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Updated Triplex with Unit Mix
For Sale
$299,900

709 West Lovell Street, Kalamazoo, MI 49007

Three residential units offer varied layouts near downtown Kalamazoo and Western Michigan University.

Property Size8,712 SF
Price / SF$34.42
Days on Market175

Property Features for 709 West Lovell Street

General Information

Standard status Active
Size 8,712 SF
Property subtype Multi Family / 2 to 4 Units
Zoning Residential/Mul

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 3

Additional Details

Gross Income $41,400

Taxes and HOA fees

Annual Taxes $6,835

Amenities

Wall Unit(s), Yes
Forced Air, Yes
Yes
Forced Air
Natural Gas
Wall Unit(s)
In Basement
0.0
Composition
Sep Electric Meter, Sep Gas Meter
Paved, Public
Daylight, Full
Wood Siding

Building Details

Year Built 1884
Units 3
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Adam Atwood · License #6506047769
Source: Compass
Added: Mar 8 Changed: Aug 30 Last Checked: Aug 30 at 3:45PM

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 Berkshire Hathaway HomeServices MI

Investment Insights

Based on property information with market context.

This 1884 triplex contains three residential units with distinct configurations: one one-bedroom, one two-bedroom, and one three-bedroom apartment, each with one bathroom. The units have been updated and maintained, while separate electric and gas meters support individual utility accounting. The property also includes forced-air heat, wall-mounted cooling, natural gas service, and a full daylight basement.

Located at 709 West Lovell Street in Kalamazoo’s Vine neighborhood, the property is walkable to Western Michigan University and Kalamazoo College. Downtown Kalamazoo, restaurants, shops, and entertainment are described as minutes away, placing the building within an established residential and institutional setting.

Key Highlights

  • Three‑unit triplex with one 1‑bedroom, one 2‑bedroom, and one 3‑bedroom unit
  • Each apartment includes 1 bathroom
  • Separate electric and gas meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Locksmith Travel Agency 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,806
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

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?
Triplex - Three residential units offer varied layouts near downtown Kalamazoo and Western Michigan University.
Where is this triplex located?
The property is located at 709 West Lovell Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑unit triplex with one 1‑bedroom, one 2‑bedroom, and one 3‑bedroom unit; Each apartment includes 1 bathroom; Separate electric and gas meters for each unit
More about this property
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