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Three-Unit Apartment Building with Parking

617 Forest St Kalamazoo, MI 49008

617 Forest St, Kalamazoo, MI, 49008
$153,000
For Sale
$153,000

Three rental units offer a mix of efficiency and 1–2 bedroom layouts with off-street parking.

Days on Market36

Property Features for 617 Forest St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1895
Listing Agency Lukeman Group LLC
Listed by Joseph Lukeman · License #6501349281
Source Elliman
Added: Jun 15 Checked: Jul 19 at 6:19 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lukeman Group LLC


Investment Insights

Based on property information with market context.

This three-unit apartment building provides a straightforward rental mix, including one efficiency unit, one 1-bedroom/1-bath unit, and one 2-bedroom/1-bath unit. Off-street parking is available for tenants. The utility arrangement is also clearly defined: gas is paid by the tenants, while all other utilities are paid by the owner.

The property is located in the Vine neighborhood in downtown Kalamazoo, offering walkability and bike-friendly access. WalkScore is listed at 71 (very walkable) and BikeScore at 60 (bikeable), which can support tenant lifestyle convenience for everyday errands and appointments.

For investors or owner-operators seeking a small multifamily asset, the unit mix provides variety across efficiency and bedroom sizes within a single building. The off-street parking helps accommodate tenant needs, while the gas-by-tenant structure can simplify operating expense management compared with fully owner-paid utilities. With three separate apartments under one roof, this configuration is often attractive for buyers looking to manage a compact residential income property.

Key Highlights

  • 3‑unit apartment building built in 1895 in the Vine Neighborhood of downtown Kalamazoo
  • Unit mix includes an efficiency, a 1 bed/1 bath, and a 2 bed/1 bath
  • Plenty of off‑street parking available on‑site

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Florist Acupuncture

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

FAQs

What type of property is this?
Triplex - Three rental units offer a mix of efficiency and 1–2 bedroom layouts with off-street parking.
Where is this triplex located?
The property is located at 617 Forest St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $153,000.
What are key features of this property?
This property features: 3‑unit apartment building built in 1895 in the Vine Neighborhood of downtown Kalamazoo; Unit mix includes an efficiency, a 1 bed/1 bath, and a 2 bed/1 bath; Plenty of off‑street parking available on‑site
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