Multifamily

Fennville, MI Multifamily Properties for Sale

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Hamilton, MI Saugatuck, MI Douglas, MI
Fennville Multi-Family Investment Opportunity
Updated: Apr 18
Fennville Multi-Family Investment Opportunity

5479 Liland Trace, Fennville, MI 49408

$1,375,000
4.48 AC lot
Two attached homes with independent living quarters on 4.5 private wooded acres
Both homes offer radiant floor heating and forced‑air heating, with central air
Barrier‑free design with an accessible approach and ramp
2015 construction with metal roof
Utilities include propane; water from a well and septic tank sewer
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Two Homes on Wooded Acres
Updated: May 11
Two Homes on Wooded Acres

5479 Liland Trace, Fennville, MI 49408

$1,375,000
2,890 sqft · 4.50 AC lot
Two attached homes with independent living quarters on 4.5 private wooded acres.
Ideal for multi‑generational living or investment income (short- and long‑term rentals).
Minutes from Lake Michigan beaches, wineries, orchards, restaurants, and shopping.
Single‑floor living with barrier‑free design.
Radiant floor heating and soaring ceilings in both homes.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Fennville, 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.

Mixed-Use Building in Downtown Douglas
Mixed-Use Building in Downtown Douglas

98 W Center Street, Douglas, MI 49406

$1,490,000
4,548 sqft · 0.20 AC lot

Three-story commercial/residential building with income potential in downtown Douglas.

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Saugatuck Three-Unit Investment Property
Saugatuck Three-Unit Investment Property

722 Lake Street, Saugatuck, MI 49453

$1,100,000
2,200 sqft · 0.25 AC lot

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

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Duplex with Two Private Garages
Duplex with Two Private Garages

6445 Old Allegan Road, Saugatuck, MI 49453

$549,000
1.60 AC lot

Two nearly identical 2-bedroom units are currently month-to-month rented, each with its own full bath, appliances, and garage space.

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Downtown Douglas Mixed-Use Building
Downtown Douglas Mixed-Use Building

98 W Center St, Douglas, MI 49406

$1,490,000

Remodeled mixed-use building with commercial and residential units.

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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.

Residential Land in Riverdale
Residential Land in Riverdale

N Lumberjack Road, Riverdale, MI 48877

Contact for pricing
0.67 AC lot

Vacant residential land suitable for building or mobile home placement.

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Recreational Land Bordering National Forest
Recreational Land Bordering National Forest

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

$39,900
0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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Land For Sale
Land For Sale

4993 E Wetland Trail, Custer, MI 49405

$67,999

Land available in Mason County.

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Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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Fennville, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Fennville, MI on our real estate platform. These investment opportunities span a total of 2,890 square feet of properties for sale, with an estimated market value of $1,375,000.

Sale prices for multifamily properties in Fennville, MI start at $1,375,000, averaging $1,375,000, and reaching up to $1,375,000 — 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

Duplexes 2
Short term rental properties 1

Demographics Overview

Population 10K
Population Growth (5Y) +7.0%
Median Household Income $69,155
College Educated 35.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49408 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.79%
Property Tax per SF $63.12 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)

Average Property Price per SF

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

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