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Separately Metered Electric Multifamily Building
For Sale
$1,365,000
Pending

1336 Portage Street, Kalamazoo, MI 49001

MULTI_FAMILY - Kalamazoo, MI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market116

Property Features for 1336 Portage Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description cc
Bedrooms 14
Full bathrooms 9
Rooms Bathroom 5, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 14, Bedroom 1, Bedroom 9, Bathroom 9, Bedroom 12, Bedroom 2, Bathroom 6, Basement, Bathroom 3, Bedroom 8, Bedroom 10, Bathroom 8, Bedroom 13, Bedroom 11, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 7, Bathroom 1, Bedroom 6
Parking 50
Basement Full
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions Located on Portage Street between Washington and E Stockbridge.
Standard status Pending
APN 06-22-449-003
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 7826 SECTION 22-2-11 COMMENCING ON THE WESTERLY LINE OF PORTAGE STREET 178.4 FEET NORTHERLY FROM THE NORTH LINE OF EAST STOCKBRIDGE AVENUE; THENCE WEST 91 FEET; THENCE NORTH TO THE SOUTH LINE OF DELAWARE COURT; THENCE EAST 105 FEET ALONG THE SOUTH LI NE OF DELAWARE COURT TO THE WESTERLY LINE OF PORTAGE STREET; THENCE SOUTHERLY ALONG THE WESTERLY LINE OF PORTAGE STREET TO THE PLACE OF BEGINNING.
Tax Annual Amount 19062
Legal Description 7826 SECTION 22-2-11 COMMENCING ON THE WESTERLY LINE OF PORTAGE STREET 178.4 FEET NORTHERLY FROM THE NORTH LINE OF EAST STOCKBRIDGE AVENUE; THENCE WEST 91 FEET; THENCE NORTH TO THE SOUTH LINE OF DELAWARE COURT; THENCE EAST 105 FEET ALONG THE SOUTH LI NE OF DELAWARE COURT TO THE WESTERLY LINE OF PORTAGE STREET; THENCE SOUTHERLY ALONG THE WESTERLY LINE OF PORTAGE STREET TO THE PLACE OF BEGINNING.

Utilities

Sewer type Public Sewer
Heating system Baseboard

Building Details

Year built 1907
Number of units 20
Building materials Brick
Roof type Rubber
Listing Agency: Bellabay Realty LLC
Listed By: Charles Teunis · License #6501439451
Added: Apr 30 Changed: Jul 29 Last Checked: Aug 23 at 12:06PM
MLS# 26018815

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated brick multifamily property on a 0.18-acre lot, built in 1907. The building has 16 residential units, including fourteen 1-bedroom units and two 2-bedroom units. Each unit is separately metered for electric, supporting tenant-by-tenant utility billing. There is also potential for converting up to six of the 1-bedroom units into 2-bedroom units.

In addition to the residential component, the property includes four commercial units. The commercial spaces currently operate as a salon and a nutrition/wellness business, and there is an additional laundromat project/buildout underway for the other two spaces.

Baseboard heating serves the building, and the property is connected to public sewer. The roof is described as rubber.

Key Highlights

  • Separately metered electric for each residential unit
  • Renovated property with 16 residential units: fourteen 1‑bedroom and two 2‑bedroom
  • Potential to convert up to six 1‑bedroom units into 2‑bedrooms

Property Analytics

Current Use

MI 3D Access Photography Service Stephanie Renee's Salon Hair Salon

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

966
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily with 16 residential units and two commercial salon/wellness spaces, each separately metered for electric.
Where is this apartment building located?
The property is located at 1336 Portage Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $1,365,000.
What are key features of this property?
This property features: Separately metered electric for each residential unit; Renovated property with 16 residential units: fourteen 1‑bedroom and two 2‑bedroom; Potential to convert up to six 1‑bedroom units into 2‑bedrooms
More about this property
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