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Kalamazoo, MI Apartment Buildings for Sale

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11-Unit Apartment Building Portfolio
Updated: Sep 18
11-Unit Apartment Building Portfolio

838 W Main Street, Kalamazoo, MI 49007

$915,000
8,035 sqft 0.40 AC lot
Three‑building portfolio with 11 total apartment units
8,035 square feet on 0.4 acres
All units are city certified
Shared coin laundry at 838 W Main Street serves all three buildings
Off‑street parking and tenant‑paid utility bill‑backs
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15-Unit Historic Brick Apartment Building
Updated: Sep 11
15-Unit Historic Brick Apartment Building

447 W Walnut Street, Kalamazoo, MI 49007

$950,000
0.31 AC lot
15‑unit apartment building with 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom units
Three‑story brick construction on a 0.31‑acre parcel
Kitchen and bathroom remodels completed in 10 units
Electrical panel upgrades completed for all 15 units
Backup electric heating systems installed in 4 units
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8-Unit Apartment Property
8-Unit Apartment Property

1403-1405 Huntington Avenue, Kalamazoo, MI 49048

$690,000
0.56 AC lot

Two neighboring fourplexes include private outdoor space and on-site laundry.

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8-Unit Apartment Building
8-Unit Apartment Building

1403-1405 Huntington Ave, Kalamazoo, MI 49048

$690,000
6,912 sqft

Two adjacent structures offer a mix of one- and two-bedroom apartments.

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Historic 6-Unit Apartment Buildings
Historic 6-Unit Apartment Buildings

908 S Park Street, Kalamazoo, MI 49001

$375,000
0.22 AC lot

Two-building multifamily asset with fully occupied apartments, separate heating systems, and shared coin-operated laundry.

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16-Unit Apartment Building
16-Unit Apartment Building

1710 E G Avenue, Kalamazoo, MI 49004

$1,270,000
0.86 AC lot

Multifamily property with renovated interiors, a defined two-bedroom and one-bedroom unit mix, and convenient Gull Road access.

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18-Unit Historic Apartment Buildings
18-Unit Historic Apartment Buildings

316/324 Stuart Avenue, Kalamazoo, MI 49007

$1,000,000
0.60 AC lot

Two contiguous historic residences include a carriage house, front porches, laundry facilities, and off-street parking.

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Two Mansion Multifamily with Carriage House
Two Mansion Multifamily with Carriage House

316 Stuart Ave, Kalamazoo, MI 49007

$1,000,000
9,276 sqft

18-unit multifamily formed by two contiguous historic mansions, with a carriage house, porches, off-street parking, and laundry.

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5-Unit Apartment Building
5-Unit Apartment Building

415 Davis Street, Kalamazoo, MI 49007

$223,000
0.17 AC lot

The property contains efficiency and one-bedroom residences, with laundry connections and paved parking.

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Updated 9-Unit Apartment Building
Updated 9-Unit Apartment Building

415 W Walnut Street, Kalamazoo, MI 49007

$624,900
0.16 AC lot

Recent interior work includes new kitchens, appliances, bathrooms, flooring, and modern lighting throughout the apartments.

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Apartment Building with Coin Laundry
Apartment Building with Coin Laundry

908 S Park St, Kalamazoo, MI 49001

$375,000
3,239 sqft

Fully occupied six-unit property with a mixed one- and two-bedroom configuration.

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Fully Leased Apartment Building
Fully Leased Apartment Building

314 W Vine Street, Kalamazoo, MI 49001

$365,000
0.10 AC lot

The property offers six bedrooms, six bathrooms, a basement, and public sewer service.

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Five-Unit Apartment Building
Five-Unit Apartment Building

529 Wheaton Avenue, Kalamazoo, MI 49008

$355,000
0.30 AC lot

Wood-sided multifamily property with off-street parking, a four-stall garage, and central air conditioning.

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Vine Neighborhood Multi-Unit Building
Vine Neighborhood Multi-Unit Building

529 Wheaton Avenue, Kalamazoo, MI 49008

$355,000
13,068 sqft

Five-unit building in Vine Neighborhood with off-street parking.

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5-Unit Apartment Building
5-Unit Apartment Building

515 Locust Street, Kalamazoo, MI 49007

$244,900
0.20 AC lot

Unit mix includes three one-bedroom residences and two studio apartments, with off-street driveway parking on a sizable lot.

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Five-Unit Apartment Building
Five-Unit Apartment Building

232 Woodward Avenue, Kalamazoo, MI 49007

$450,000
0.32 AC lot

Brick-and-stucco residence with varied apartment layouts, driveway parking, and a preserved carriage house.

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Five-Unit Multifamily Investment Opportunity
Five-Unit Multifamily Investment Opportunity

515 Locust Street, Kalamazoo, MI 49007

$244,900
8,712 sqft

Multifamily property in Kalamazoo's Vine Neighborhood, close to universities.

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Victorian Apartment Building
Victorian Apartment Building

916 W Kalamazoo Avenue, Kalamazoo, MI 49007

$600,000
0.57 AC lot

Historic multifamily property with varied residential layouts, shared amenities, and documented mechanical updates.

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Kalamazoo Multi-Unit Investment Opportunity
Kalamazoo Multi-Unit Investment Opportunity

232 Woodward Avenue, Kalamazoo, MI 49007

$475,000
3,118 sqft

Historic 5-unit property near colleges and downtown Kalamazoo.

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33-Unit Brick Apartment Property
33-Unit Brick Apartment Property

2907 S Burdick Street, Kalamazoo, MI 49001

$2,849,999
2.10 AC lot

Two-building multifamily asset with renovated units and updated heating systems.

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Brick Apartment Building
Brick Apartment Building

2907 S Burdick St, Kalamazoo, MI 49001

$2,849,999
36,000 sqft

Thirty-three-unit multifamily property with updated building systems and improvements across two buildings.

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6-Unit Apartment Building
6-Unit Apartment Building

301 Douglas Avenue, Kalamazoo, MI 49007

$259,900
0.16 AC lot

The property combines three one-bedroom apartments with three studio units in Kalamazoo’s Stuart Historic District.

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Historical 15-Unit Apartment Building
Historical 15-Unit Apartment Building

447 W Walnut St, Kalamazoo, MI 49007

$1,000,000
0.31 AC lot

Historical 15-unit apartment building in Kalamazoo's Vine Neighborhood.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

1336 Portage Street, Kalamazoo, MI 49001

$1,365,000
0.18 AC lot

Brick building combines residential units with commercial suites and separately metered electric service.

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Kalamazoo, MI Apartment Buildings Market Trends and Statistics

Explore 36 apartment buildings for sale in Kalamazoo, MI, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 168,434 square feet of properties for sale, with an estimated market value of $23,185,998.

Sale prices for apartment complexes in Kalamazoo, MI start at $59,900, averaging $724,562, and reaching up to $2,849,999 — 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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Demographics Overview

Population 163K
Population Growth (5Y) -1.2%
Median Household Income $64,429
College Educated 36.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49008 $166K
49007 $597.1K
49048 $690K
49001 $1.1M
49004 $1.3M

Taxes & Financing

Tax Rate (average for all types) 4.16%
Property Tax per SF $78.71 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kalamazoo County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Kalamazoo fall within the 5,000 to 10,000 square foot range.

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