Multifamily

Plainwell, MI Multifamily Properties for Sale

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Otsego, MI Kalamazoo, MI Portage, MI Allegan, MI Oshtemo, MI Parchment, MI Richland, MI Gobles, MI
Historic Mixed-Use Townhouse Property
Updated: Aug 26, 2025
Historic Mixed-Use Townhouse Property

721 E Bridge Street, Plainwell, MI 49080

$425,000
5,142 sqft 0.15 AC lot
5142 square feet on 0.15 acres
3‑unit townhouse building converted from an 1890 grainery
Two upper‑level units with 2 bedrooms, 1 1/2 baths, laundry, and rooftop patio access
Main‑level space supports commercial or residential use
Historic caboose used as a rental or commercial unit
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Historic Grainery Triplex
Updated: Aug 25, 2025
Historic Grainery Triplex

721 E Bridge Street, Plainwell, MI 49080

$425,000
0.15 AC lot
Three‑unit townhouse building converted from a historic grainery
Two upper‑level units each include 2 bedrooms, 1 1/2 baths, laundry, and rooftop patio access
Main‑level unit offers commercial or residential use with a 1/2 bath
Finished lower level includes kitchen, full bath, laundry, and potential for 2 bedrooms
Historic caboose has been utilized as a rental or commercial unit
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See hot listings in Plainwell

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Plainwell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

16-Unit Apartment Building
16-Unit Apartment Building

1710 E G Avenue, Kalamazoo, MI 49004

$1,270,000
0.86 AC lot

Multifamily property with renovated interiors, a defined two-bedroom and one-bedroom unit mix, and convenient Gull Road access.

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Brick Duplex with Separate Utilities
Brick Duplex with Separate Utilities

224-226 Maple Street, Parchment, MI 49004

$237,500
0.20 AC lot

Two residential units offer updated interiors, individual utilities, and private storage sheds in a walkable Parchment setting.

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Updated Duplex with Two Units
Updated Duplex with Two Units

1503 N Westnedge Avenue, Kalamazoo, MI 49007

$119,900
0.07 AC lot

Upper and lower residences offer refreshed finishes, separate living areas, and a practical three-bedroom, two-bathroom layout.

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Two-Unit Duplex with Fenced Yard
Two-Unit Duplex with Fenced Yard

224-226 Maple St, Parchment, MI 49004

$237,500

Each residence offers two bedrooms, one bathroom, an eat-in kitchen, and a separate living room.

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Plainwell, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Plainwell, MI on our real estate platform. These investment opportunities span a total of 5,142 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for multifamily properties in Plainwell, MI average $425,000 — 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
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 average listing prices of real estate assets

Neighborhood Average Price
49080 $425K

Taxes & Financing

Tax Rate (average for all types) 3.54%
Property Tax per SF $71.10 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)

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