Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to a
Unveiling a completely revitalized, city certified 6-unit property in Kalamazoo, offering top-to-bottom renovations that deliver both modern convenience and timeless appeal! This turnkey investment opportunity comes fully rented, generating $5,490 in monthly income. Each unit features separate electric, enhancing tenant satisfaction and operational efficiency. With immediate cash flow and significant potential for future value appreciation, this property is a fantastic addition to your rental portfolio. Act now, opportunities like this are rare!Available individually or as a 21-unit portfolio MLS 24058041
Introducing a prime investment opportunity in the heart of Kalamazoo! This well-maintained, city-certified four-unit property offers charm, character, and long-term tenant appeal, making it a gem for any savvy or newcomer investor. With over $3,440 in monthly rental income, a two-car detached garage, a spacious storage shed, and numerous updates completed in recent years, this property is also ideal for an owner-occupant looking to invest while earning passive income. Don't miss out on this opportunity.Available individually or part of a 21-unit portfolio MLS 24058041
Don't miss this well-maintained, city-certified 3-unit property in the highly desirable Vine neighborhood of Kalamazoo! With recent mechanical updates, including zoned heating for each apartment and brand-new electrical panels, this units offers both comfort and efficiency. The property features a spacious back deck, a patio, and additional green space, plus a large off-street parking area. Perfect for an owner-occupant or a smart addition to any rental portfolio, this property brings in $3,006 per month in rental income when fully occupied.Available individually or part of a 21 unit rental portfolio MLS 24058041
3 Story duplex located on a quiet street in the heart of the Vine Neighborhood. This duplex has a first floor 2 bedroom unit which features 1 bedroom with egress window and a full bathroom in the basement, along with a 1/4 bath, bedroom, kitchen, dining and living room on the main level. The 2nd and 3rd floor has a spacious 4 bedroom, 1 bath apartment. Covered porch, laundry room in basement, plenty of off-street parking. Unit #1 leased at 950/mo and is month to month lease. Unit #2 is leased at 1200/mo also month to month. Both tenants pay gas and electric.
Cute duplex on near the corner of Mc Courtie and S Westnedge Avenue in the Vine Neighborhood. Current monthly rent is $1625.00 Tenants pay gas and electric. Landlord pays garbage and water/sewer. City certified through February 2025.
Live rent free! Live upstairs and rent out the lower apartment to pay the mortgage. Totally updated duplex. Family owned for 38 yrs. Great opportunity for an investor or owner-occupant looking to subsidize their mortgage payment! Both apartments have huge kitchens with an eat in area. All new flooring and paint. Lower has two bedrooms and the master has a walk-in closet. Other bedroom is spacious with plenty of natural light. Lower living room is spacious with easy access to the front porch. The full bath also has laundry attached. The upper has a one large bedroom and two living rooms. One living room could be used as a second bedroom. Two high efficiency furnaces with two thermostats.Plenty of parking in the rear. Kalamazoo Promise qualified.
Rare Kalamazoo Stuart Historic 9 unit income opportunity with a 9 unit sister house next door!! 9 apartments ,many recently remodeled. large carriage house, incredible front porches, lots of off street parking, laundry, close to campus, walking distance to downtown, K College, entertainment, restaurants and bars and future arena. Purchase of both properties is highly encouraged. Great for owner occupied residence, Seller is Trustee & Beneficiary of Estate and a licensed Broker in the State of Michigan
Rare Kalamazoo Stuart Historic 9 unit income opportunity with a 9 unit sister house next door!! 9 apartments ,many recently remodeled. large carriage house, incredible front porches, lots of off street parking, laundry, close to campus, walking distance to downtown, K College, entertainment, restaurants and bars and future arena. Purchase of both properties is highly encouraged. Great for owner occupied residence, Seller is Trustee & Beneficiary of Estate and a licensed Broker in the State of Michigan
Great investment opportunity in Arcadia Pines, conveniently and centrally located between major shopping and West Michigan University! Catch the Metro bus or walk a mile to the campus, stadium or Corner @Drake to classes, sporting events, or shopping. Enjoy the outdoors on the deck. This duplex has 2 dwelling units side by side, each with four spacious bedrooms and 2.5 baths on each side includes in-unit laundry. Great floor plan that flows with a bedroom, laundry and half bath on the main floor. Owners unit includes these updates: flooring, fresh paint, refrigerator, and furnace. Reserved parking for tenants. 24-hour notice required to schedule tour of tenant unit between 8am-noon. Easy access to Hwy 131. Go Broncos!
Great investment opportunity in Arcadia Pines, conveniently and centrally located between major shopping and West Michigan University! Catch the Metro bus or walk a mile to the campus, stadium or Corner @Drake to classes, sporting events, or shopping. Enjoy the outdoors on the deck. This duplex has 2 dwelling units side by side, each with four spacious bedrooms and 2.5 baths on each side includes in-unit laundry. Great floor plan that flows with a bedroom, laundry and half bath on the main floor. Owners unit includes these updates: flooring, fresh paint, refrigerator, and furnace. Reserved parking for tenants. 24-hour notice required to schedule tour of tenant unit between 8am-noon. Easy access to Hwy 131. Go Broncos!
Prime duplex located adjacent to Kalamazoo College and walking distance to Western Michigan University. Property was recently converted from a single family home into an up/down duplex. Unit 1 features 3 bedrooms, 1 full bathroom collecting $1,350 per month in rent. Unit 2 features 4 bedrooms, 2 full bathroom collecting $1,300. Potential to increase market rents. New furnace and water heater installed in 2022. Tenants pay gas/electric. Landlord pays water/sewer, trash, lawn/snow. Property being sold in combination with 929 W Lovell (vacant parcel/parking parcel) and 925 W Lovell (SF MLS#24055196). Potential to divide package with easement.
Westnedge Hill brick duplex featuring 2 bedroom and 1 bedroom units. Each unit has been updated in the last 12 months with paint, flooring and some tile work. Unit 1 is a 2 bedroom, 1 bathroom with of $906 monthly rent starting November 1, 2024. Unit 2 is a 1 bedroom, 1 bathroom unit with monthly rent of $700. Tenants are responsible for gas and electric. Landlord pays water/sewer, trash, lawn/snow. The roof was replaced in 2023 as well as the back deck off of unit 2. There is a two stall garage on the property as well as laundry facilities in the basement. Property is City Certified until 8/30/2025. Unit 1 lease expires on 11/30/25 and unit 2 lease expires on 1/31/2025.
Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units and much more.There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates.Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
Tranquil country 3 unit rental with long term tenants. Main floor 2 bedroom unit with large kitchen, large living room, laundry room, enclosed porch and access to basement storage with long term tenants. Upper front unit with large living area, large bedroom and spacious kitchen, tenant has lived here 12 years. Upper back efficiency unit with laundry set up on the main level, tenant has lived here 38 years. Separate indoor stair access to each of the units. Beautiful grounds and long term tenants that pay on time this is a great opportunity for any investor. The landlord pays for heat, electric, trash and water. The tenants are responsible for their own phone/internet and cable.
Wonderfully updated 7 apartment building. Price is below market value and all units sold fully furnished. The building consists of 1 2 bedroom apartment with it's own washer and dryer, 3 1 bedroom apartments with separate dining and living and 3 1 bedroom efficiency apartments. Extensive renovations have been carried out including a new roof and newer windows. Units are currently rented as short-term. Property is city certified.
Nice 4 unit close to WMU and K-College. Walking distance to downtown and just around the corner from the new arena being built. One washer/dryer coin operated for the building to use. Plenty of parking on the South side and shared drive on the North side. (Roof shingles down to the wood in 2011 and boiler for heat was replaced in 2008. This info was on previous sellers disclosure.)
Prime location with 2 homes side by side. Each home has 6 bedrooms and 2 bathrooms. Fully leased through August of 2025.
Prime location WMU student rental with 6 bedrooms and 2 bathrooms. Fully leased until August 2025.
Duplex located in the Edison neighborhood. It includes a two bedroom, one bath unit and a three bedroom, one bath unit. Features off-street parking and a storage garage. Both units have been recently refreshed with paint and flooring. Expected gross rent of $2,060. The property is city certified through 07/04/2026.
Great investment opportunity in downtown Kalamazoo! This 3-unit multi-family property offers strong rental potential with two units already occupied and one vacant. The main floor features two 1-bedroom, 1-bath units, both currently rented. The second-floor unit, offering 2 bedrooms and 1 bath, is vacant--providing the perfect opportunity for an owner to live upstairs while renting out the lower two units. With 6 parking spots and a prime location just minutes from downtown Kalamazoo, WMU, and the hospital, this property is an ideal option for investors or owner-occupants looking to generate income.
Build-to-Suit opportunity on a Prime Commercial property located on the NW corner of 12th St & D Ave. 2.75 acres of retail and 6.38 acres of residential/multi-family land. Just off US-131 Highway at the D Avenue exit. This site is in the midst of growth with new developments going both east and west of US131. Build to suit up to 24,000+/- SF of retail on front lot.
Build-to-Suit opportunity on a Prime Commercial property located on the NW corner of 12th St & D Ave. 2.75 acres of retail and 6.38 acres of residential/multi-family land. Just off US-131 Highway at the D Avenue exit. This site is in the midst of growth with new developments going both east and west of US131. Build to suit up to 24,000+/- SF of retail on front lot.
Don't miss this opportunity to own a duplex in the city of Kalamazoo. Close proximity to public transportation, downtown, local shopping, restaurants and colleges. Upstairs apartment offers one bedroom and one full bath, kitchen and living area. Downstairs apartment offers possible two bedrooms, one full bath, kitchen and living area (Fireplace is not operational) Whether you're looking to live in one unit and rent the other, or rent out both, this is a great investment. Updates include many windows, two water heaters and furnaces. Separate entrances and utilities for each unit. Oversized detached garage offers multiple parking, concrete floor and 110 electric. Previously used as wood shop. Being sold AS IS. Also includes an extra lot parcel #06-16-300-021. Schedule your showing today.
Three homes for sale in the Vine neighborhood: 808 Walnut - duplex (2BR & 3BR). 812 Walnut is a single-family home with 4 bedrooms and 2 full bathrooms. 810 Walnut is a single-family home with 2 bedrooms and 1 bathroom. 812 W Walnut to be vacated 10/31/2024. Market Rent for all units is $5,050. Gross current rent is $4,835 per month. See attached document with descriptions of each building.
The median home value in Kalamazoo, MI is $240,000. This is higher than the county median home value of $231,100. The national median home value is $338,100. The average price of homes sold in Kalamazoo, MI is $240,000. Approximately 39.42% of Kalamazoo homes are owned, compared to 50.85% rented, while 9.73% are vacant. Kalamazoo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kalamazoo real estate agent to arrange a tour today!
Kalamazoo, Michigan has a population of 74,020. Kalamazoo is less family-centric than the surrounding county with 25.36% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Kalamazoo, Michigan is $44,296. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Kalamazoo is 26.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.4 inches per year, with 60.3 inches of snow per year.