Residential Income

Wayland, MI Residential Income Properties for Sale

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Shelbyville, MI Dorr, MI Caledonia, MI Middleville, MI Byron Center, MI Hopkins, MI Allegan, MI Grand Rapids, MI
Multi-Unit Residential Income Property
Updated: Mar 12
Multi-Unit Residential Income Property

3078 Sandy Beach Street, Wayland, MI 49348

$450,000
0.37 AC lot
Four rental units included: Three individual houses and a two‑story studio apartment.
Pole barn (28X40) suitable for boat storage.
All units include essential appliances (stove & refrigerator).
Convenient location: One mile from Allegan County park/boat launch, grocery store, and post office.
Seller provides snow plowing and lawn maintenance.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wayland, 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.

Short-Term Rental Property Near Gun Lake
Short-Term Rental Property Near Gun Lake

2380 S Patterson Road, Shelbyville, MI 49344

$175,000
1,782 sqft 0.24 AC lot

Short-term rental property across from the Gun Lake boat launch, with township approval and forced-air heating plus wall AC.

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Middleville Duplex Investment Opportunity
Middleville Duplex Investment Opportunity

215 S Broadway Street, Middleville, MI 49333

$570,000
0.80 AC lot

Four-bedroom, two-bath duplex in downtown Middleville with rental potential.

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Pole Building with On-Site Residence
Pole Building with On-Site Residence

11316 W M-179, Middleville, MI 49333

$289,000
3,060 sqft 1.00 AC lot

Commercially zoned 1-acre site with a pole building plus a separate residence and full basement.

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Gun Lake Duplex Investment Property
Gun Lake Duplex Investment Property

Shelbyville, MI 49344

$530,000
0.20 AC lot

Updated duplex on Gun Lake with channel frontage.

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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.

C-2 Commercial Land
C-2 Commercial Land

215 S Broadway Street, Middleville, MI 49333

$120,000
0.80 AC lot

A commercial parcel with public water, public sewer, and natural gas availability.

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Middleville Land: Prime Building Spot
Middleville Land: Prime Building Spot

VL Gibson Farms Drive, Middleville, MI 49333

$139,900
5.29 AC lot

5+ acre building spot near Middleville, ideal for dream home.

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

3165 Elk Antler Avenue, Plainwell, MI 49080

$69,000
1.53 AC lot

Wooded residential land for sale in Plainwell, Michigan.

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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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Wayland, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Wayland, MI on our real estate platform.

Sale prices for residential income properties in Wayland, MI average $450,000 — 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 1
Quadplexes 1

Demographics Overview

Population 14K
Population Growth (5Y) +10.6%
Median Household Income $79,267
College Educated 29.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49348 $450K

Taxes & Financing

Tax Rate (average for all types) 3.52%
Property Tax per SF $90.23 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

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