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    Allegan, MI
    Residential Income

    Allegan, MI Residential Income Properties for Sale

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    9 properties
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    Redeveloped Mixed-Use Building
    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
    Updated: Mar 23
    Mixed-Use Property with Multiple Buildings

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft 0.80 AC lot
    5,610 square feet across multiple buildings
    0.8‑acre property spanning 4 city lots
    Multifamily rental building with long‑term tenant history
    One building most recently used for service and distribution
    Built in 1908 with forced‑air heating
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    Historic Mixed-Use Brick Building
    Historic Mixed-Use Brick Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot

    Two-story property with a bar, one-bedroom apartment, and adaptable upper-level space.

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    See hot listings in Allegan

    Scored against comparables nationwide. These are worth a look.

    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
    Multi-Building Mixed-Use Property
    Multi-Building Mixed-Use Property

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft

    Separate buildings accommodate multifamily rental use and service and distribution operations.

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    Renovated Two-Unit Duplex
    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 Property with Multifamily Rental
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Mixed-Use Building with Retail
    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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    Renovated 2-Unit Duplex
    Renovated 2-Unit Duplex

    201 Monroe Street, Allegan, MI 49010

    $475,000

    Each residence has its own climate controls, and the property includes an attached garage and enclosed porch.

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    Victorian Commercial Building in Downtown Allegan
    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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    9 active listings match your search: Residential Income for sale in Allegan, MI. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    2-Unit Duplex with Attached Garages
    2-Unit Duplex with Attached Garages

    1240 103rd Avenue, Plainwell, MI 49080

    $325,000
    1.00 AC lot

    Each residence has a basement with egress windows, fenced outdoor space, and a separate storage shed.

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    Two-Unit Duplex with Private Yards
    Two-Unit Duplex with Private Yards

    12247 M 40, Gobles, MI 49055

    $200,000
    1.00 AC lot

    Each residence has laundry, with separate outdoor space and parking arrangements.

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    Duplex with Full Basements
    Duplex with Full Basements

    Plainwell, MI 49080

    $325,000

    Two matching residences each include private outdoor space, a one-car garage, and separate storage.

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    Duplex with Separate Yards
    Duplex with Separate Yards

    12247 M-40, Gobles, MI 49055

    $200,000
    0.80 AC lot

    Each residence has laundry and its own fenced outdoor area.

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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
    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
    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
    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
    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.

    110-106 Locust St
    Multifamily properties

    110-106 Locust St, Allegan, MI 49010

    Estimated value: by Request
    6,600 sqft 0.11 AC lot
    View details

    Allegan, MI Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Allegan, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 39,215 square feet of properties for sale, with an estimated market value of $4,169,900.

    Sale prices for residential investment properties in Allegan, MI start at $169,900, averaging $463,322, 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

    Multifamily properties 5
    Duplexes 2
    Apartment buildings 1

    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 $471.2K

    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)

    How Realmo verifies these figures

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    Popular Searches in Allegan, MI

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    Most Searched ZIP Codes in Allegan, MI

    • 49010

    Featured Allegan Real Estate Agencies

    Realmo connects you with licensed Allegan CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Weichert REALTORS Platinum Grp
    237 Hubbard St Allegan, MI
    Phone: (269) 512-6290
    RE/MAX Executive
    921 Marshall Street Allegan, MI
    Phone: (269) 673-3800
    www.brianmcdonaldhomes.com
    Sneller Real Estate
    209 Hubbard St Allegan, MI 49010
    Phone: (269) 355-1919
    www.snellerrealestate.com
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