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Kalamazoo Multi-Unit Investment Opportunity

232 Woodward Avenue, Kalamazoo, MI 49007

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For Sale

$475,000

MULTI_FAMILY - Kalamazoo, MI

Lot size:

0.32 Acres

HighLights

Historic multi‑unit property built in 1885 with brick and stucco construction.
Five rental units: two 1‑bedroom apartments on the main floor; one 1‑bedroom plus a studio on the second level; a 2‑bedroom on the third level.
Some units feature refreshed kitchens and bathrooms, and hardwood floors.
Composition roof; hot water heating; window unit cooling.
Utilities include cable available; served by public sewer.
Driveway off‑street parking and an original carriage house.

We can help!

Contact an agent

Kerry L Keefer Fischer

For Sale

$475,000

MULTI_FAMILY - Kalamazoo, MI

Lot size:

0.32 Acres

Added:: Feb 16, 2026
Days on Market:: 142
Last Refresh:: Jul 8 at 3:06 pm

Property Features for 232 Woodward Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Rooms: Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 5, Basement, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3
Parking: 8
Parking features: Driveway
Basement: Full
Standard status: Active
APN: 06-16-418-016
Lot size: 0.32 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 46246 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; LOT 16. ALSO THE S 66FT OF THE N 330FT OF LOT 24.
Tax Annual Amount: 12131

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Hot Water(Heating)
Cooling system: Window Unit(s)

Building Details

Year built: 1885
Number of units: 5
Building materials: Brick, Stucco
Roof type: Composition

We can help!

Contact an agent

Kerry L Keefer Fischer

Listing agent Kerry L Keefer Fischer License #6501367416

Listing office Five Star Real Estate 1604 W Milham Avenue, Portage, MI

Listing date Feb 16, 2026

MLS# 26005619 Listing URL

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

Historic multi‑unit property built in 1885 with brick and stucco construction.
Five rental units: two 1‑bedroom apartments on the main floor; one 1‑bedroom plus a studio on the second level; a 2‑bedroom on the third level.
Some units feature refreshed kitchens and bathrooms, and hardwood floors.
Composition roof; hot water heating; window unit cooling.
Utilities include cable available; served by public sewer.
Driveway off‑street parking and an original carriage house.

Overview

This historic multi-unit property, located in Kalamazoo, presents an investment opportunity with five rental units. The property features two one-bedroom apartments on the main floor, a one-bedroom unit and a studio on the second level, and a two-bedroom apartment on the third story. Updates are present throughout the units, with some apartments featuring refreshed kitchens and bathrooms, and hardwood floors. The property retains historic details such as original trim and an ornately crafted staircase railing. The property includes ample off-street parking and its original carriage house. Situated blocks from local college campuses and downtown, the location is suitable for attracting long-term tenants. The lot size is 0.32 acres.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Kalamazoo
County: Kalamazoo
State: Michigan
Longitude: -85.595596
Latitude: 42.293352

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For sale
Apartment buildings
MI
Kalamazoo
49007
232 Woodward Avenue

What type of property is this?

Apartment building - Historic Kalamazoo multi-unit property with five rental units and income potential.

Where is this apartment building located?

The property is located at 232 Woodward Avenue Kalamazoo, MI.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Historic multi‑unit property built in 1885 with brick and stucco construction.; Five rental units: two 1‑bedroom apartments on the main floor; one 1‑bedroom plus a studio on the second level; a 2‑bedroom on the third level.; Some units feature refreshed kitchens and bathrooms, and hardwood floors.

232 Woodward Avenue, Kalamazoo, MI 49007

MULTI_FAMILY - Kalamazoo, MI

Property Features for 232 Woodward Avenue

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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