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

912 Princeton Avenue, Kalamazoo, MI 49007

Four-unit property with renovation and income potential.

Property Size750 SF
Price / SF$265.33
Days on Market385

Property Features for 912 Princeton Avenue

General Information

Standard status Active
Size 750 SF
Property subtype Residential Income / Multi Family
Zoning Res Improved

Taxes and HOA fees

Annual Taxes $3,345

Amenities

Forced Air, Natural Gas
true
Yes
In Basement, Washer Hookup
4
Sidewalks

Building Details

Year Built 1915
Buildings 1
Listing Agency: Benchmark Capital Realty
Listed By: Nicole Turner · License #6506049641
Source: Compass
Added: Sep 16, 2025 Changed: Oct 4 Last Checked: Oct 4 at 12:10PM

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 Realty

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

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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
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?
Quadplex - Four-unit property with renovation and income potential.
Where is this quadplex located?
The property is located at 912 Princeton Avenue 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.
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