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    Saugatuck, MI
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    Saugatuck, MI Multifamily Properties for Sale

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    Downtown Mixed-Use Building with Restaurant
    Updated: Jul 23
    Downtown Mixed-Use Building with Restaurant

    118 Hoffman Street, Saugatuck, MI 49453

    $1,695,000
    3,450 sqft 0.67 AC lot
    Mixed‑use property on Hoffman Street in downtown Saugatuck
    Three residential rental units above a street‑level restaurant, bar, and lounge
    Upper‑level covered porch with views of downtown and glimpses of the Kalamazoo River
    Year built: 1900
    Heating and cooling: forced air heat and central air
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    Three-Unit Multifamily with Carriage House
    Updated: May 21
    Three-Unit Multifamily with Carriage House

    722 Lake Street, Saugatuck, MI 49453

    $1,075,000
    0.25 AC lot
    Three‑unit property with a renovated carriage house converted into two separate rental units
    Main home offers over 2,200 SF with 3+ bedrooms, two full bathrooms, original hardwood floors, and a finished front sun porch
    Primary bedroom on the main floor includes direct access to the porch; additional family room has an attached full bath
    Upstairs features two bedrooms plus a large loft area currently used as additional sleeping space
    Rooftop deck accessed by a sliding door overlooks the rear of the property
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    Duplex with Two Private Garages
    Duplex with Two Private Garages

    6445 Old Allegan Road, Saugatuck, MI 49453

    $549,000
    1.60 AC lot

    Two nearly identical 2-bedroom units are currently month-to-month rented, each with its own full bath, appliances, and garage space.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    722 Lake St, Saugatuck, MI 49453

    $1,100,000
    2,200 sqft

    Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.

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    Remodeled Two-Unit Residential Income
    Remodeled Two-Unit Residential Income

    707 N Maple Street, Saugatuck, MI 49453

    $625,000
    0.29 AC lot

    Two-unit duplex remodeled in 2024 with an attached garage and STR licenses, supporting flexible live-in or rental use.

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    Renovated Mixed-Use Income Building
    Renovated Mixed-Use Income Building

    118 Hoffman Street, Saugatuck, MI 49453

    $1,699,000
    3,176 sqft

    Street-level commercial space plus three newly rebuilt apartments offers flexible live-work or rental income use.

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    Duplex with Storage Building
    Duplex with Storage Building

    6445 Old Allegan Rd, Saugatuck, MI 49453

    $574,900

    Duplex with two 2-bedroom units, each with a garage, plus included 40x40 storage building.

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    Historic Mixed-Use Building in Saugatuck
    Historic Mixed-Use Building in Saugatuck

    439 Butler Street, Saugatuck, MI 49453

    $2,225,000
    9,176 sqft 0.09 AC lot

    Two-story brick building with residential and commercial rentals.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    547 Butler St, Saugatuck, MI 49453

    Contact for pricing

    Two-unit multifamily property offered for sale in Saugatuck, Michigan.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Saugatuck, 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.

    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    98 W Center Street, Douglas, MI 49406

    $1,490,000
    4,548 sqft 0.20 AC lot

    Three-story building includes two retail units on the main level and multiple apartments, with recent 2025 remodeling.

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    Historic Mixed-Use Building with Patio
    Historic Mixed-Use Building with Patio

    98 West Center Street, Douglas, MI 49406

    $1,499,000
    4,532 sqft

    Renovated mixed-use building with street-level commercial suites, three apartments, on-site parking, and a rear garden patio.

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    Two Homes on Wooded Acres
    Two Homes on Wooded Acres

    5479 Liland Trace, Fennville, MI 49408

    $1,375,000
    2,890 sqft 4.50 AC lot

    Two attached homes on 4.5 acres near Lake Michigan.

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    Attached Duplex with Radiant Heat
    Attached Duplex with Radiant Heat

    5479 Liland Trace, Fennville, MI 49408

    $1,375,000
    4.48 AC lot

    Two attached homes on private wooded acres with radiant floor heating and independent living quarters.

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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.

    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Saugatuck, MI Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Saugatuck, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 18,002 square feet of properties for sale, with an estimated market value of $9,542,900.

    Sale prices for multifamily properties in Saugatuck, MI start at $549,000, averaging $1,192,862, and reaching up to $2,225,000 — 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

    Short term rental properties 5
    Duplexes 4
    Triplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 2,729
    Population Growth (5Y) +11.0%
    Median Household Income $101,250
    College Educated 74.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49453 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.49%
    Property Tax per SF $85.03 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)

    Average Property Price per SF

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

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