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Six-Unit Apartment Building
For Sale
$389,900
Pending

411 Stanwood St, Kalamazoo, MI 49006

Fully occupied six-unit property with same floor plan units and month-to-month tenants, plus recent updates including a coin washer.

Property SizeContact for details
Days on Market108

Property Features for 411 Stanwood St

General Information

Standard status Pending
Property subtype Investment
Occupancy 100%

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $5,422

Building Details

Year Built 1960
Units 6
Listing Agency: Bellabay Realty SW LLC - I
Listed By: Mark E Peterson · License #6501423143
Source: Elliman
Added: Apr 27 Changed: Aug 11 Last Checked: Aug 12 at 7:26AM

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 Bellabay Realty SW LLC - I

Investment Insights

Based on property information with market context.

This fully occupied six-unit apartment building features the same floor plan across all units, supporting straightforward operations. Tenants are currently on month-to-month terms. Recent updates include a new garage door in 2025 and a coin-operated washer installed in 2024.

The property is located next to Kalamazoo College and is minutes from downtown Kalamazoo, offering convenient access to nearby employment and services.

For investors seeking a small multifamily asset with manageable unit configuration and practical, revenue-ready flexibility through month-to-month occupancy, this property presents a clean ownership and maintenance profile based on the updates noted above.

Key Highlights

  • Fully occupied 6‑unit property built in 1960
  • All units feature the same floor plan, supporting operational consistency
  • Tenants are month‑to‑month, offering flexibility to adjust rents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Nail Salon Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

Demographics for 49006, MI

25,119
Population
12,093
Households
2.1
Avg Household Size
27
Median Age
44%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
4,187
Density / Sq Mi
$45,617
Median Household Income
$18,710
Median Earnings
$991
Median Rent
$198,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied six-unit property with same floor plan units and month-to-month tenants, plus recent updates including a coin washer.
Where is this apartment building located?
The property is located at 411 Stanwood St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Fully occupied 6‑unit property built in 1960; All units feature the same floor plan, supporting operational consistency; Tenants are month‑to‑month, offering flexibility to adjust rents
More about this property
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