Residential Income

Saugatuck, MI Residential Income Properties for Sale

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Renovated Mixed-Use Property
Updated: Jul 23
Renovated Mixed-Use Property

118 Hoffman Street, Saugatuck, MI 49453

$1,695,000
3,450 sqft 0.67 AC lot
3,450 SF mixed‑use property
Three residential rental units over a street‑level restaurant, bar, and lounge
0.67‑acre site at 118 Hoffman Street, Saugatuck, MI 49453
1900 construction with renovation work completed
Covered upper‑level porch with downtown and Kalamazoo River views
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Waterfront Bed & Breakfast Home
Updated: Mar 16
Waterfront Bed & Breakfast Home

787 Lake Street, Saugatuck, MI 49453

$1,599,000
2,744 sqft 0.97 AC lot
7‑bedroom, 6‑bath waterfront home with year built 1920
Newly remodeled and furnished; high‑end furniture included in the sale
Four‑season front porch plus back patio for outdoor use and a private hot tub
Part of an 11‑unit association with a shared pool
Includes 2 association premier end docks for owners’ use, with a gate
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Three-Unit Property with Rooftop Deck
Three-Unit Property with Rooftop Deck

722 Lake Street, Saugatuck, MI 49453

$1,050,000
0.25 AC lot

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

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See what stands out in Allegan 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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NOI available after sign in
Local Demand available after sign in
Three-Unit Residential Income Property
Three-Unit Residential Income Property

722 Lake St, Saugatuck, MI 49453

$1,050,000
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 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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Updated Duplex Near Downtown
Updated Duplex Near Downtown

707 N Maple Street, Saugatuck, MI 49453

$625,000
0.29 AC lot

Two residential units offer separate layouts, with one including an attached garage and both refreshed in 2024.

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Duplex Property with Two Homes
Duplex Property with Two Homes

1019-1021 Elizabeth, Saugatuck, MI 49453

$725,000
0.75 AC lot

Bundled corner parcels include two homes, a detached garage, and direct access to a nature preserve.

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Remodeled Duplex
Remodeled Duplex

707 North Maple Street, Saugatuck, MI 49453

$645,000
12,632 sqft

Two separate residences include a one-bedroom unit with an attached garage and a two-bedroom unit.

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Duplex with Storage Building
Duplex with Storage Building

6445 Old Allegan Road, Saugatuck, MI 49453

$574,900
69,696 sqft

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

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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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Renovated Mixed-Use Income Building
Renovated Mixed-Use Income Building

118 Hoffman Street, Saugatuck, MI 49453

$1,695,000

Street-level commercial space plus three newly rebuilt apartments offers flexible live-work or rental income use.

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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 20 Potential Opportunities for your consideration. Besides 12 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

Remodeled property combines flexible retail space with approved residential rental units.

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Two Homes on Wooded Acres
Two Homes on Wooded Acres

5479 Liland Trace, Fennville, MI 49408

$1,375,000
2,890 sqft 4.50 AC lot

Two attached homes on 4.5 acres near Lake Michigan.

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Duplex with Independent Living Quarters
Duplex with Independent Living Quarters

5479 Liland Trace, Fennville, MI 49408

$1,375,000
4.48 AC lot

Two connected residences provide flexible living arrangements with barrier-free access, outdoor areas, and separate household spaces.

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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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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 12 residential income properties for sale in Saugatuck, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 99,898 square feet of properties for sale, with an estimated market value of $14,031,900.

Sale prices for residential income properties in Saugatuck, MI start at $549,000, averaging $1,169,325, 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 8
Duplexes 5
Triplexes 4
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 $1.1M

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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