Residential Income

Saugatuck, MI Residential Income Properties for Sale

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Vacation Rental with Stone Fireplace
Updated: Oct 20
Vacation Rental with Stone Fireplace

3480 Blue Star Highway, Saugatuck, MI 49453

$1,100,000
3,431 sqft 0.42 AC lot
Four bedrooms and two bathrooms
C‑2 zoning
Built in 1920
La Cornue range and dual kitchen islands
French doors open to landscaped gardens and outdoor entertaining areas
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Mixed-Use Property with Restaurant
Updated: Jul 23
Mixed-Use Property with Restaurant

118 Hoffman Street, Saugatuck, MI 49453

$1,695,000
3,450 sqft 0.67 AC lot
Three residential rental units above a restaurant, bar, and lounge
3,450‑square‑foot building on a 0.67‑acre lot
Covered upper‑level porch with downtown views and glimpses of the Kalamazoo River
Located near Saugatuck shops, galleries, waterfront areas, and dining
Built in 1900 and renovated
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Waterfront Bed & Breakfast Home
Waterfront Bed & Breakfast Home

787 Lake Street, Saugatuck, MI 49453

$1,599,000
2,744 sqft 0.97 AC lot

Newly remodeled furnished 7-bed, 6-bath waterfront home within an 11-unit association with shared pool and private hot tub.

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Waterfront Bed & Breakfast
Waterfront Bed & Breakfast

787 Lake St Unit 11, Saugatuck, MI 49453

$1,599,000
2,744 sqft

Remodeled, furnished waterfront property with private docks, shared pool access, and outdoor entertaining areas.

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Three-Unit Property with Rooftop Deck
Three-Unit Property with Rooftop Deck

722 Lake Street, Saugatuck, MI 49453

$995,000
0.25 AC lot

Three-unit layout with a main residence and two renovated carriage-house accommodations near downtown Saugatuck.

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Duplex with Covered Porches
Duplex with Covered Porches

345 Mary Street, Saugatuck, MI 49453

$849,000
0.20 AC lot

Flexible interiors support independent living areas or combination use as one larger residence.

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Duplex With Detached Storage Building
Duplex With Detached Storage Building

6445 Old Allegan Road, Saugatuck, MI 49453

$549,000
1.60 AC lot

Two-unit property near downtown and Kalamazoo River access, with individual garage space and month-to-month occupancy.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

722 Lake St, Saugatuck, MI 49453

$995,000
2,200 sqft

Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.

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Duplex with Storage Building
Duplex with Storage Building

6445 Old Allegan Road, Saugatuck, MI 49453

$549,000
69,696 sqft

Duplex with two 2-bedroom units, each with a garage, plus included 40x40 storage building.

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Duplex With Flexible Layout
Duplex With Flexible Layout

345 Mary St, Saugatuck, MI 49453

$890,000

Two independent living areas include separate laundry and covered front porches.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

118 Hoffman St, Saugatuck, MI 49453

$1,695,000

Three residential units sit above a redesigned restaurant, bar, and lounge in downtown Saugatuck.

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Waterfront Short-Term Rental Home
Waterfront Short-Term Rental Home

11-787 Lake St, Saugatuck, MI 49453

$1,599,000

Remodeled, furnished waterfront home with private outdoor amenities and access to shared association facilities.

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Historic Mixed-Use Building in Saugatuck
Historic Mixed-Use Building in Saugatuck

439 Butler Street, Saugatuck, MI 49453

$2,225,000
9,176 sqft 0.09 AC lot

Two-story brick building with residential and commercial rentals.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 Active listings in Saugatuck, 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.

Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

98 W Center Street, Douglas, MI 49406

$1,490,000
4,548 sqft 0.20 AC lot

Downtown property pairs rental apartments with adaptable ground-floor retail and private parking.

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Motel with Monthly Rentals
Motel with Monthly Rentals

1159 S Shore Drive, Holland, MI 49423

$1,850,000
6,000 sqft 0.80 AC lot

Operating motel property with monthly rentals, a garage apartment, private residence, and proximity to Lake Macatawa.

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Luxury Home in Saugatuck-Douglas
Luxury Home in Saugatuck-Douglas

218 Westshore, Douglas, MI 49406

$1,065,000
4,000 sqft

New 5-bedroom home near Lake Michigan, ideal for short-term rentals.

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Historical Motel with Lake Access
Historical Motel with Lake Access

1159 S Shore Drive, Holland, MI 49423

$1,850,000
0.80 AC lot

Operating monthly-rental property with motel units, a garage apartment, and a private residence near Lake Macatawa.

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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.

Oversized Building Sites in Saugatuck
Oversized Building Sites in Saugatuck

1020 Allegan Street, Saugatuck, MI 49453

$995,000
0.50 AC lot

Two adjoining building sites offer flexibility in sought-after lake town.

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Wooded Land in Saugatuck, MI
Wooded Land in Saugatuck, MI

110 Park Street, Saugatuck, MI 49453

$525,000
1.98 AC lot

1.98 acres near downtown, beaches, and Kalamazoo Lake.

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Vacant Lot Overlooking Golf Course
Vacant Lot Overlooking Golf Course

134th Ave V/L, Saugatuck, MI 49453

$298,000
1.43 AC lot

1.43-acre vacant lot in prime location near downtown Saugatuck.

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Douglas, MI Homesite Opportunity
Douglas, MI Homesite Opportunity

158 St Peters Drive, Douglas, MI 49406

$275,000
0.18 AC lot

Homesite in exclusive development near Lake Michigan beaches.

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Saugatuck, MI Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Saugatuck, MI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 93,441 square feet of properties for sale, with an estimated market value of $16,339,000.

Sale prices for residential investment properties in Saugatuck, MI start at $549,000, averaging $1,256,846, and reaching up to $2,225,000 — 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 12
Short term rental properties 9
Duplexes 4
Triplexes 3
Apartment buildings 1

Demographics Overview

Population 2,729
Population Growth (5Y) +11.0%
Median Household Income $101,250
College Educated 74.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49453 $1.2M

Taxes & Financing

Tax Rate (average for all types) 2.49%
Property Tax per SF $85.03 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)

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