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    727 S Park St Kalamazoo, MI 49007

    Pending
    For Sale
    $309,900

    MULTI_FAMILY - Kalamazoo, MI

    Lot size:
    0.14 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 727 S Park St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Laundry Room, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 2, Basement
    Bedrooms
    5
    APN
    06-22-157-005
    Parking
    5
    Basement
    Full
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Steam

    Building Details

    Year built
    1909
    Number of units
    5
    Building materials
    Wood Siding

    Clear Realty Group (616) 799-2903

    Listing agent Tyler Johnson (616) 799-2903

    Listing date Nov 24, 2025

    MLS# 25058614 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

    Renovated Historic Kalamazoo Apartment Building

    This is a newly renovated, historic 5-unit apartment building located in Kalamazoo, Michigan, offering an investment opportunity. The property is in close proximity to Western Michigan University. All five units are spacious one-bedroom apartments featuring 9-foot ceilings and large rooms. Each unit has been updated and includes a dedicated parking spot. Currently, three units are occupied, generating a total of $2,765 per month. Each unit also has its own dedicated storage room in the basement, along with shared laundry facilities. The boiler is less than 2 years old, and the water heater is brand new. The exterior of the building was fully repainted last fall. The building is professionally managed and sits on a lot of approximately 0.14 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
    -85.583205
    Latitude
    42.285453

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    FAQs

    What type of property is this?
    Apartment building - Rare, renovated 5-unit apartment building near Western Michigan University.
    Where is this apartment building located?
    The property is located at 727 S Park St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $309,900.
    What are key features of this property?
    This property features: - Newly renovated, historic 5-unit apartment building.; - Investment opportunity with existing rental income ($2,765/month from 3 units).; - Close proximity to Western Michigan University.
    (616) 799-2903
    Request Owner's contact information
    727 S Park St 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
    727 S Park St Kalamazoo, MI 49007
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