Three-Unit Apartment Building with Parking

617 Forest St, Kalamazoo, MI 49008

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For Sale

$153,000

Three rental units offer a mix of efficiency and 1–2 bedroom layouts with off-street parking.

Type:Investment

HighLights

3‑unit apartment building built in 1895 in the Vine Neighborhood of downtown Kalamazoo
Unit mix includes an efficiency, a 1 bed/1 bath, and a 2 bed/1 bath
Plenty of off‑street parking available on‑site
Tenants pay for gas; owner pays all other utilities
WalkScore 71 (very walkable) and BikeScore 60 (bikeable)

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Listing Contact

Joseph Lukeman

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For Sale

$153,000

Three rental units offer a mix of efficiency and 1–2 bedroom layouts with off-street parking.

Type:Investment

Added:: Jun 15, 2026
Days on Market:: 3
Last Refresh:: Jun 16 at 2:41 am

Property Features for 617 Forest St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1895

We can help!

Listing Contact

Joseph Lukeman

Listing agent Joseph Lukeman License #6501349281

Listing office Lukeman Group LLC

Listing date Jun 15, 2026

Source Elliman

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 Lukeman Group LLC

HighLights

3‑unit apartment building built in 1895 in the Vine Neighborhood of downtown Kalamazoo
Unit mix includes an efficiency, a 1 bed/1 bath, and a 2 bed/1 bath
Plenty of off‑street parking available on‑site
Tenants pay for gas; owner pays all other utilities
WalkScore 71 (very walkable) and BikeScore 60 (bikeable)

Overview

This three-unit apartment building provides a straightforward rental mix, including one efficiency unit, one 1-bedroom/1-bath unit, and one 2-bedroom/1-bath unit. Off-street parking is available for tenants. The utility arrangement is also clearly defined: gas is paid by the tenants, while all other utilities are paid by the owner.

The property is located in the Vine neighborhood in downtown Kalamazoo, offering walkability and bike-friendly access. WalkScore is listed at 71 (very walkable) and BikeScore at 60 (bikeable), which can support tenant lifestyle convenience for everyday errands and appointments.

For investors or owner-operators seeking a small multifamily asset, the unit mix provides variety across efficiency and bedroom sizes within a single building. The off-street parking helps accommodate tenant needs, while the gas-by-tenant structure can simplify operating expense management compared with fully owner-paid utilities. With three separate apartments under one roof, this configuration is often attractive for buyers looking to manage a compact residential income property.

Location Intelligence

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Triplexes

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Local Demand

City: Kalamazoo
County: Kalamazoo
State: Michigan
Longitude: -85.591077
Latitude: 42.27873

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For sale
Triplexes
MI
Kalamazoo
49008
617 Forest St

What type of property is this?

Triplex - Three rental units offer a mix of efficiency and 1–2 bedroom layouts with off-street parking.

Where is this triplex located?

The property is located at 617 Forest St Kalamazoo, MI.

What is the asking price?

The asking price for this property is $153,000.

What are key features of this property?

This property features: 3‑unit apartment building built in 1895 in the Vine Neighborhood of downtown Kalamazoo; Unit mix includes an efficiency, a 1 bed/1 bath, and a 2 bed/1 bath; Plenty of off‑street parking available on‑site