Building Details

Year Built 1890

Listing Agency: Five Star Real Estate a***@gmail.com Show Phone

Listed By: Adam Atwood · License #6506047769 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 8:28AM

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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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This well-maintained 3-unit apartment building offers a solid investment opportunity. The property generates consistent rental income, with a current gross monthly rent of $2956. Tenants have access to on-site laundry facilities located in the basement. A rear parking lot provides ample off-street parking. The property has a bike score of 60, indicating it is bikeable, and a walk score of 71, indicating it is very walkable.

Key Highlights

• Great Location on Major Hwy
• Rustic and Ready
• Various types of businesses will fit

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Electrical Service Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,443

Businesses Nearby

Explore this area Business Placement

Demographics for 49008, MI

18,343

Population

7,124

Households

2.6

Avg Household Size

31

Median Age

55%

College-Educated

95%

High-School Grad

6.7 sq mi

ZIP Area

2,738

Density / Sq Mi

$67,339

Median Household Income

$31,756

Median Earnings

$1,005

Median Rent

$202,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - Three-unit apartment building with consistent rental income and on-site laundry.

Where is this triplex located?

The property is located at 731 Village St Kalamazoo, MI.

What is the asking price?

The asking price for this property is $205,000.

What are key features of this property?

This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit