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5-Unit Apartment Building
For Sale
$223,000

415 Davis Street, Kalamazoo, MI 49007

The unit mix combines efficiency and one-bedroom apartments with on-site laundry hookups and off-street parking.

Property SizeContact for details
Days on Market35

Property Features for 415 Davis Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Residential Income
Zoning Light Industry

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x efficiency, 3 x 1BR
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $3,562

Amenities

laundry hookups

Building Details

Year Built 1911
Buildings 1
Units 5
Listed By: JEFF Gates
Source: Housewant
Added: Sep 25 Changed: Oct 26 Last Checked: Oct 26 at 3:53PM

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 JEFF Gates

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment property in Kalamazoo was built in 1911 and contains 2 efficiency apartments and 3 one-bedroom apartments. On-site laundry hookups and off-street parking serve the building, and the landlord currently pays utilities. Zoning is Light Industry.

The property is in the Vine Neighborhood near downtown Kalamazoo, WMU, K College, and a bus line. Two second-floor apartments have individual furnaces. Installing 2 more furnaces is identified as a way to separate gas service for tenant payment.

Key Highlights

  • 5 apartments: 2 efficiencies and 3 one‑bedroom units
  • Built in 1911; zoned Light Industry
  • Located in the Vine Neighborhood near downtown Kalamazoo

Property Analytics

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Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,733
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
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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?
Apartment building - The unit mix combines efficiency and one-bedroom apartments with on-site laundry hookups and off-street parking.
Where is this apartment building located?
The property is located at 415 Davis Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $223,000.
What are key features of this property?
This property features: 5 apartments: 2 efficiencies and 3 one‑bedroom units; Built in 1911; zoned Light Industry; Located in the Vine Neighborhood near downtown Kalamazoo
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