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    Kalamazoo, MI Apartment Buildings for Sale

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    16-Unit Apartment Building
    Updated: Jun 27
    16-Unit Apartment Building

    1710 E G Avenue, Kalamazoo, MI 49004

    $1,270,000
    0.86 AC lot
    16‑unit apartment property on 0.86 acres
    Unit mix includes 11 two‑bedroom, one‑bath units and 5 one‑bedroom, one‑bath units
    14 of 16 units are currently rented
    Most unit interiors have been recently renovated
    Built in 1973 with vinyl siding and a composition roof
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    Brick Apartment Buildings with Two Parcels
    Updated: Apr 27
    Brick Apartment Buildings with Two Parcels

    2907 S Burdick Street, Kalamazoo, MI 49001

    $2,875,000
    2.10 AC lot
    33 apartment units across two buildings: 25 units and 8 units
    2.1‑acre property with two additional parcels included
    New boilers and water heaters among completed capital improvements
    Selected apartment unit renovations completed
    All‑brick construction with composition roof
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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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    See what stands out in Kalamazoo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    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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    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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    Updated 9-Unit Multifamily Building
    Updated 9-Unit Multifamily Building

    415 W Walnut Street, Kalamazoo, MI 49007

    $649,900
    0.16 AC lot

    Nine total units feature 8 studio apartments and 1 one-bedroom, with recent interior updates and major plumbing/electrical improvements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    15-Unit Brick Apartment Building
    15-Unit Brick Apartment Building

    447 W Walnut Street, Kalamazoo, MI 49007

    $975,000
    0.31 AC lot

    Three-story multifamily property with varied unit layouts, upgraded systems, and a driveway on a 0.31-acre parcel.

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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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    Apartment Building with Basement
    Apartment Building with Basement

    314 W Vine Street, Kalamazoo, MI 49001

    $379,900
    0.10 AC lot

    Fully leased income property with six bedrooms, six bathrooms, and proximity to downtown Kalamazoo and major medical and academic institutions.

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    Kalamazoo Multi-Unit Building For Sale
    Kalamazoo Multi-Unit Building For Sale

    529 Wheaton Avenue, Kalamazoo, MI 49008

    $355,000
    0.30 AC lot

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

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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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    Two-Building Apartment Property
    Two-Building Apartment Property

    809-807 W Cedar Street, Kalamazoo, MI 49007

    $499,900
    0.20 AC lot

    Seven-unit property with separate buildings, off-street parking, and a mix of updated and improvement-ready residences.

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    Kalamazoo Multifamily Investment Opportunity
    Kalamazoo Multifamily Investment Opportunity

    515 Locust Street, Kalamazoo, MI 49007

    $244,900
    0.20 AC lot

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

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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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    922 S Park Street, Kalamazoo, MI 49001

    $360,000
    0.23 AC lot

    Well-maintained six-unit apartment building with on-site basement laundry and a rear off-street parking lot.

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    Kalamazoo Multifamily Investment Opportunity
    Kalamazoo Multifamily Investment Opportunity

    521 Pearl Street, Kalamazoo, MI 49007

    $475,000
    0.25 AC lot

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

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

    316 Stuart Avenue, Kalamazoo, MI 49007

    Contact for pricing
    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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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    232 Woodward Avenue, Kalamazoo, MI 49007

    $475,000
    0.32 AC lot

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

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

    316324 316/324 Stuart Ave, Kalamazoo, MI 49007

    $1,000,000

    Two contiguous residences provide apartments, a carriage house, laundry, and off-street parking near downtown Kalamazoo.

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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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    90-Unit Apartment Building
    90-Unit Apartment Building

    1228 California Avenue, Kalamazoo, MI 49006

    Contact for pricing
    80,074 sqft

    Multifamily property comprising a substantial residential community in Kalamazoo, Michigan.

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    Separately Metered Electric Multifamily Building
    Separately Metered Electric Multifamily Building

    1336 Portage Street, Kalamazoo, MI 49001

    $1,365,000
    0.18 AC lot

    Renovated multifamily with 16 residential units and two commercial salon/wellness spaces, each separately metered for electric.

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    All-Brick Multifamily Apartment Building
    All-Brick Multifamily Apartment Building

    2907 S Burdick Street, Kalamazoo, MI 49001

    $2,875,000

    33-unit all-brick multifamily property with separate 25-unit and 8-unit buildings and recently completed capital improvements.

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    Historic Queen Anne Multi-Family Redevelopment
    Historic Queen Anne Multi-Family Redevelopment

    836 W N Street, Kalamazoo, MI 49007

    $88,800
    0.23 AC lot

    Historic Queen Anne shell is ready for redevelopment with multi-family or commercial zoning options in Kalamazoo.

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    Kalamazoo, MI Apartment Buildings Market Trends and Statistics

    Explore 35 apartment buildings for sale in Kalamazoo, MI, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 115,069 square feet of properties for sale, with an estimated market value of $20,298,199.

    Sale prices for two-family homes in Kalamazoo, MI start at $88,800, averaging $751,785, and reaching up to $2,875,000 — 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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    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 $302.5K
    49007 $590.2K
    49004 $1.3M
    49001 $1.4M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kalamazoo County

    Residential Income

    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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    Most Searched ZIP Codes in Kalamazoo, MI

    • 49007
    • 49001
    • 49008
    • 49006
    • 49004
    • 49009

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