Kalamazoo MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.86 Acres
Year built:
1973
Baths:
MLS#:
70439124

ADDITIONAL INFORMATION

This 16-unit multi-family property, located just outside Kalamazoo in the thriving Parchment community, presents a prime opportunity for cash flow and long-term growth. The property features 11 two-bedroom, one-bath units, and 5 one-bedroom, one-bath units, all fully renovated along with the common areas. Currently, 15 units are tenant-occupied, and the final unit is in the process of being leased, with several applications submitted. Recent improvements include a resurfaced parking lot, new roof, boiler, and AC units, ensuring low maintenance and minimal future capital expenditures. Conveniently located near Parchment High School, Elementary School, and major manufacturing companies, the property offers easy access to Gull Road and nearby shopping.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


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Kalamazoo Real Estate

The median home value in Kalamazoo, MI is $193,100. This is lower 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 $193,100. 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 49004 has a population of 74,020. Kalamazoo 49004 is less family-centric than the surrounding county with 22.5% 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 49004 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 49004 is 26.1 years.

Kalamazoo Weather

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.

Kalamazoo Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    38
    30-day change

Kalamazoo Schools and Demographics

Education near Kalamazoo, MI

Metric City County
High School Graduates 91.19 94.3
College Degree - 2 year 9.47 9.24
College Degree - 4 year 37.21 40.44
Graduate Degree 10.05 11.67
Expenditures per Student 15,237 15,237
Students per Teacher 17.3 17.3

Elementary Schools near Kalamazoo, MI

School Grades Students P/T Ratio ZIP
Arcadia Elementary School PK - 05 387 16.8 49006
Edison Environmental Science Academy PK - 05 325 12.7 49001
King-Westwood Elementary School KG - 05 549 18.9 49006
Milwood Elementary School PK - 05 378 17.4 49001
Parchment Central Elementary School PK - 05 287 19 49004
Parchment North Elementary School KG - 05 276 19.7 49004
Parchment Northwood Elementary School PK - 05 140 9.5 49004
Parkwood-Upjohn Elementary School PK - 05 536 17.4 49001
Richland Elementary School KG - 02 423 21.2 49083
Spring Valley Center for Exploration PK - 05 327 14.1 49004
Thomas M. Ryan Intermediate School 03 - 05 614 16.5 49083
Woodward School for Technology and Research PK - 05 346 11.6 49007

Middle Schools near Kalamazoo, MI

School Grades Students P/T Ratio ZIP
Gull Lake Middle School 06 - 08 674 17.8 49083
Hillside Middle School 06 - 08 567 20.2 49006
Linden Grove Middle School 06 - 08 737 21.2 49006
Milwood Magnet School 06 - 08 680 19.4 49001
Parchment Middle School 06 - 08 370 21.6 49004

High Schools near Kalamazoo, MI

School Grades Students P/T Ratio ZIP
Gull Lake High School 09 - 12 997 20.9 49083
Kalamazoo Central High School 09 - 12 1,639 20.9 49006
LOY Norrix High School 09 - 12 1,530 20.4 49001
Parchment High School 09 - 12 498 20.7 49004

Ungraded Schools near Kalamazoo, MI

School Grades Students P/T Ratio ZIP
* Gull Lake Gateway Academy 09 - 12 23 23 49083
* Transition Services 11 - 12 23 23 49007
Barclay Hills Education Center 06 - 12 111 18.5 49004
Gull Lake Virtual School 06 - 12 78 25 49083
Kalamazoo RESA West Campus-Young Adult Program 06 - 12 81 8.1 49007

Demographics near Kalamazoo, MI 49004

Metric Zip Code City
Neighborhood Type Suburban
Population 74,020 261,280
Population Density 3,001 465
Median Age 26.1 34.6
People per Household 2.3 2.4
Median Household Income 44,296 61,739
Average Income per Capita 25,305 34,928