Multifamily

Hillsdale, MI Multifamily Properties for Sale

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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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Two-Unit Duplex with Storage
Updated: Sep 13
Two-Unit Duplex with Storage

44 Budlong Street, Hillsdale, MI 49242

$169,000
0.22 AC lot
Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
Separate utilities for each residence
Both units expected to be delivered vacant
0.22‑acre parcel at 44 Budlong Street, Hillsdale, MI 49242
Roof, heating systems, and central air units approximately 7 years old
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Two-Unit Duplex with Basement
Two-Unit Duplex with Basement

86 S Howell Street, Hillsdale, MI 49242

$159,900
0.02 AC lot

Wood-sided duplex with separate living options, public sewer, forced-air heat, and window-unit cooling.

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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
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 with Updated Systems
Two-Unit Duplex with Updated Systems

8 E South Street, Hillsdale, MI 49242

$149,000
0.17 AC lot

Side-by-side residential income property with one occupied unit and one available for new ownership flexibility.

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Two-Unit Duplex with Separate Utilities
Two-Unit Duplex with Separate Utilities

44 Budlong St, Hillsdale, MI 49242

$169,000
2,310 sqft

Separate utilities support independent operation, with a covered front porch and two storage sheds.

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Two-Unit Duplex Property
Two-Unit Duplex Property

86 S Howell St, Hillsdale, MI 49242

$159,900
1,656 sqft

Two residential units offer flexibility for rental occupancy or an owner-occupied arrangement.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 7 Active listings in Hillsdale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Renovated Quadplex with Garage
Renovated Quadplex with Garage

Allen, MI 49227

$229,900
3,900 sqft

Four-unit apartment property with varied layouts, an updated residence, and attached garage-storage space.

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Four-Unit Apartment Building
Four-Unit Apartment Building

118 W Chicago Road, Allen, MI 49227

$229,900
0.25 AC lot

Three apartments occupy the main level, while a larger upstairs apartment adds flexible residential configuration.

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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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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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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:
No data
2,290 sqft
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Hillsdale, MI Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Hillsdale, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 6,818 square feet of properties for sale, with an estimated market value of $1,266,600.

Sale prices for multifamily properties in Hillsdale, MI start at $149,000, averaging $180,942, and reaching up to $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 7
Short term rental properties 2

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 $179.6K

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)

Average Property Price per SF

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

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