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    Otsego, MI
    Multifamily

    Otsego, MI Multifamily Properties for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Gobles, MI Portage, MI Hopkins, MI Richland, MI Oshtemo, MI
    Side-by-Side Duplex
    Updated: Nov 7
    Side-by-Side Duplex

    115-117 S Fair Street, Otsego, MI 49078

    $235,000
    0.11 AC lot
    Two side‑by‑side residences, each with 2 bedrooms and 1 1/2 baths
    Separate utilities for each unit
    Updated kitchens with quartz countertops and included appliances
    Newer windows, flooring, furnaces, and water heaters in both units
    Adjoining vacant lot included in the sale
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    Five-Unit Mixed-Use Building
    Updated: Apr 17
    Five-Unit Mixed-Use Building

    120 N Farmer Street, Otsego, MI 49078

    $325,000
    0.07 AC lot
    Five‑unit mixed‑use building with two commercial suites and three residential apartments
    Two main‑floor commercial suites are approximately 950 sq ft each
    Residential mix includes 1‑bedroom, 1‑bath; 2‑bedroom, 1‑bath; and studio units
    Significant updates completed across the units; property is fully occupied
    0.07‑acre lot at 120 N Farmer Street, Otsego, MI 49078
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    See hot listings in Otsego

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    2 active listings match your search: Multifamily for sale in Otsego, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    2-Unit Duplex with Attached Garages
    2-Unit Duplex with Attached Garages

    1240 103rd Avenue, Plainwell, MI 49080

    $325,000
    1.00 AC lot

    Each residence has a basement with egress windows, fenced outdoor space, and a separate storage shed.

    View details
    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    201 Monroe Street, Allegan, MI 49010

    $475,000
    0.24 AC lot

    Updated duplex with separate utilities, an attached garage, off-street parking, and a bright enclosed porch.

    View details
    Duplex with Full Basements
    Duplex with Full Basements

    Plainwell, MI 49080

    $325,000

    Two matching residences each include private outdoor space, a one-car garage, and separate storage.

    View details
    Victorian Commercial Building in Downtown Allegan
    Victorian Commercial Building in Downtown Allegan

    106 Locust St, Allegan, MI 49010

    $169,900
    3,300 sqft 0.06 AC lot

    Two-story commercial building in Allegan's Historical District with renovation potential.

    View details

    Otsego, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Otsego, MI on our real estate platform.

    Sale prices for multifamily properties in Otsego, MI start at $235,000, averaging $280,000, and reaching up to $325,000 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +13.4%
    Median Household Income $77,517
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49078 $325K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.14 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)

    How Realmo verifies these figures

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    Featured Otsego Real Estate Agencies

    Realmo connects you with licensed Otsego CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Welcome Home Real Estate LLC
    1711 Oak St. Otsego, MI
    Phone: (269) 694-9370
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