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    Allegan, MI Residential Income Properties for Sale

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    Otsego, MI Hopkins, MI Bloomingdale, MI
    9 listings
    Downtown Allegan Mixed-Use Building
    $750,000
    6,072 SF
    Downtown Allegan Mixed-Use Building

    245 Hubbard Street, Allegan, MI 49010

    Redeveloped mixed-use building with retail and residential units.
    • Unrivaled enormous outdoor deck space with Kalamazoo River views.
    • Newly renovated residential units with stone countertops and stainless appliances.
    • Prime downtown Allegan location with high foot traffic and street visibility.
    • Versatile mixed‑use building suitable for investors or business owners.
    • Spacious ground‑floor retail/office space.
    Updated: Jan 21
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    Mixed-Use Property in Allegan, MI
    $400,000
    5,610 SF
    Mixed-Use Property in Allegan, MI

    314 & 316 Western Avenue, Allegan, MI 49010

    Mixed-use property with commercial and residential potential in Allegan.
    • Multiple buildings on 4 city lots offer diverse potential.
    • Includes a multi‑family residential rental with long‑term tenant history.
    • Suitable for live/work opportunities or investment income.
    • One building previously used for a large‑scale service and distribution company.
    • Broadband and cable available.
    Updated: Mar 23
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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 Street, 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 Street, Allegan, MI 49010

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

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

    110 106 Locust Street, Allegan, MI 49010

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    Downtown Allegan Mixed-Use Building
    $750,000
    Downtown Allegan Mixed-Use Building

    Redeveloped mixed-use building in downtown Allegan with residential units.

    245 Hubbard St, Allegan, MI 49010

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    Historic Mixed-Use Buildings in Allegan
    $580,000
    0.09 Acres
    Historic Mixed-Use Buildings in Allegan

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

    145/149 Brady Street, Allegan, MI 49010

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    Mixed-Use Property with Income Potential
    $400,000
    0.80 Acres
    Mixed-Use Property with Income Potential

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

    314 & 316 Western Ave, Allegan, MI 49010

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

    Two contiguous properties for mixed-use redevelopment in historic Allegan.

    110 106 Locust Street, Allegan, MI 49010

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 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.

    Mixed-Use Property in Gobles, MI
    $245,000
    1,630 SF
    Mixed-Use Property in Gobles, MI

    Versatile mixed-use property with income potential in Gobles, Michigan.

    13434 M 40, Gobles, MI 49055

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    Gobles Duplex with New Roof
    $189,900
    0.40 Acres
    Gobles Duplex with New Roof

    Duplex in the heart of Gobles with a new roof.

    207 N State Street, Gobles, MI 49055

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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 Street, Otsego, MI 49078

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    Updated Duplex in Otsego
    $214,900
    Updated Duplex in Otsego

    Updated duplex, ideal for owner-occupancy or investment.

    241 Helen Ave, Otsego, MI 49078

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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
    Contact for pricing
    0.13 Acres
    Vacant Land Near Downtown Allegan

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

    VL North Street, Allegan, MI 49010

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    Vacant Land in Pullman, MI
    $135,000
    5.00 Acres
    Vacant Land in Pullman, MI

    5-acre vacant residential land parcel with road frontage.

    105TH AVENUE, Pullman, MI 49450

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    Vacant Land in Pullman, MI
    $135,000
    5.00 Acres
    Vacant Land in Pullman, MI

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

    105th Avenue, Pullman, MI 49450

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    Plainwell Wooded Land For Sale
    $99,900
    2.82 Acres
    Plainwell Wooded Land For Sale

    2.82 acres of wooded land with city utilities available.

    V/L Bronson Avenue, Plainwell, MI 49080

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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
    6,600 SF Lot: 0.11 Acres
    Value Estimation by Request

    110-106 Locust St, Allegan, MI 49010

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    Allegan, MI Residential Income Properties Investment Opportunities Market Analysis

    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 31,506 square feet of properties for sale, with an estimated market value of $2,204,600.

    Sale prices for residential income properties in Allegan, MI start at $169,900, averaging $367,433, 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 4
    Apartment buildings 2
    Quadplexes 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 $437.2K

    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)

    Average Property Price per SF

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

    Retail

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