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Former Fraternity House
For Sale
$799,000

3031 W Michigan Ave, Kalamazoo, MI 49006

The property has a brick facade and RM15 zoning.

Property Size22,444 SF
Price / SF$35.60
Days on Market136

Property Features for 3031 W Michigan Ave

General Information

Standard status Active
Size 22,444 SF
Property subtype Multifamily
Zoning RM15

Building Details

Year Built 1990
Construction brick facade
Listing Agency: Callander Commercial
Listed By: Matt Callander · License #6501303339
Source: Carwm.resimplifi
Added: Jun 15 Changed: Oct 26 Last Checked: Oct 28 at 4:54AM

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 Callander Commercial

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Investment Insights

Based on property information with market context.

This multifamily property was built in 1990 and has a brick facade. It was previously used as a fraternity house and is zoned RM15.

The property includes 3031 W Michigan Ave and 1134 California Avenue in Kalamazoo, Michigan. Western Michigan University is referenced in connection with the property.

Key Highlights

  • Built in 1990
  • Brick facade
  • RM15 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property has a brick facade and RM15 zoning.
Where is this multifamily property located?
The property is located at 3031 W Michigan Ave Kalamazoo, MI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Built in 1990; Brick facade; RM15 zoning
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