Riverfront Plz & Ely St Area
Room to breathe
1 home for sale·Median $265K·Walkability 5.0/10·Schools 5.3/10
The Riverfront Plz & Ely St Area sits along the Kalamazoo River in Allegan city, where you're steps from downtown shops, restaurants, and that historic Old Iron Bridge. It's a compact 77-acre neighborhood with the river as your constant backdrop and Hanson Park's splash pad just a quick walk away. Homes here average 0.63-acre lots and run around $200K–$400K depending on condition and proximity to the water.
Why people love it here
27,286 sq ft avg lots
- 22 homes
Park-rich area
- 36 parks within 1 mile
- Hanson Park/Splash Pad: 3 min walk
- Mahan Park: 4 min walk
Walkable for daily errands
- Old Regent Theatre: 2 min walk
- 8 places within a 10 min walk
Conventional Mortgage Calculator
Median home price in Riverfront Plz & Ely St Area
Estimated Monthly Payment
$1,799/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Recent Sale Price
$265K
2 recent sales
Parks Nearby
36
within 1 mile
Nearest Park
Hanson Park/Splash Pad
0.1 mi
Flood Risk
None
Not in flood zone
Nearest Park
Hanson Park/Splash Pad
0.1 mi
Parks Nearby
36
within 1 mile
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Village Market Food Center
Pizza Hut
Biggby Coffee
Hanson Park/Splash Pad
Hanson Park Playground
+1 more
Beach in Alpha Manor No 1 Area
Dog Park in Frost Sub Area
Unnamed bike_path
Old Regent Theatre
Based on 7 rated schools nearby
Range: 2/10 to 7/10
School District: Allegan Area Educational Service Agency
Crime in Riverfront Plz & Ely St Area is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Allegan.
Allegan crime & safety stats →To buy a median-priced Riverfront Plz & Ely St Area home (around $265,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $47k/year in household income to qualify — an estimated monthly payment of $1,763 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,763/mo | $47,002 |
| 10% (+PMI) | $2,029/mo | $54,114 |
| 5% (+PMI) | $2,118/mo | $56,493 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Local Government · area-wide
City of Allegan
Source: cityofallegan.org · unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$900/yr in electricity from a typical rooftop solar system
Produces ~6,299 kWh/yr · offsets ~60% of a typical home's use
Resident-arranged hauler (Republic / Waste Management)
Curbside via DPW/contracted hauler; confirm with city.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Regional electric provider.
Confirm by addressAllegan Fire District
City partners with Allegan Fire District.
Services for Allegan · Source: cityofallegan.org
Utility, solar, and service details for Riverfront Plz & Ely St Area are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(2)
Grocery Store
The Grocery Outlet Store
Grocery Store
🍕 Restaurants(6)
+1 more within 5 miles
☕ Coffee(1)
Biggby Coffee
Café
🏫 Schools(16)
School
School
School
+11 more within 5 miles
🌳 Parks(5)
+2 more within 5 miles
🐕 Dog Parks(1)
Dog Park in Frost Sub Area
Dog Park
🚴 Trails(3)
🏥 Hospitals(1)
Hospital
Frequently asked about Riverfront Plz & Ely St Area
- What do homes cost in Riverfront Plz & Ely St Area?
- The median home value in Riverfront Plz & Ely St Area is about $265,000. Individual prices vary by street, size, and condition.
- How active is the Riverfront Plz & Ely St Area housing market?
- there is 1 home for sale in Riverfront Plz & Ely St Area right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Riverfront Plz & Ely St Area?
- Riverfront Plz & Ely St Area is served by Allegan Area Educational Service Agency. Its highest-rated assigned school is Allegan Online K8 (7/10).
- Is Riverfront Plz & Ely St Area walkable?
- Riverfront Plz & Ely St Area scores 5.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.