Allegan, MI Residential Income Properties for Sale

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Updated: Jun 16

Historic Mixed-Use Brick Building

132 Brady Street, Allegan, MI 49010

$350,000

6,941 sqft 0.14 AC lot

6,941 square feet of mixed‑use building area
Built in 1885 with brick construction
0.14‑acre parcel at 132 Brady Street, Allegan, MI 49010
Main level includes a bar and 1‑bedroom apartment
Upper story provides open space for future residential construction

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Updated: Jan 21

Redeveloped Mixed-Use Building

245 Hubbard Street, Allegan, MI 49010

$750,000

6,072 sqft 0.07 AC lot

6072‑square‑foot mixed‑use building on a 0.07‑acre site
Ground‑floor retail or office space with large display windows
Newly renovated residential units with stone countertops and stainless appliances
Outdoor deck with views of the Kalamazoo River
Brick construction with rubber roof, forced‑air heat, and central air

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Mixed-Use Property with Multiple Buildings

314 & 316 Western Avenue, Allegan, MI 49010

$400,000

5,610 sqft 0.80 AC lot

Separate buildings support commercial space and an established multifamily rental use.

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See hot listings in Allegan

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Mixed-Use Property with Multifamily Rental

314316 314 & 316 Western Ave, Allegan, MI 49010

$400,000

5,610 sqft

Multiple buildings across four city lots combine residential occupancy with prior service and distribution use.

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Renovated Two-Unit Duplex

201 Monroe Street, Allegan, MI 49010

$475,000

0.24 AC lot

Updated duplex with separate utilities, an attached garage, off-street parking, and a bright enclosed porch.

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Mixed-Use Building with Retail

245 Hubbard St, Allegan, MI 49010

$750,000

6,072 sqft

Redeveloped property combines commercial space with renovated residential units and a substantial outdoor deck.

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Victorian Commercial Building in Downtown Allegan

106 Locust St, Allegan, MI 49010

$169,900

3,300 sqft 0.06 AC lot

Two-story commercial building in Allegan's Historical District with renovation potential.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Gun Lake Short-Term Rental Property

2380 S Patterson Rd, Shelbyville, MI 49344

$175,000

1,782 sqft

Building positioned across from the Gun Lake launch area with township approval for Airbnb use.

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Historic Mixed-Use Townhouse Property

721 E Bridge Street, Plainwell, MI 49080

$425,000

5,142 sqft 0.15 AC lot

Original architectural elements support flexible residential and commercial configurations across the converted grainery building.

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Duplex with Pole Barn

378 124th Avenue, Shelbyville, MI 49344

$379,900

2.27 AC lot

Two residential units feature vaulted ceilings and separate attached garages on a creek-influenced property.

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Historic Grainery Triplex

721 E Bridge Street, Plainwell, MI 49080

$425,000

0.15 AC lot

Three-unit townhouse building with original grainery details, rooftop patio access, and a flexible main-level unit.

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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.

Vacant Land Near Downtown Allegan

VL North Street, Allegan, MI 49010

Contact for pricing

0.13 AC lot

Vacant land parcel near shopping, dining, parks, schools, riverfront.

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Land for Custom Home

B Rolling Ridge Road, Allegan, MI 49010

$130,000

3.95 AC lot

Land with space, privacy, and intentional living.

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Vacant Land in Pullman, MI

105th Avenue, Pullman, MI 49450

$98,000

5.00 AC lot

5-acre vacant residential land parcel in Pullman, Michigan.

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Fennville Land Development Opportunity

552 3rd Street, Fennville, MI 49408

$875,000

10.76 AC lot

Multi-family development opportunity with municipal utilities access in Fennville, MI.

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Off-Market Properties in Allegan, MI

Consider similar Off-Market properties in Allegan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

110-106 Locust St, Allegan, MI 49010

Estimated value:

No data

6,600 sqft 0.11 AC lot

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Allegan, MI Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Allegan, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 33,605 square feet of properties for sale, with an estimated market value of $3,294,900.

Sale prices for residential income properties in Allegan, MI start at $169,900, averaging $470,700, and reaching up to $750,000 — 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

Demographics Overview

Population 18K

Population Growth (5Y) +4.5%

Median Household Income $72,361

College Educated 22.7%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49010	$470.7K

Taxes & Financing

Tax Rate (average for all types) 3.99%

Property Tax per SF $66.02 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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