Advertise
    Michigan
    Residential Income

    Allegan County, MI Residential Income Properties for Sale

    Notify Me
    List
    Map
    Detroit, MI Flint, MI Kalamazoo, MI Traverse City, MI Grand Rapids, MI Jackson, MI Muskegon, MI Battle Creek, MI
    43 properties
    Sort:
    Multi-Building Live-Work and Rental
    Updated: Mar 23
    Multi-Building Live-Work and Rental

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft 0.80 AC lot
    Multiple buildings on 4 city lots
    One building most recently used for service and distribution operations
    Another building is currently a multi‑family rental with long‑term tenant history
    Year built: 1908
    Forced‑air heating and broadband available
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    314 & 316 Western Avenue, Allegan, MI 49010

    View Property Analytics

    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $514K
      Above asking

    • Last Sold

      May 2015
      $130K
    View Property Analytics
    Downtown Mixed-Use Building
    Updated: Apr 8
    Downtown Mixed-Use Building

    98 W Center Street, Douglas, MI 49406

    $1,490,000
    4,548 sqft 0.20 AC lot
    Three‑story mixed‑use commercial/residential building in downtown Douglas with two commercial retail units on the main floor
    Remodeled in 2025 and relocated onto a new foundation in 2002
    Approved for three apartments for either short‑term or long‑term rentals, plus a new one‑bedroom lower‑level apartment with patio
    Six private parking spaces and tenants pay utilities
    Central air and forced‑air heating; concrete and wood siding construction
    View details
    Downtown Mixed-Use Building with Restaurant
    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 with three residential rentals above a street-level restaurant, bar, and lounge.

    View details
    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    View details
    Mixed-Use Building with Deck
    Mixed-Use Building with Deck

    245 Hubbard Street, Allegan, MI 49010

    $750,000
    6,072 sqft 0.07 AC lot

    Recently redeveloped mixed-use building with street-level retail/office space and newly renovated residential units upstairs.

    View details
    Short-Term Rental Income Property
    Short-Term Rental Income Property

    2380 S Patterson Road, Shelbyville, MI 49344

    $175,000
    1,782 sqft 0.24 AC lot

    Residential income property near a boat launch, sold as-is, with township approval for short-term use.

    View details
    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    133 Mason Street, Saugatuck, MI 49453

    $950,000
    2,300 sqft

    Downtown Saugatuck mixed-use building with C-1 zoned retail on the main/lower levels and a private-entry 1-bedroom apartment above.

    View details
    Retail Building with Apartment
    Retail Building with Apartment

    111 N Main Street, Plainwell, MI 49080

    $199,500
    2,192 sqft 0.03 AC lot

    Features a large open retail room with front and side display windows plus a 2-bedroom apartment with private entry.

    View details
    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.

    View details
    Luxury Home in Saugatuck-Douglas
    Luxury Home in Saugatuck-Douglas

    218 Westshore, Douglas, MI 49406

    $1,065,000
    4,000 sqft

    New 5-bedroom home near Lake Michigan, ideal for short-term rentals.

    View details
    Three-Unit Multifamily with Carriage House
    Three-Unit Multifamily with Carriage House

    722 Lake Street, Saugatuck, MI 49453

    $1,075,000
    0.25 AC lot

    Three-unit setup with updated living spaces and carriage-house rentals, positioned for short-term stays near downtown access.

    View details
    Downtown Mixed-Use Office-Retail Building
    Downtown Mixed-Use Office-Retail Building

    108 S Main Street, Plainwell, MI 49080

    $220,000
    2,400 sqft 0.06 AC lot

    Mixed-use building combines flexible office/retail space with a remodeled two-bedroom apartment and covered parking.

    View details
    Duplex with Updated Units
    Duplex with Updated Units

    224 Charles Street, Otsego, MI 49078

    $259,000
    1,648 sqft

    Duplex with recent exterior and mechanical updates, plus in-unit laundry and flexible bedroom/office space.

    View details
    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.

    View details
    Enchanting Gardens Near Lake Michigan
    Enchanting Gardens Near Lake Michigan

    955 - 957 W Center Street, Douglas, MI 49406

    $1,125,000
    0.35 AC lot

    Unique property blending luxury, privacy, nature, and investment potential.

    View details
    Historic Grainery Converted Townhouse Building
    Historic Grainery Converted Townhouse Building

    721 E Bridge St, Plainwell, MI 49080

    $425,000
    0.15 AC lot

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

    View details
    Historic Grainery Converted Triplex
    Historic Grainery Converted Triplex

    721 E Bridge Street, Plainwell, MI 49080

    $425,000
    5,142 sqft 0.15 AC lot

    Historic grainery conversion offering three units, including two upper townhouses with rooftop patio access.

    View details
    Historic Mixed-Use Building with Patio
    Historic Mixed-Use Building with Patio

    98 West Center Street, Douglas, MI 49406

    Contact for pricing
    4,532 sqft

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

    View details
    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.

    View details
    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    314 & 316 Western Ave, Allegan, MI 49010

    $400,000
    0.80 AC lot

    Mixed-use property featuring multiple buildings on four city lots.

    View details
    Mixed-Use 5-Unit Downtown Building
    Mixed-Use 5-Unit Downtown Building

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    0.07 AC lot

    Turnkey 5-unit mixed-use building with two main-floor commercial suites and three residential units in Otsego.

    View details
    Renovated Mixed-Use Income Building
    Renovated Mixed-Use Income Building

    118 Hoffman Street, Saugatuck, MI 49453

    Contact for pricing
    3,176 sqft

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

    View details
    Mixed-Use Building in Downtown Allegan
    Mixed-Use Building in Downtown Allegan

    106 Locust Street, Allegan, MI 49010

    $169,900
    3,300 sqft 0.06 AC lot

    Redevelopment opportunity in a historic, walkable downtown district.

    View details

    Allegan County, MI Residential Income Properties Market Trends and Statistics

    Explore 46 residential income properties for sale in Allegan County, MI, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 76,967 square feet of properties for sale, with an estimated market value of $21,861,199.

    Sale prices for residential income properties in Allegan County, MI start at $91,000, averaging $642,976, 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.

    List
    Map

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!