20-Unit Two-Story Apartment
For Sale
Contact for pricing
1619 Fraternity Village Dr, Kalamazoo, MI 49006
Well-maintained 20-unit apartment complex split into two two-story buildings with individually metered utilities and recent roof and parking improvements.
Property SizeContact for details
Days on Market133
Property Features for 1619 Fraternity Village Dr
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
20
Building Details
Year Built
1984
Stories
2
Listing Agency:
Hull Multifamily Advisors
Listed By:
Austin Hull · License #MI 6502430931
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:33AM
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 Hull Multifamily Advisors
Investment Insights
Based on property information with market context.
WMU Apartments is a well-maintained 20-unit property constructed in 1984, arranged as two separate two-story apartment buildings. The community includes resident amenities such as coin-operated washers and dryers, with individual dishwashers available in select units. Utilities are individually metered for electric, and electric wall A/C units are provided, with tenants responsible for electric. The property also uses a RUBS system for tenants to pay a portion of gas and water.
Located off Fraternity Village Drive in Kalamazoo, the property is less than 1 mile from Western Michigan University and described as walking distance to the university. Recent capital improvements include new roofs and a newly paved parking lot, along with six renovated units (three in progress) with additional units planned for renovation as part of a value-add approach.
Located off Fraternity Village Drive in Kalamazoo, the property is less than 1 mile from Western Michigan University and described as walking distance to the university. Recent capital improvements include new roofs and a newly paved parking lot, along with six renovated units (three in progress) with additional units planned for renovation as part of a value-add approach.
Key Highlights
- WMU Apartments is a 20‑unit apartment complex constructed in 1984, split into two separate 2‑story buildings
- Located off Fraternity Village Drive, less than 1 mile from Western Michigan University
- Individually metered electric with electric wall A/C units; tenants are responsible for paying electricity
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 20-unit apartment complex split into two two-story buildings with individually metered utilities and recent roof and parking improvements.
Where is this apartment building located?
The property is located at 1619 Fraternity Village Dr Kalamazoo, MI.
What are key features of this property?
This property features: WMU Apartments is a 20‑unit apartment complex constructed in 1984, split into two separate 2‑story buildings; Located off Fraternity Village Drive, less than 1 mile from Western Michigan University; Individually metered electric with electric wall A/C units; tenants are responsible for paying electricity
