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Historic Kalamazoo Multifamily Income Opportunity

316/324 Stuart Avenue Kalamazoo, MI 49007

316/324 Stuart Avenue, Kalamazoo, MI, 49007

$1,000,000

For Sale

$1,000,000

MULTI_FAMILY - Kalamazoo, MI

Lot Size0.60 Acres

AddedApr 22

Days on Market86

Last RefreshJul 16 at 2:06 pm

Property Features for 316/324 Stuart Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 12
Rooms: Bedroom 3, Bathroom 6, Basement, Bathroom 11, Bathroom 3, Bedroom 8, Bedroom 12, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 10, Bedroom 4, Bedroom 7, Bathroom 8, Bathroom 12, Bathroom 5, Bedroom 9, Bathroom 4, Bedroom 11, Bedroom 10, Bedroom 1, Bathroom 9, Bedroom 5, Bathroom 7
Parking: 16
Basement: Full
Standard status: Active
APN: 06-16-416-007
Lot size: 0.60 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Description: see attached
Tax Annual Amount: 13430

Utilities

Utilities: Natural Gas Available
Heating system: Steam

Building Details

Year built: 1890
Number of units: 18
Building materials: Wood Siding
Roof type: Composition, Slate

Listing agent Pat O'Brien License #6502102326

Listing office O'Brien Real Estate 527 S Westnedge Avenue, Kalamazoo, MI

Listing date Apr 22, 2026

MLS# 26017154 Listing URL

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.

This multifamily property in Kalamazoo, Michigan, presents an income opportunity with two contiguous historic mansions comprising 18 apartments. Many of the units have been recently remodeled. The property includes a large carriage house, front porches, and off-street parking. Laundry facilities are available on-site. The location is near campus, within walking distance of downtown, Kalamazoo College, entertainment venues, restaurants, bars, and a future arena. The property, situated on a 0.6-acre lot, is located in the Stuart Historic District. It is suitable for an owner-occupied residence.

Key Highlights

Rare 18‑unit income opportunity in Kalamazoo's Stuart Historic District.
Two contiguous historic mansions with many recently remodeled apartments.
Large carriage house and ample off‑street parking.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Apartment buildings
MI
Kalamazoo
49007
316/324 Stuart Avenue

What type of property is this?

Apartment building - Two historic mansions with 18 apartments near downtown Kalamazoo.

Where is this apartment building located?

The property is located at 316/324 Stuart Avenue Kalamazoo, MI.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Rare 18‑unit income opportunity in Kalamazoo's Stuart Historic District.; Two contiguous historic mansions with many recently remodeled apartments.; Large carriage house and ample off‑street parking.

316/324 Stuart Avenue Kalamazoo, MI 49007

MULTI_FAMILY - Kalamazoo, MI

Property Features for 316/324 Stuart Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Single-Tenant Office Building Opportunity

Freestanding Former Bank with Drive-Thru

Flex/Service Facility with Outdoor Storage

Freestanding Drive-Thru Office Retail

Renovated Office Building on Stadium

Kalamazoo Office Buildings on Stadium

First-Floor Office Condo with Basement

Freestanding Office Building

Light Industrial Lab-Style Building

C4 Zoned Retail/Service Building

Two-Story Office Building

Free-Standing Corner Office Building

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