201 Monroe Street, Allegan, MI 49010 (MLS# 26041700)

201 Monroe Street, Allegan, MI 49010

New Listing

$475,000

Property Type: Multi Family Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $475,000 List Date: 8/10/2026 Last Modified: 8/10/2026

Overview

Description

This fully renovated 2-unit multi-family property in Allegan offers a substantial parcel size, representing an exceptional turnkey investment with immediate income potential. The updated interior spaces highlight clean modern finishes throughout, including completely refreshed kitchens with stainless steel appliances, white shaker cabinets, updated countertops, and luxury flooring. Featuring an attached garage, dual climate control setups, separate utilities, off-street parking, and a large bright enclosed porch, this property requires zero initial work and is primed for savvy buyers looking for reliable cash flow and strong long-term value under one ownership structure. Call to schedule a private tour.

Listing Details MLS# 26041700

Location Property Info

County: Allegan
Street #: 201
Street Name: Monroe
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1274

General Property Info

Lot Measurement: Acres
Lot Square Footage: 10019
Lot Acres: 0.24
Lot Dimensions: 79.5 x 128.70
Year Built: 1900
New Construction: No
Road Frontage: 80
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3131
Total Parking Spaces: 4
Waterfront: No
School District: Allegan
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 03-51-105-150-00
Taxable Value: 79100
SEV: 79100
For Tax Year: 2026
Seller's Annual Property Tax: 4705.64
Tax Year: 2025
Spec Assessment & Ty: None known
Zoning: R2 SFR
Homestead %: 0

Remarks Misc

Directions: Grand St to Monroe, across from Jaycee Park

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: Lower Unit
Bathrooms: 2
Full Baths: 2
Central Air: Yes
Dishwasher: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit Description: Upper Unit
Bathrooms: Yes
Full Baths: Yes
Central Air: Yes
Dishwasher: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Monroe and Chestnut
Property Sub-Type: 2 to 4 Units
Municipality: Allegan City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 151.71

Remarks & Misc

Public Remarks: This fully renovated 2-unit multi-family property in Allegan offers a substantial parcel size, representing an exceptional turnkey investment with immediate income potential. The updated interior spaces highlight clean modern finishes throughout, including completely refreshed kitchens with stainless steel appliances, white shaker cabinets, updated countertops, and luxury flooring. Featuring an attached garage, dual climate control setups, separate utilities, off-street parking, and a large bright enclosed porch, this property requires zero initial work and is primed for savvy buyers looking for reliable cash flow and strong long-term value under one ownership structure. Call to schedule a private tour.
Legal: LOT 171 & E 30 FT OF LOT 172 O. P. SEC 28.

Lot Description

Corner Lot: Yes
Level: Yes
Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Unit: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Sewer: Yes
Water: Yes

Driveway

Paved: Yes

Substructure

Full: Yes

Owner Pays

Gas: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Unit Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Lot Description: Corner Lot; Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water Owner Pays: Gas Tenant Pays: Electric; Sewer; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Dishwasher; Range Oven; Refrigerator; Washer/Dryer Unit 2: Central Air; Dishwasher; Range/Oven; Refrigerator; Washer/Dryer

Listing Office: Weichert REALTORS Plat Allegan

Listing Agent: Benjamin M Otis

Last Updated: August - 10 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.