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Allegan County, MI Residential Income Properties for Sale

29 results
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Downtown Allegan Redevelopment Opportunity
$349,900
6,600 SF

Downtown Allegan Redevelopment Opportunity

110 Locust St, Allegan, MI 49010

Two contiguous properties ideal for mixed-use redevelopment or commercial investment.

  • Rare downtown Allegan redevelopment opportunity with expanded project potential due to two contiguous properties.
  • Flexibility for mixed‑use redevelopment, commercial investment, or upper‑level residential conversion.
  • Located in Allegan's historic and walkable downtown district with excellent visibility.
  • Proximity to local shops, dining, and the Kalamazoo Riverfront.
  • Potential for street‑level commercial space with upper‑level residential units.
Updated: Mar 4
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Historic Grainery Townhouse Building
$450,000
5,142 SF

Historic Grainery Townhouse Building

721 E Bridge St, Plainwell, MI 49080

Unique 3-unit townhouse with historic character and income potential.

  • Unique historic grainery converted into a 3‑unit townhouse building with original features
  • Strong rental history and income‑producing potential
  • Two upper‑level townhouses with 2 bedrooms, 1 1/2 baths, in‑unit laundry, and rooftop patio access
  • Main‑level unit offers flexible commercial or residential use with a finished lower level
  • Historic caboose on the property utilized as a rental/commercial unit
Updated: Feb 27
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Turnkey Restaurant in Historic Building
$498,000
3,420 SF

Turnkey Restaurant in Historic Building

Fully equipped restaurant with apartment in renovated historic building.

113 N Farmer St, Otsego, MI 49078
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Historic Grainery Converted Townhouse Building
$450,000
0.15 Acres

Historic Grainery Converted Townhouse Building

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

721 E Bridge St, Plainwell, MI 49080
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Downtown Allegan Mixed-Use Building
$750,000
6,072 SF

Downtown Allegan Mixed-Use Building

Redeveloped mixed-use building with retail and residential units.

245 Hubbard St, Allegan, MI 49010
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Saugatuck Mixed-Use Prime Location
$1,000,000
3,690 SF

Saugatuck Mixed-Use Prime Location

Mixed-use property in downtown Saugatuck with commercial and residential units.

133 Mason St, Saugatuck, MI 49453
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Historic Mixed-Use Building in Saugatuck
$2,225,000
9,176 SF

Historic Mixed-Use Building in Saugatuck

Historic brick building with residential and commercial rentals in downtown.

439 Butler St, Saugatuck, MI 49453
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Mixed-Use Investment Opportunity in Allegan
$184,900
3,324 SF

Mixed-Use Investment Opportunity in Allegan

Mixed-use property with income in place in downtown Allegan.

110 Locust St, Allegan, MI 49010
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Mixed-Use Building in Downtown Allegan
$169,900
3,300 SF

Mixed-Use Building in Downtown Allegan

Redevelopment opportunity in a historic, walkable downtown district.

106 Locust St, Allegan, MI 49010
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Saugatuck Multi-Family Investment Opportunity
$1,295,000
3,434 SF

Saugatuck Multi-Family Investment Opportunity

Premier multi-family property in downtown Saugatuck with harbor views.

790 Lake St, Saugatuck, MI 49453
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Historic Farmhouse with Guest Cottages
$1,100,000
3,090 SF

Historic Farmhouse with Guest Cottages

Remodeled farmhouse with cottages, ideal for short-term rentals.

300 N Ferry St, Douglas, MI 49406
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Wayland Multifamily Investment Opportunity
$550,000
0.37 Acres

Wayland Multifamily Investment Opportunity

Four units near Allegan County Park and Wayland amenities.

3078 Sandy Beach St, Wayland, MI 49348
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Charming Duplex in Otsego, MI
$290,000
0.37 Acres

Charming Duplex in Otsego, MI

Spacious duplex with rental income potential near downtown Otsego.

229 W Orleans St, Otsego, MI 49078
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New Duplex in Wayland, MI
$529,000
0.45 Acres

New Duplex in Wayland, MI

New duplex built in 2023, both units currently occupied.

545 N Main St, Wayland, MI 49348
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Riverfront Duplex Investment Opportunity
$200,000
1,012 SF

Riverfront Duplex Investment Opportunity

Two-unit multifamily property near downtown Allegan with river views.

103 River St, Allegan, MI 49010
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Updated Farmhouse on 4 Acres
$400,000
2,496 SF

Updated Farmhouse on 4 Acres

Charming, updated farmhouse with modern amenities on nearly 4 acres.

2037 128Th Ave, Hopkins, MI 49328
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Riverfront Duplex Investment Opportunity
$200,000
2,024 SF

Riverfront Duplex Investment Opportunity

Two-unit property near downtown Allegan with river views.

103 River St, Allegan, MI 49010
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Historic Grainery Converted Townhouse Building
$450,000

Historic Grainery Converted Townhouse Building

Unique 3-unit townhouse with historic features and income potential.

721 E Bridge St, Plainwell, MI 49080
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Historic Mixed-Use Building in Saugatuck
$2,225,000
9,176 SF

Historic Mixed-Use Building in Saugatuck

Two-story brick building with residential and commercial rentals.

439 Butler St, Saugatuck, MI 49453
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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 St, Plainwell, MI 49080
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Saugatuck Multi-Family Investment Opportunity
$1,295,000

Saugatuck Multi-Family Investment Opportunity

Premier multi-family property in downtown Saugatuck with harbor views.

790 Lake St, Saugatuck, MI 49453
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Mixed-Use Investment Opportunity in Allegan
$184,900

Mixed-Use Investment Opportunity in Allegan

Mixed-use property with income in place in downtown Allegan.

110 Locust St, Allegan, MI 49010
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Historic Mixed-Use Building in Saugatuck
$2,225,000

Historic Mixed-Use Building in Saugatuck

Two-story brick building with residential and commercial rentals.

439 Butler St, Saugatuck, MI 49453
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Historic Mixed-Use Buildings in Allegan
$580,000

Historic Mixed-Use Buildings in Allegan

Two mixed-use buildings with office and apartment potential in downtown.

145/149 Brady St, Allegan, MI 49010
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Allegan County, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 32 residential income properties for sale in Allegan County, MI, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 453,198 square feet of properties for sale, with an estimated market value of $9,469,800.

Sale prices for residential income properties in Allegan County, MI start at $91,000, averaging $676,414, 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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