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3-Unit Triplex Property
For Sale
Contact for pricing
Pending

1427 Portage Street, Kalamazoo, MI 49001

Three-unit residential income property with separate utility service and an as-is condition.

Property SizeContact for details
Days on Market143

Property Features for 1427 Portage Street

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence Building Needs Some Work

Additional Details

Multifamily Units 3

Building Details

Buildings 1
Listing Agency: i-VEST Real Estate Group
Listed By: Bonnie Granado · License #MI 6502348468
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:40AM

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 i-VEST Real Estate Group

Investment Insights

Based on property information with market context.

This three-unit triplex at 1427 Portage Street includes separately metered utilities, with tenants responsible for their own utility costs. The building is being offered in its current as-is condition and requires work. An eviction involving the occupant of Unit 1 is in process.

Located in Kalamazoo, MI, the property offers a three-unit configuration for residential income use.

Key Highlights

  • Three‑unit triplex at 1427 Portage Street
  • Separate utilities with tenant‑paid utility costs
  • Property is being sold as‑is and requires work

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom Carpet & Flooring Store Pet Grooming Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three-unit residential income property with separate utility service and an as-is condition.
Where is this triplex located?
The property is located at 1427 Portage Street Kalamazoo, MI.
What are key features of this property?
This property features: Three‑unit triplex at 1427 Portage Street; Separate utilities with tenant‑paid utility costs; Property is being sold as‑is and requires work
(269) 323-7771 Call to check price and availability
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