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    324 Stuart Ave Kalamazoo, MI 49007

    New
    For Sale
    $599,000

    MULTI_FAMILY - Kalamazoo, MI

    Lot size:
    0.20 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 11:06 pm

    Property Features for 324 Stuart Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 1, Basement, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 6, Bathroom 4
    Bedrooms
    6
    APN
    06-16-411-008
    Parking
    12
    Basement
    Full
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1890
    Number of units
    9
    Building materials
    Wood Siding

    O'Brien Real Estate (269) 381-6470 [email protected]

    Listing agent Pat O'Brien (269) 381-6470

    Listing date Dec 8, 2025

    MLS# 25061108 Listing URL

    Copyright © 2025 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.

    Overview

    Kalamazoo Historic Income Opportunity

    This is a rare income opportunity featuring a nine-unit apartment building located in the Stuart Historic District of Kalamazoo, Michigan. Many of the apartments have been recently remodeled. The property includes a large carriage house, front porches, off-street parking, and laundry facilities. It is situated close to campus and within walking distance of downtown Kalamazoo, K College, entertainment venues, restaurants, bars, and a future arena. The lot size is 0.2 acres. The seller encourages the purchase of this property along with its nine-unit sister house next door. This property is suitable for an owner-occupied residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.597377
    Latitude
    42.294031

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit apartment building near campus and downtown Kalamazoo.
    Where is this apartment building located?
    The property is located at 324 Stuart Ave Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Rare 9-unit historic income property in Kalamazoo's Stuart neighborhood.; - Potential for owner-occupied residence with income generation.; - Walking distance to campus, downtown, K College, entertainment, restaurants, bars, and future arena.
    (269) 381-6470
    Request Owner's contact information
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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
    324 Stuart Ave Kalamazoo, MI 49007
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