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Fully Leased Residential Income Property
New
For Sale
$379,900

314 W Vine St, Kalamazoo, MI 49001

City certification remains effective through January 30, 2028.

Property SizeContact for details
Days on Market3

Property Features for 314 W Vine St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Gross Income $58,140

Taxes and HOA fees

Annual Taxes $7,572

Building Details

Year Built 1905
Units 6
Listing Agency: Five Star Real Estate
Listed By: Adam Atwood · License #6506047769
Source: Elliman
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 9:56AM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

Built in 1905, this residential income property at 314 W Vine St is fully leased and certified by the City through January 30, 2028. The property is positioned near Bronson Hospital, downtown Kalamazoo, WMU, and WMed, with each destination accessible on foot.

Kalamazoo’s walkability and cycling credentials add to the property’s surrounding context, with a Walk Score of 89 and a Bike Score of 79.

Key Highlights

  • Fully leased residential income property
  • City certification valid through January 30, 2028
  • Built in 1905

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Carpet & Flooring Store Locksmith Acupuncture

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,575
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Residential income property - City certification remains effective through January 30, 2028.
Where is this residential income property located?
The property is located at 314 W Vine St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Fully leased residential income property; City certification valid through January 30, 2028; Built in 1905
More about this property
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