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Well-Maintained 6-Unit Apartment Building
For Sale
$360,000

922 S Park St, Kalamazoo, MI 49001

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

Property SizeContact for details
Days on Market121

Property Features for 922 S Park St

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,964

Building Details

Year Built 1905
Units 6
Listing Agency: Five Star Real Estate
Listed By: Adam Atwood · License #6506047769
Source: Elliman
Added: Apr 24 Changed: Aug 9 Last Checked: Aug 21 at 1:13PM

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 6-unit apartment building offers a solid investment opportunity. The property generates consistent rental income, with a current gross monthly rent of $5,350. 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 walk score of 81, indicating it is very walkable, and a bike score of 71, indicating it is very bikeable.

Key Highlights

  • Consistent rental income with a current gross monthly rent of $5,350.
  • Ample off‑street parking in the rear parking lot.
  • On‑site laundry facilities in the basement.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Carpet & Flooring Store Locksmith Acupuncture

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

2,929
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
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?
Apartment building - Six-unit apartment building with consistent rental income and on-site laundry.
Where is this apartment building located?
The property is located at 922 S Park St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Consistent rental income with a current gross monthly rent of $5,350.; Ample off‑street parking in the rear parking lot.; On‑site laundry facilities in the basement.
More about this property
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