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Otsego, MI Multifamily Properties for Sale

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Downtown Otsego Mixed-Use Investment
$375,000
0.07 Acres

Downtown Otsego Mixed-Use Investment

120 N Farmer Street, Otsego, MI 49078

Turnkey 5-unit building with strong income in downtown Otsego.

  • Turnkey investment property with strong, consistent cash flow ($4,030/month gross income) and low expense ratio.
  • Prime downtown Otsego location with two commercial suites offering excellent street presence.
  • Low‑maintenance due to city‑owned parking, reducing owner responsibilities and costs.
  • Versatile unit mix: two commercial suites, a 1‑bedroom, a 2‑bedroom, and a studio apartment.
  • All units have been significantly updated, providing a clean, modern feel.
Updated: Apr 17
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Turnkey Restaurant in Historic Building
$498,000
3,420 SF

Turnkey Restaurant in Historic Building

113 N Farmer Street, Otsego, MI 49078

Fully equipped restaurant with apartment in renovated historic building.

  • Turnkey restaurant opportunity with real estate and FF&E included.
  • Newly renovated and restored historical building (125+ years old).
  • Fully equipped kitchen suitable for diverse menu options.
  • Includes a remodeled 900 s.f., 2‑bedroom apartment on the 2nd floor.
  • Seating capacity for 65‑70 customers with kitchen capacity to support higher volume.
Updated: Dec 15, 2025
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Updated Duplex in Otsego
$199,900
0.09 Acres

Updated Duplex in Otsego

Updated duplex, ideal for owner-occupant or investment.

241 Helen Avenue, Otsego, MI 49078
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Updated Duplex in Otsego
$214,900

Updated Duplex in Otsego

Updated duplex, ideal for owner-occupancy or investment.

241 Helen Ave, Otsego, MI 49078
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Plainwell Duplex: Stable Income Property
$264,888
0.32 Acres

Plainwell Duplex: Stable Income Property

Well-maintained duplex with long-term tenants and strong cash flow.

143 Floral Avenue, Plainwell, MI 49080
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Kalamazoo Duplex on 1.42 Acres
$285,000
1.42 Acres

Kalamazoo Duplex on 1.42 Acres

Duplex with income potential on a 1.42-acre lot.

8131-8133 Ravine Road, Kalamazoo, MI 49009
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Plainwell Multifamily Development Opportunity
$91,000
3.04 Acres

Plainwell Multifamily Development Opportunity

3+/- acre site zoned for multifamily residential development.

355 12th Street, Plainwell, MI 49080
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Kalamazoo Duplex on 1.42 Acres
$285,000
2,220 SF

Kalamazoo Duplex on 1.42 Acres

Income-generating duplex on a large lot near Kalamazoo amenities.

8131-8133 Ravine Rd, AlamoTownship_, Kalamazoo, MI 49009
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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
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
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Recreational Land in Gated Community
$44,000
0.75 Acres

Recreational Land in Gated Community

0.75-acre lot with hookups in White Birch Lakes Association.

4537 Pine Run, Farwell, MI 48622
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University Park Developable Land
Contact for pricing
3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484
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Residential Lot in Prudenville, MI
Contact for pricing
0.48 Acres

Residential Lot in Prudenville, MI

Partially wooded lot, perfect for a mobile home.

206 Middle Drive, Prudenville, MI 48651
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Otsego, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Otsego, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,420 square feet of properties for sale, with an estimated market value of $498,000.

Sale prices for multifamily properties in Otsego, MI start at $498,000, averaging $498,000, and reaching up to $498,000 — 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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