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    Allen, MI
    Residential Income

    Allen, MI Residential Income Properties for Sale

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    Litchfield, MI Reading, MI Hillsdale, MI Quincy, MI Jonesville, MI Coldwater, MI Homer, MI Montgomery, MI
    Four-Unit Apartment Building
    Updated: Jul 27
    Four-Unit Apartment Building

    118 W Chicago Road, Allen, MI 49227

    $229,900
    0.25 AC lot
    Four‑unit apartment building with three main‑level apartments and one upstairs apartment
    Apartment A has been renovated
    Attached garage and storage building
    0.25‑acre parcel along US‑12
    Built in 1900 with vinyl siding and a composition roof
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    Renovated Quadplex with Garage
    Updated: Jul 26
    Renovated Quadplex with Garage

    Allen, MI 49227

    $229,900
    3,900 sqft
    Four‑unit apartment building with three main‑level residences and one upstairs apartment
    One main‑level apartment has been renovated
    Attached garage and storage building
    Built in 1900
    Located on US‑12 between Jonesville and Coldwater
    View details
    See what stands out in Hillsdale County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Allen, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Two-Unit Duplex with Conversion Potential
    Two-Unit Duplex with Conversion Potential

    29 Monroe St, Hillsdale, MI 49242

    $229,900
    2,852 sqft

    Flexible residential income property with distinct living areas, multiple bedrooms, and proximity to Hillsdale College and downtown.

    View details
    Two-Unit Ranch Duplex
    Two-Unit Ranch Duplex

    19 Hawley Street, Quincy, MI 49082

    $159,000
    1,888 sqft 0.26 AC lot

    Separate residential units share a full basement with laundry hookups and public water service.

    View details
    Two-Unit Ranch Duplex
    Two-Unit Ranch Duplex

    19 Hawley St, Quincy, MI 49082

    $159,000
    1,888 sqft

    One-story configuration with separate kitchens, a carport, and shared basement laundry hookups.

    View details
    Two-Unit Duplex Near College
    Two-Unit Duplex Near College

    29 Monroe Street, Hillsdale, MI 49242

    $229,900
    0.18 AC lot

    Flexible interior arrangement includes two kitchens, two full baths, laundry areas, and multiple living spaces.

    View details

    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.

    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    Commercial land offering substantial road frontage, cable availability, and proximity to established national retailers.

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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    Commercial land with state-highway frontage and cable availability.

    View details
    Hillsdale Mixed-Use Development Opportunity
    Hillsdale Mixed-Use Development Opportunity

    55 McClellan Street, Hillsdale, MI 49242

    $900,000
    2.47 AC lot

    2.47-acre site near Hillsdale College with mixed-use potential.

    View details
    Waterfront Hunting Land with Two Lakes
    Waterfront Hunting Land with Two Lakes

    5100 Long Lake Road, Reading, MI 49274

    $449,900
    60.70 AC lot

    60.7 acres near Reading includes improved access to a former homesite and waterfront on Berry Lake and Mud Lake.

    View details

    Allen, MI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Allen, MI on our real estate platform. These investment opportunities span a total of 3,900 square feet of properties for sale, with an estimated market value of $459,800.

    Sale prices for residential income properties in Allen, MI average $229,900 — 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 2
    Quadplexes 2

    Demographics Overview

    Population 1,210
    Population Growth (5Y) +7.0%
    Median Household Income $51,848
    College Educated 19.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49227 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.94%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsdale County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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