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5-Unit Apartment Building
New
For Sale
$223,000

415 Davis Street, Kalamazoo, MI 49007

Multi Family, Kalamazoo, MI

Property SizeContact for details
Lot Size0.17 Acres
Days on Market3

Property Features for 415 Davis Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RM-15
Bedrooms 3
Full bathrooms 5
Rooms Bedroom 1, Bathroom 2, Bathroom 5, Basement, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 3
Parking 5
Parking features Paved or Surfaced
Basement Full
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 39-06-21-204-004
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ASSESSOR'S A PLAT; Lot 4
Tax Annual Amount 3562
Legal Description ASSESSOR'S A PLAT; Lot 4

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air

Amenities

on site laundry hook up

Building Details

Year built 1911
Number of units 5
Roof type Composition
Listing Agency: Lukeman Group LLC
Listed By: Joseph Lukeman · License #6501349281
Added: Sep 25 Last Checked: Sep 27 at 12:06PM
MLS# 26051226

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.

Built in 1911, this five-unit apartment property includes two efficiency apartments and three one-bedroom units. Forced-air heat is in place, and two second-floor apartments have individual furnaces. The building also has hookups for on-site laundry and paved off-street parking. The 0.17-acre parcel is served by public sewer, with natural gas available.

Landlord-paid utilities currently serve the apartments. Two additional furnaces could be installed, allowing gas service to be separated for tenants.

Key Highlights

  • Five apartments: two efficiencies and three one‑bedroom units
  • 1911 construction on a 0.17‑acre parcel
  • Paved off‑street parking and on‑site laundry hookups

Property Analytics

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Current Use

Tessa's House Apartment Building

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Florist Pet Grooming 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

5
Residential units

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
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 contains efficiency and one-bedroom residences, with laundry connections and paved 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: Five apartments: two efficiencies and three one‑bedroom units; 1911 construction on a 0.17‑acre parcel; Paved off‑street parking and on‑site laundry hookups
More about this property
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