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    232 Woodward Ave Kalamazoo, MI 49007

    For Sale
    $550,000

    MULTI_FAMILY - Kalamazoo, MI

    Lot size:
    0.32 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 232 Woodward Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 2
    Bedrooms
    5
    APN
    06-16-418-016
    Parking
    8
    Parking features
    Driveway
    Basement
    Full
    Lot size
    0.32 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1885
    Number of units
    5
    Building materials
    Brick, Stucco
    Roof type
    Composition

    Five Star Real Estate (269) 459-7898

    Listing agent Kerry L Keefer Fischer (269) 633-9243

    Listing date Nov 25, 2025

    MLS# 25050858 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kalamazoo Multi-Unit Investment Opportunity

    This historic multi-unit property, located in Kalamazoo, presents an investment opportunity. The property features five rental units. The main floor contains two one-bedroom apartments, while the second level offers another one-bedroom unit and a studio. The third story includes a two-bedroom apartment. Updates are present throughout the units, with some apartments featuring refreshed kitchens and bathrooms, as well as hardwood floors. The property retains historic details, including original trim and an ornately crafted staircase railing. The property includes ample off-street parking and its original carriage house. Situated blocks from local college campuses and the downtown scene, the location is suitable for attracting long-term tenants. The lot size is 0.32 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.595561
    Latitude
    42.293352

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    FAQs

    What type of property is this?
    Apartment building - Historic Kalamazoo multi-unit property with five units and income potential.
    Where is this apartment building located?
    The property is located at 232 Woodward Ave Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Five rental units provide immediate income potential.; - Prime location near college campuses and downtown Kalamazoo.; - Historic building with original architectural details.
    (269) 633-9243
    Request Owner's contact information
    232 Woodward Ave Kalamazoo, MI 49007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    232 Woodward Ave Kalamazoo, MI 49007
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