Multifamily

Hillsdale, MI Multifamily Properties for Sale

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Three-Unit Triplex with Updated Systems
Updated: Nov 4
Three-Unit Triplex with Updated Systems

2 Reading Avenue, Hillsdale, MI 49242

$229,900
0.24 AC lot
Three‑unit multifamily property on 0.24 acres
Largest unit is vacant; two other units are occupied
Four high‑efficiency furnaces serve the apartments and basement
Built in 1904
Newer metal roof and vinyl siding
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Two-Unit Duplex Near College
Updated: Aug 20
Two-Unit Duplex Near College

29 Monroe Street, Hillsdale, MI 49242

$229,900
0.18 AC lot
2,852 square feet of interior space on a 0.18‑acre lot
Currently configured as a 2 unit duplex
Layout can be converted to a 6 bedroom, 2 full bath single‑family residence
Walking distance to Hillsdale College and downtown Hillsdale
Front section leased for the 2026/2027 school year
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See hot listings in Hillsdale

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
2 active listings match your search: Multifamily for sale in Hillsdale, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

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 Street, Quincy, MI 49082

$157,000
1,888 sqft 0.26 AC lot

Separate kitchens and living areas provide distinct layouts, with shared laundry hookups in the basement.

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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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7-Unit Apartment Building
7-Unit Apartment Building

190 Maple Street, Concord, MI 49237

$699,000
0.48 AC lot

Brick multifamily property with updated units, basement storage, separate meters, and individual one-car garages.

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Duplex with Separate Unit Layout
Duplex with Separate Unit Layout

210 S Concord Street, Concord, MI 49237

$129,900

Two-level residential property with distinct living spaces, updated mechanical components, and one vacant unit for occupancy or leasing.

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Off-Market Properties in Hillsdale, MI

Consider similar Off-Market properties in Hillsdale, 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.

9 West St
Multifamily properties

9 West St, Hillsdale, MI 49242

Estimated value: by Request
2,290 sqft
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Hillsdale, MI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Hillsdale, MI on our real estate platform.

Sale prices for multifamily properties in Hillsdale, 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

Duplexes 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 15K
Population Growth (5Y) -1.2%
Median Household Income $57,813
College Educated 36.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49242 $229.9K

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $69.53 per SF
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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