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Kalamazoo Multifamily Investment Opportunity

1500 Fraternity Village Drive, Kalamazoo, MI 49006

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For Sale

$1,500,000

COMMERCIAL - Kalamazoo, MI

Property size:

8,772 SF

Lot size:

1.11 Acres

Price / SF:

$170/SF

We can help!

Contact an agent

Dave A Schnelker

HighLights

Leased to a sorority for the past 18 years
16 bedrooms plus a dedicated house‑mother suite
Commercial‑grade kitchen and on‑site laundry facilities
Recent upgrades include a new roof and laminate flooring throughout
Central air and forced‑air heating
Built in 1998; aluminum siding and brick exterior; composition roof

For Sale

$1,500,000

COMMERCIAL - Kalamazoo, MI

Property size:

8,772 SF

Lot size:

1.11 Acres

Price / SF:

$170/SF

Added:: Nov 25, 2025
Days on Market:: 223
Last Refresh:: Jul 6 at 6:06 pm

Property Features for 1500 Fraternity Village Drive

General Information

Property type: Commercial Sale
Property subtype: Other
Bathrooms: 8
Rooms: Bathroom 7, Bathroom 5, Bathroom 6, Bathroom 8, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3
Interior features: Broadband
Standard status: Active
APN: 06-20-355-017
Size: 8,772 SF
Lot size: 1.11 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: FRATERNITY VILLAGE LOT 17
Tax Annual Amount: 24647

Utilities

Utilities: Cable Available
Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1998
Floors in Building: 3
Number of units: 1
Building materials: Aluminum Siding, Brick
Roof type: Composition

We can help!

Contact an agent

Dave A Schnelker

Listing agent Dave A Schnelker

Listing office Berkshire Hathaway HomeServices MI 5839 Oakland Drive, Portage, MI

Listing date Nov 25, 2025

MLS# 25059867

Copyright © 2026 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.

HighLights

Leased to a sorority for the past 18 years
16 bedrooms plus a dedicated house‑mother suite
Commercial‑grade kitchen and on‑site laundry facilities
Recent upgrades include a new roof and laminate flooring throughout
Central air and forced‑air heating
Built in 1998; aluminum siding and brick exterior; composition roof

Overview

This multifamily property in Kalamazoo, Michigan, presents an investment opportunity with a history of use as a sorority house for the past 18 years. The residence, situated on a 1.11-acre lot, encompasses 8,772 square feet and features 16 bedrooms, plus a dedicated house-mother suite. It includes a commercial-grade kitchen and on-site laundry facilities. Recent upgrades to the property include a new roof and laminate flooring throughout. The property is suited for group housing, student living, or continued sorority or fraternity use due to its large capacity and institutional-grade amenities.

Property Profile Location Intelligence

Current Use by Public Records

Alpha Omicron Pi Volunteer Organization

Suggested Use

Location Insight

Map
Local Demand

City: Kalamazoo
County: Kalamazoo
State: Michigan
Longitude: -85.628256
Latitude: 42.276548

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For sale
Apartment buildings
MI
Kalamazoo
49006
1500 Fraternity Village Drive

What type of property is this?

Apartment building - Leased sorority house with income potential in Kalamazoo, Michigan.

Where is this apartment building located?

The property is located at 1500 Fraternity Village Drive Kalamazoo, MI.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Leased to a sorority for the past 18 years; 16 bedrooms plus a dedicated house‑mother suite; Commercial‑grade kitchen and on‑site laundry facilities

1500 Fraternity Village Drive, Kalamazoo, MI 49006

COMMERCIAL - Kalamazoo, MI

Property Features for 1500 Fraternity Village Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Single-Tenant Office Building Opportunity

Freestanding Former Bank with Drive-Thru

Flex/Service Facility with Outdoor Storage

Freestanding Drive-Thru Office Retail

Renovated Office Building on Stadium

Kalamazoo Office Buildings on Stadium

First-Floor Office Condo with Basement

C4 Zoned Retail/Service Building

Two-Story Office Building

Four-Bay Warehouse with Office Quarters

Flexible Commercial Building with Offices

Light Industrial Lab-Style Building

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