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    Otsego, MI
    Residential Income

    Otsego, MI Residential Income Properties for Sale

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    6 properties
    Mixed-Use 5-Unit Downtown Building
    Updated: Apr 17
    Mixed-Use 5-Unit Downtown Building

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    0.07 AC lot
    Turnkey investment property with strong, consistent cash flow ($4,030/month gross income) and low expense ratio.
    Prime downtown Otsego location with two commercial suites offering excellent street presence.
    Low‑maintenance due to city‑owned parking, reducing owner responsibilities and costs.
    Versatile unit mix: two commercial suites, a 1‑bedroom, a 2‑bedroom, and a studio apartment.
    All units have been significantly updated, providing a clean, modern feel.
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    Duplex with Separate Utilities
    Updated: Jul 9
    Duplex with Separate Utilities

    518 Lincoln Road, Otsego, MI 49078

    $349,900
    1.22 AC lot
    Duplex in Otsego Township built in 1974 on 1.22 acres
    Two units with separate utilities: one 3BD/2.5BA and one 2BD/1.5BA
    Major updates include 2012 water heaters, furnaces, and air conditioning; 2021 roof and siding
    Both units have basements: one includes finished basement kitchenette; the other has a large basement recreation area
    Heating and cooling: forced air with central air; cable available
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    Updated Duplex with Fenced Yard
    Updated Duplex with Fenced Yard

    224 Charles Street, Otsego, MI 49078

    $259,000
    0.30 AC lot

    Well-maintained duplex in Otsego offering updated major systems and laundry facilities for comfortable day-to-day living.

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    Duplex with Updated Units
    Duplex with Updated Units

    224 Charles Street, Otsego, MI 49078

    $259,000
    1,648 sqft

    Duplex with recent exterior and mechanical updates, plus in-unit laundry and flexible bedroom/office space.

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    Otsego Mixed-Use Investment Opportunity
    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    Contact for pricing
    3,944 sqft

    Turnkey 5-unit mixed-use building in downtown Otsego.

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    Duplex Residential Income Property
    Duplex Residential Income Property

    418 E Franklin Street, Otsego, MI 49078

    Contact for pricing

    Duplex with separate main-level and upstairs units, each with heat, plus a large detached three-car garage.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Otsego, 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.

    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

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    Retail Building with Apartment
    Retail Building with Apartment

    111 N Main Street, Plainwell, MI 49080

    $199,500
    2,192 sqft 0.03 AC lot

    Features a large open retail room with front and side display windows plus a 2-bedroom apartment with private entry.

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    Mixed-Use Building in Downtown Allegan
    Mixed-Use Building in Downtown Allegan

    106 Locust Street, Allegan, MI 49010

    $169,900
    3,300 sqft 0.06 AC lot

    Redevelopment opportunity in a historic, walkable downtown district.

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    Plainwell Multifamily Development Opportunity
    Plainwell Multifamily Development Opportunity

    355 12th Street, Plainwell, MI 49080

    $91,000
    3.04 AC lot

    3+/- acre site zoned for multifamily residential development.

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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.

    Kalamazoo Land Ready For Development
    Kalamazoo Land Ready For Development

    1 Millberg Ridge, Kalamazoo, MI 49009

    $1,200,000
    40.00 AC lot

    Land approved for 40 single family homes near US-131.

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    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    Parcel A D Avenue W, Kalamazoo, MI 49006

    $279,900
    20.10 AC lot

    20.11 acres of residential land in Kalamazoo County.

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    Residential Land in Hunter's Ridge
    Residential Land in Hunter's Ridge

    3127 Elk Antler Avenue, Plainwell, MI 49080

    $75,000
    1.36 AC lot

    Wooded walkout sites available in Plainwell's Hunter's Ridge Development.

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    Residential Land in Hunter's Ridge
    Residential Land in Hunter's Ridge

    3166 Elk Antler Avenue, Plainwell, MI 49080

    $69,000
    1.42 AC lot

    Wooded walkout sites available in Plainwell's Hunter's Ridge Development.

    View details

    Otsego, MI Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Otsego, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,592 square feet of properties for sale, with an estimated market value of $1,242,900.

    Sale prices for residential income properties in Otsego, MI start at $259,000, averaging $310,725, and reaching up to $375,000 — 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 6
    Duplexes 4
    Apartment buildings 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +13.4%
    Median Household Income $77,517
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49078 $333.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.14 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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