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6-Unit Apartment Building
For Sale
$259,900

301 Douglas Avenue, Kalamazoo, MI 49007

Multi Family, Kalamazoo, MI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market13

Property Features for 301 Douglas Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RD-19
Bedrooms 4
Full bathrooms 6
Rooms Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 2
Parking 7
Basement Full
Lot features Sidewalk
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 39-06-16-344-001
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2013
Tax Description COM AT A PT ON W LI DOUGLAS AVE 363FT S OF THE CONT W OF N LI OF KALAMAZOO AVE W165FT W 41.25FT E 165FT TO W LI OF DOUGLAS AVE N ALG W LI SD AVE 41.25FT TO BEGIN.
Tax Annual Amount 4289
Legal Description COM AT A PT ON W LI DOUGLAS AVE 363FT S OF THE CONT W OF N LI OF KALAMAZOO AVE W165FT W 41.25FT E 165FT TO W LI OF DOUGLAS AVE N ALG W LI SD AVE 41.25FT TO BEGIN.

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Wall Furnace

Building Details

Year built 1890
Number of units 6
Building materials Aluminum Siding
Roof type Composition
Listing Agency: Lukeman Group LLC
Listed By: Joseph Lukeman · License #6501349281
Added: Sep 20 Changed: Oct 2 Last Checked: Oct 2 at 4:06PM
MLS# 26051575

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.

Located in Kalamazoo’s Stuart Historic District, this 6-unit apartment property contains three one-bedroom residences and three studios. The building dates to 1890 and sits on a 0.16-acre parcel. Exterior materials include aluminum siding, with a composition roof; heating is provided by forced air and wall furnaces. Public sewer is available, along with cable service.

The property is city certified and fully occupied. Tenants pay their own gas and electric utilities. Kalamazoo College and Western Michigan University are nearby.

Key Highlights

  • Six apartments: three one‑bedroom units and three studios
  • Fully occupied and city certified
  • Tenants pay gas and electric

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Electrical 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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - The property combines three one-bedroom apartments with three studio units in Kalamazoo’s Stuart Historic District.
Where is this apartment building located?
The property is located at 301 Douglas Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Six apartments: three one‑bedroom units and three studios; Fully occupied and city certified; Tenants pay gas and electric
More about this property
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