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Kalamazoo Multifamily Investment Opportunity
For Sale
$199,000

912 Princeton Avenue, Kalamazoo, MI 49007

MULTI_FAMILY - Kalamazoo, MI

Property SizeContact for details
Lot Size0.50 Acres
Days on Market331

Property Features for 912 Princeton Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res Improved
Bedrooms 4
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Basement
Parking 3
Parking features Paved or Surfaced
Basement Full
Lot features Sidewalk
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions 131 S take exit 41, turn left on Drexel, Turn Left onto Princeton, home is on the righthand side of street
Subdivision Greater Kalamazoo - K
Standard status Active
APN 39-06-15-121-008
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3345

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1915
Number of units 4
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Benchmark Capital Realty
Listed By: Nicole Turner · License #6501408649
Added: Sep 26, 2025 Changed: Jul 25 Last Checked: Aug 22 at 4:06AM
MLS# 25049547

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in Kalamazoo, Michigan, presents an investment opportunity. The property consists of four units, each featuring one bedroom and one bathroom. Two of the units are currently rented, and a third is listed for rent. The fourth unit is presently used for storage but can be converted into a living space with minimal effort. The three units that are rental-ready or nearing readiness have been recently renovated. The property is situated on a lot of approximately 0.5 acres.

Key Highlights

  • 4‑unit rental property built in 1915
  • All units are 1 bed and 1 bath; three units are rental ready/being ready
  • Newly renovated rental 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.

Lease Details

4
Residential units

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit rental property with renovation and conversion 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: 4‑unit rental property built in 1915; All units are 1 bed and 1 bath; three units are rental ready/being ready; Newly renovated rental units
More about this property
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