Kalamazoo Multi-Unit Investment
For Sale
$475,000
232 Woodward Avenue, Kalamazoo, MI 49007
MULTI_FAMILY - Kalamazoo, MI
Property SizeContact for details
Lot Size0.32 Acres
Days on Market188
Property Features for 232 Woodward Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RM-15
Bedrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 4, Bathroom 1, Basement
Parking
8
Parking features
Driveway
Basement
Full
Lot features
Sidewalk
Elementary school
Woodward School for Technology and Research
Middle school
Linden Grove Middle School
High school
Kalamazoo Central High School
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Directions
Head east on W Main St toward N Dartmouth St Turn left onto Woodward Ave Destination will be on the right
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
Legal Description
46246 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; LOT 16. ALSO THE S 66FT OF THE N 330FT OF LOT 24.
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
Listing Agency:
Five Star Real Estate
(269) 998-4062
Listed By:
Kerry L Keefer Fischer · License #6501367416
(269) 998-4062
Added: Feb 16
Changed: Jul 25
Last Checked: Aug 23 at 4:06PM
MLS# 26005619
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Historic multi‑unit property built in 1885 with brick and stucco exterior materials
- Five rental units total: two 1‑bedroom apartments on the main floor, one 1‑bedroom plus a studio on the second level, and a 2‑bedroom apartment on the third story
- Multiple bathrooms and bedrooms across units, plus a basement
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,338
Businesses Nearby
Explore this area
Business Placement
Demographics for 49007, MI
10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 exterior materials; Five rental units total: two 1‑bedroom apartments on the main floor, one 1‑bedroom plus a studio on the second level, and a 2‑bedroom apartment on the third story; Multiple bathrooms and bedrooms across units, plus a basement
