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    Plainwell, MI Multifamily Properties for Sale

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    Otsego, MI Kalamazoo, MI Portage, MI
    Plainwell Duplex: Stable Income Property
    $249,999
    2,112 SF

    Plainwell Duplex: Stable Income Property

    143 Floral Avenue, Plainwell, MI 49080

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

    • Strong, stable cash flow with long‑term tenants in place through 2027.
    • Spacious 2‑bedroom, 1‑bath units (approx. 1,056 sq ft each).
    • Each unit includes in‑unit laundry and separate utilities.
    • Tenants cover all major utilities, keeping owner expenses low.
    • Located within Plainwell Schools and close to downtown amenities, parks, and major roadways.
    Updated: Apr 1
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    Retail Building with Apartment
    $199,500
    2,192 SF

    Retail Building with Apartment

    111 N Main Street, Plainwell, MI 49080

    Retail space with apartment in downtown Plainwell.

    • Prime downtown location at the main intersection in Plainwell.
    • Mixed‑use property: retail space with a 2‑bedroom apartment for living or rental income.
    • Large open retail space (1096 sq ft) with abundant natural light and display windows.
    • Full basement provides ample storage space.
    • Newer boiler for the main floor, recently state inspected.
    Updated: Apr 14
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    Plainwell Duplex: Investor Opportunity
    $234,000
    0.21 Acres

    Plainwell Duplex: Investor Opportunity

    Income-producing duplex in Plainwell, Michigan with tenant leases in place.

    221 S Woodhams Street, Plainwell, MI 49080
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    Historic Grainery Multi-Unit Townhouse
    $425,000
    0.15 Acres

    Historic Grainery Multi-Unit Townhouse

    Unique income-producing property with endless possibilities in Plainwell, MI.

    721 E Bridge Street, Plainwell, MI 49080
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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
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Plainwell, 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.

    Otsego Multifamily Investment Opportunity
    $299,900
    1,648 SF

    Otsego Multifamily Investment Opportunity

    Well-maintained duplex in Otsego, MI. Perfect for investors.

    224 Charles Street, Otsego, MI 49078
    View details
    Kalamazoo Duplex on 1.42 Acres
    $285,000
    2,220 SF

    Kalamazoo Duplex on 1.42 Acres

    Duplex with income potential on a 1.42-acre lot.

    8131-8133 Ravine Road, Kalamazoo, MI 49009
    View details
    Downtown Otsego Mixed-Use Investment
    $375,000
    0.07 Acres

    Downtown Otsego Mixed-Use Investment

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

    120 N Farmer Street, Otsego, MI 49078
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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
    View details

    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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    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres

    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836
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    Lakefront Land Parcel For Sale
    $284,900
    2.67 Acres

    Lakefront Land Parcel For Sale

    2.67-acre lakefront parcel with mobile home near Silver Lake ORV.

    2605 N 34th, Mears, MI 49436
    View details
    RV Site in Recreational Paradise
    $35,000
    0.16 Acres

    RV Site in Recreational Paradise

    RV site with amenities near Manistee National Forest.

    5121 Oak Lane, Custer, MI 49405
    View details

    Plainwell, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Plainwell, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,304 square feet of properties for sale, with an estimated market value of $449,499.

    Sale prices for multifamily properties in Plainwell, MI start at $199,500, averaging $224,749, and reaching up to $249,999 — 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

    Duplexes 4
    Apartment buildings 3
    Triplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -5.0%
    Median Household Income $75,250
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49080 $260.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.54%
    Property Tax per SF $71.10 per sq ft
    Average Loan-to-Value 65.0%

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