Advertise
    Douglas, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Douglas, MI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Saugatuck, MI Fennville, MI Hamilton, MI
    6 listings
    Mixed-Use Building in Downtown Douglas
    $1,490,000
    4,548 SF
    Mixed-Use Building in Downtown Douglas

    98 W Center Street, Douglas, MI 49406

    Three-story commercial/residential building with income potential in downtown Douglas.
    • Prime downtown location with multiple revenue streams.
    • Three apartments approved for short‑term rentals.
    • Six private parking spaces.
    • Remodeled in 2025.
    • Main floor configurable into one to three commercial retail units.
    Updated: Apr 8
    View details
    Enchanting Gardens Near Lake Michigan
    $1,125,000
    0.35 Acres
    Enchanting Gardens Near Lake Michigan

    955 - 957 W Center Street, Douglas, MI 49406

    Unique property blending luxury, privacy, nature, and investment potential.
    • Less than one block from Lake Michigan, with Lake frontage listed as a lake waterfront feature
    • Built in 1960 with wood siding and a composition roof; forced air heat and central air
    • Two separate residences: a three‑bedroom main home plus a fully private two‑bedroom guest retreat
    • Guest retreat features its own patio and garden views; main home includes a primary suite with ensuite bath
    • Vacation rental use: part‑time residence and part‑time vacation rental; estimated annual income potential exceeds $70,000+ with optimized occupancy
    Updated: May 19
    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

    View details
    Historic Mixed-Use Building with Patio
    $1,499,000
    4,532 SF
    Historic Mixed-Use Building with Patio

    Renovated mixed-use building with street-level commercial suites, three apartments, on-site parking, and a rear garden patio.

    98 West Center Street, Douglas, MI 49406

    View details
    Luxury Home in Saugatuck-Douglas
    $1,065,000
    4,000 SF
    Luxury Home in Saugatuck-Douglas

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

    218 Westshore, Douglas, MI 49406

    View details
    Historic Farmhouse with Guest Cottages
    $1,100,000
    Historic Farmhouse with Guest Cottages

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

    300 N Ferry Street, Douglas, MI 49406

    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Douglas, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Saugatuck Three-Unit Investment Property
    $1,100,000
    2,200 SF
    Saugatuck Three-Unit Investment Property

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

    722 Lake Street, Saugatuck, MI 49453

    View details
    Fennville Multi-Family Investment Opportunity
    $1,375,000
    4.48 Acres
    Fennville Multi-Family Investment Opportunity

    Two attached homes on 4.5 wooded acres near Lake Michigan.

    5479 Liland Trace, Fennville, MI 49408

    View details
    Three-Unit Residential Income Property
    $1,100,000
    2,200 SF
    Three-Unit Residential Income Property

    Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.

    722 Lake St, Saugatuck, MI 49453

    View details
    Two Homes on Wooded Acres
    $1,375,000
    2,890 SF
    Two Homes on Wooded Acres

    Two attached homes on 4.5 acres near Lake Michigan.

    5479 Liland Trace, Fennville, MI 49408

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakefront Land Parcel For Sale
    $284,900
    2.67 Acres
    Lakefront Land Parcel For Sale

    2.67-acre lakefront parcel with mobile home near Silver Lake ORV.

    2605 N 34th Avenue, Mears, MI 49436

    View details
    Recreational Land Bordering National Forest
    $39,900
    0.96 Acres
    Recreational Land Bordering National Forest

    RV recreational lot bordering Manistee National Forest.

    V/L E Kissing Oaks Trail, Custer, MI 49405

    View details
    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres
    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877

    View details
    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

    View details

    Douglas, MI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Douglas, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,080 square feet of properties for sale, with an estimated market value of $4,054,000.

    Sale prices for multifamily properties in Douglas, MI start at $1,065,000, averaging $1,351,333, and reaching up to $1,499,000 — 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 3
    Apartment buildings 2
    Duplexes 1
    Triplexes 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 $1.3M

    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!