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    Kalamazoo, MI Apartment Buildings for Sale

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    Portage, MI Parchment, MI Oshtemo, MI
    31 results
    Turnkey Investment Opportunity in Kalamazoo
    $317,000
    4,000 SF
    Turnkey Investment Opportunity in Kalamazoo

    755 Portage Street, Kalamazoo, MI 49001

    Three-unit property with development potential, strong rental income, and parking.
    • Strong rental income from 3 units.
    • Additional development potential with two included lots.
    • Turnkey investment opportunity.
    • New HVAC system, water heater, and spray foam insulation.
    • Off‑street parking.
    Updated: May 20
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    Kalamazoo Multifamily Investment Opportunity
    $1,500,000
    8,772 SF
    Kalamazoo Multifamily Investment Opportunity

    1500 Fraternity Village Drive, Kalamazoo, MI 49006

    Leased sorority house with income potential in Kalamazoo, Michigan.
    • Leased to a sorority for the past 18 years
    • 16 bedrooms plus a dedicated house‑mother suite
    • Commercial‑grade kitchen and on‑site laundry facilities
    • Recent upgrades include a new roof and laminate flooring throughout
    • Central air and forced‑air heating
    Updated: Nov 25, 2025
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    Historic Kalamazoo Multifamily Income Opportunity
    $1,000,000
    0.60 Acres
    Historic Kalamazoo Multifamily Income Opportunity

    Two historic mansions with 18 apartments near downtown Kalamazoo.

    316/324 Stuart Avenue, Kalamazoo, MI 49007

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    Kalamazoo Multi-Unit Investment Opportunity
    $475,000
    0.32 Acres
    Kalamazoo Multi-Unit Investment Opportunity

    Historic Kalamazoo multi-unit property with five rental units and income potential.

    232 Woodward Avenue, Kalamazoo, MI 49007

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    Kalamazoo Multi-Unit Building For Sale
    $355,000
    0.30 Acres
    Kalamazoo Multi-Unit Building For Sale

    Five-unit building in Vine Neighborhood with parking and garage.

    529 Wheaton Avenue, Kalamazoo, MI 49008

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    Kalamazoo Multifamily Investment Opportunity
    $407,000
    0.30 Acres
    Kalamazoo Multifamily Investment Opportunity

    Six-unit apartment building near WMU and K College.

    436 Campbell Avenue, Kalamazoo, MI 49006

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    Kalamazoo Multifamily Value-Add Opportunity
    $499,900
    0.20 Acres
    Kalamazoo Multifamily Value-Add Opportunity

    Seven-unit property with upside potential near universities and downtown.

    809-807 W Cedar Street, Kalamazoo, MI 49007

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    Kalamazoo Multifamily Investment Opportunity
    $475,000
    0.25 Acres
    Kalamazoo Multifamily Investment Opportunity

    Well-maintained 8-unit apartment building with consistent rental income.

    521 Pearl Street, Kalamazoo, MI 49007

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    Kalamazoo Multifamily Investment Opportunity
    $375,000
    0.23 Acres
    Kalamazoo Multifamily Investment Opportunity

    Well-maintained 6-unit apartment building with consistent rental income.

    922 S Park Street, Kalamazoo, MI 49001

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    Ridgewood Apartments: 32-Unit Investment
    $2,900,000
    2.10 Acres
    Ridgewood Apartments: 32-Unit Investment

    Well-maintained 32-unit apartment complex with value-add potential.

    2907 S Burdick Street, Kalamazoo, MI 49001

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    Historical Kalamazoo Multifamily Investment Opportunity
    $1,100,000
    0.31 Acres
    Historical Kalamazoo Multifamily Investment Opportunity

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

    447 W Walnut Street, Kalamazoo, MI 49007

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    Kalamazoo Multifamily Investment Opportunity
    $244,900
    0.20 Acres
    Kalamazoo Multifamily Investment Opportunity

    Five-unit property in Kalamazoo's Vine Neighborhood near WMU and downtown.

    515 Locust Street, Kalamazoo, MI 49007

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    Kalamazoo Multi-Unit Brick Building
    $339,000
    0.27 Acres
    Kalamazoo Multi-Unit Brick Building

    Well-maintained 5-unit building in Kalamazoo's Eastwood neighborhood.

    3025 E Main Street, Kalamazoo, MI 49048

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    Kalamazoo Multifamily Investment Opportunity
    $389,900
    0.15 Acres
    Kalamazoo Multifamily Investment Opportunity

    Fully occupied 6-unit near Kalamazoo College with income potential.

    411 Stanwood Street, Kalamazoo, MI 49006

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    Six-Unit Multifamily Investment Opportunity
    $399,000
    Six-Unit Multifamily Investment Opportunity

    Six-unit property with versatile unit mix and updated apartments.

    613-615 Davis St, Kalamazoo, MI 49007

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    Kalamazoo Investment Property Near College
    $399,900
    Kalamazoo Investment Property Near College

    Fully leased 6-unit property near Kalamazoo College.

    830 W Main St, Kalamazoo, MI 49006

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    Kalamazoo Multifamily Investment Opportunity
    $223,000
    0.17 Acres
    Kalamazoo Multifamily Investment Opportunity

    Five-unit building in Kalamazoo's historic Vine Neighborhood.

    415 Davis Street, Kalamazoo, MI 49007

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    Kalamazoo Multi-Unit Investment Opportunity
    $475,000
    Kalamazoo Multi-Unit Investment Opportunity

    Historic 5-unit property near colleges and downtown Kalamazoo.

    232 Woodward Ave, Kalamazoo, MI 49007

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    Two Buildings with Eight Units
    $580,000
    Two Buildings with Eight Units

    Two stand-alone buildings with eight units near shopping and restaurants.

    715-721 Buchanan Ave, Kalamazoo, MI 49008

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    Income Property with Rental Units
    $630,000
    Income Property with Rental Units

    Stand-alone investment property featuring eight rental units and ample parking.

    722 Buchanan Ave, Kalamazoo, MI 49008

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    Well-Maintained 8-Unit Apartment Building
    $475,000
    Well-Maintained 8-Unit Apartment Building

    Solid investment opportunity with consistent rental income and on-site amenities.

    521 Pearl St, Kalamazoo, MI 49007

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    Well-Maintained 6-Unit Apartment Building
    $375,000
    Well-Maintained 6-Unit Apartment Building

    Six-unit apartment building with consistent rental income and on-site laundry.

    922 S Park St, Kalamazoo, MI 49001

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    Historical 15-Unit Apartment Building
    $1,200,000
    13,504 SF
    Historical 15-Unit Apartment Building

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

    447 West Walnut Street, Kalamazoo, MI 49007

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    Wheaton Avenue Multifamily Investment Opportunity
    $359,900
    13,068 SF
    Wheaton Avenue Multifamily Investment Opportunity

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

    529 Wheaton Avenue, Kalamazoo, MI 49008

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    Kalamazoo, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 33 apartment buildings for sale in Kalamazoo, MI, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 48,698 square feet of properties for sale, with an estimated market value of $4,576,900.

    Sale prices for two-family homes in Kalamazoo, MI start at $317,000, averaging $915,380, and reaching up to $1,500,000 — 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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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    49048 $339K
    49008 $456K
    49007 $631.9K
    49006 $674.2K
    49001 $991.8K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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    Most Searched ZIP Codes in Kalamazoo, MI

    • 49007
    • 49008
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    • 49006
    • 49048

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