Residential Income

Hillsdale, MI Residential Income Properties for Sale

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Three-Unit Triplex with Updated Systems
Updated: Nov 4
Three-Unit Triplex with Updated Systems

2 Reading Avenue, Hillsdale, MI 49242

$229,900
0.24 AC lot
Three‑unit multifamily property on 0.24 acres
Largest unit is vacant; two other units are occupied
Four high‑efficiency furnaces serve the apartments and basement
Built in 1904
Newer metal roof and vinyl siding
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Two-Unit Duplex Near College
Updated: Aug 20
Two-Unit Duplex Near College

29 Monroe Street, Hillsdale, MI 49242

$229,900
0.18 AC lot
2,852 square feet of interior space on a 0.18‑acre lot
Currently configured as a 2 unit duplex
Layout can be converted to a 6 bedroom, 2 full bath single‑family residence
Walking distance to Hillsdale College and downtown Hillsdale
Front section leased for the 2026/2027 school year
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See hot listings in Hillsdale

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
2 active listings match your search: Residential Income for sale in Hillsdale, 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.

Two-Unit Ranch Duplex
Two-Unit Ranch Duplex

19 Hawley Street, Quincy, MI 49082

$157,000
1,888 sqft 0.26 AC lot

Separate kitchens and living areas provide distinct layouts, with shared laundry hookups in the basement.

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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.

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7-Unit Apartment Building
7-Unit Apartment Building

190 Maple Street, Concord, MI 49237

$699,000
0.48 AC lot

Brick multifamily property with updated units, basement storage, separate meters, and individual one-car garages.

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Duplex with Separate Unit Layout
Duplex with Separate Unit Layout

210 S Concord Street, Concord, MI 49237

$129,900

Two-level residential property with distinct living spaces, updated mechanical components, and one vacant unit for occupancy or leasing.

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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.

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.

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

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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.

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Residential Land Near Lake Leann
Residential Land Near Lake Leann

10140 Fairway Drive, Jerome, MI 49249

Contact for pricing
0.21 AC lot

Buildable lot near Lake Leann and golf course.

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Off-Market Properties in Hillsdale, MI

Consider similar Off-Market properties in Hillsdale, 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.

9 West St
Multifamily properties

9 West St, Hillsdale, MI 49242

Estimated value: by Request
2,290 sqft
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Hillsdale, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Hillsdale, MI on our real estate platform.

Sale prices for residential investment properties in Hillsdale, 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
Duplexes 1
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 15K
Population Growth (5Y) -1.2%
Median Household Income $57,813
College Educated 36.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49242 $229.9K

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $69.53 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hillsdale County

New Delisted

Total CRE Inventory on Market (SF)

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