Historic Kalamazoo Multifamily Income
For Sale
$1,000,000
316/324 Stuart Avenue, Kalamazoo, MI 49007
MULTI_FAMILY - Kalamazoo, MI
Property SizeContact for details
Lot Size0.60 Acres
Days on Market124
Property Features for 316/324 Stuart Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RM-15
Bedrooms
12
Full bathrooms
12
Rooms
Bedroom 7, Bathroom 8, Bathroom 7, Bedroom 1, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 6, Bedroom 10, Bathroom 10, Bathroom 11, Basement, Bathroom 5, Bathroom 3, Bedroom 2, Bathroom 9, Bedroom 11, Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 12, Bathroom 2, Bedroom 9
Parking
16
Basement
Full
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Directions
W. Main & Kalamazoo Ave
Standard status
Active
APN
06-16-416-007
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
see attached
Tax Annual Amount
13430
Legal Description
see attached
Utilities
Utilities
Natural Gas Available
Heating system
Steam
Amenities
carriage house
front porches
laundry
off-street parking
Building Details
Year built
1890
Number of units
18
Building materials
Wood Siding
Roof type
Composition, Slate
Listing Agency:
O'Brien Real Estate
(269) 381-6470
Listed By:
Pat O'Brien · License #6502102326
(269) 381-6470
Added: Apr 22
Changed: Jul 25
Last Checked: Aug 23 at 6:06AM
MLS# 26017154
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Investment Insights
Based on property information with market context.
This multifamily property in Kalamazoo, Michigan, presents an income opportunity with two contiguous historic mansions comprising 18 apartments. Many of the units have been recently remodeled. The property includes a large carriage house, front porches, and off-street parking. Laundry facilities are available on-site. The location is near campus, within walking distance of downtown, Kalamazoo College, entertainment venues, restaurants, bars, and a future arena. The property, situated on a 0.6-acre lot, is located in the Stuart Historic District. It is suitable for an owner-occupied residence.
Key Highlights
- 18‑unit income property with two contiguous historic mansions
- Many recently remodeled apartments
- Includes a large carriage house
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
709
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two historic mansions with 18 apartments near downtown Kalamazoo.
Where is this apartment building located?
The property is located at 316/324 Stuart Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 18‑unit income property with two contiguous historic mansions; Many recently remodeled apartments; Includes a large carriage house
