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Four-Unit Multifamily Investment Property
For Sale
$199,000

912 Princeton Ave, Kalamazoo, MI 49007

Four-unit property with renovation and income potential.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market173

Property Features for 912 Princeton Ave

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,345

Building Details

Year Built 1915
Units 4
Listing Agency: Benchmark Capital Mmt LLC
Listed By: Nicole Turner · License #6501408649
Source: Elliman
Added: Mar 11 Changed: Aug 13 Last Checked: Aug 29 at 1:44PM

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 Benchmark Capital Mmt LLC

Investment Insights

Based on property information with market context.

This four-unit multifamily property presents an investment opportunity. Two units are currently rented, and a third is listed for rent. The fourth unit is currently used for storage but can be converted into a living space. The three units that are rental-ready or being prepared have been newly renovated. Each unit contains one bedroom and one bathroom.

Key Highlights

  • Four‑unit rental property offering investment potential.
  • Three units are rental‑ready or being prepared for rental.
  • Newly renovated units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Acupuncture Home Appliance Store Pet Store

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

1,215
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with renovation and income potential.
Where is this quadplex located?
The property is located at 912 Princeton Ave Kalamazoo, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Four‑unit rental property offering investment potential.; Three units are rental‑ready or being prepared for rental.; Newly renovated units.
More about this property
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