Street, Douglas, MI 49406

    $1,490,000

    Remodeled three-story property combines adaptable retail space with apartments and private parking in downtown Douglas.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Farmhouse with Guest Cottages
    Historic Farmhouse with Guest Cottages

    300 N Ferry Street, Douglas, MI 49406

    Contact for pricing

    Remodeled farmhouse with cottages, ideal for short-term rentals.

    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Douglas, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Mixed-Use Building with Restaurant
    Downtown Mixed-Use Building with Restaurant

    118 Hoffman Street, Saugatuck, MI 49453

    $1,695,000
    3,450 sqft 0.67 AC lot

    Mixed-use property with three residential rentals above a street-level restaurant, bar, and lounge.

    View details
    Attached Duplex with Radiant Heat
    Attached Duplex with Radiant Heat

    5479 Liland Trace, Fennville, MI 49408

    $1,375,000
    4.48 AC lot

    Two attached homes on private wooded acres with radiant floor heating and independent living quarters.

    View details
    Renovated Mixed-Use Income Building
    Renovated Mixed-Use Income Building

    118 Hoffman Street, Saugatuck, MI 49453

    Contact for pricing
    3,176 sqft

    Street-level commercial space plus three newly rebuilt apartments offers flexible live-work or rental income use.

    View details
    Two Homes on Wooded Acres
    Two Homes on Wooded Acres

    5479 Liland Trace, Fennville, MI 49408

    Contact for pricing
    2,890 sqft 4.50 AC lot

    Two attached homes on 4.5 acres near Lake Michigan.

    View details

    Douglas, MI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Douglas, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,548 square feet of properties for sale, with an estimated market value of $5,145,000.

    Sale prices for multifamily properties in Douglas, MI start at $1,065,000, averaging $1,286,250, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 4
    Apartment buildings 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 922
    Median Household Income $95,417
    College Educated 89.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49406 $1.2M

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

    Retail

    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 Douglas, MI

    Popular Searches in Douglas, MI

    Popular Categories

    Most Searched ZIP Codes in Douglas, MI

    • 49406

    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!