Kalamazoo County, MI Multifamily Properties for Sale

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Updated: May 21

Turnkey Investment Opportunity with Development Potential

755 Portage St, Kalamazoo, MI 49001

$317,000

4,800 sqft

Turnkey 3‑unit property with strong rental income.
Includes two additional lots, offering development potential.
New HVAC system, new water heater, and spray foam insulation for improved efficiency.**
Off‑street parking available.
Electric, gas, and water are separately metered for the downstairs unit.

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This listing looks promising.

Here's a quick look at some key insights for

755 Portage St, Kalamazoo, MI 49001

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$28K
Annual
Price @ 7% Cap

$403K
Above asking
Property Type

Commercial (General)
Built 1954

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Updated: Aug 6

Student Housing Quadplex with Garages

1201 Kimbark Avenue, Kalamazoo, MI 49006

$1,070,000

0.38 AC lot

Four multi‑bedroom units with up to 22 total bedrooms
Built in 2014 on 0.38 acres
22 total parking spaces, including attached multi‑car garages and a concrete driveway
Located near Western Michigan University
Central air conditioning and forced‑air heating

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16-Unit Apartment Building

1710 E G Avenue, Kalamazoo, MI 49004

$1,270,000

0.86 AC lot

Most apartments have recent interior renovations, with one- and two-bedroom layouts.

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Historic Victorian Multifamily Building

916 W Kalamazoo Avenue, Kalamazoo, MI 49007

$600,000

0.57 AC lot

Diverse rental mix includes a 2-bedroom apartment, multiple studios, and third-floor rooms with shared kitchen and bathrooms.

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All-Brick 4-Unit Quadplex

10477 S Sprinkle Road, Vicksburg, MI 49097

$525,000

2.00 AC lot

All-brick 4-unit quadplex on a 2-acre lot with independently metered electric and extensively remodeled units 1–3.

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Brick Apartment Buildings with Two Parcels

2907 S Burdick Street, Kalamazoo, MI 49001

$2,875,000

2.10 AC lot

Multi-unit rental property with updated boilers, water heaters, and selected unit renovations.

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Historic Kalamazoo Multifamily Income Opportunity

316/324 Stuart Avenue, Kalamazoo, MI 49007

$1,000,000

0.60 AC lot

Two historic mansions with 18 apartments near downtown Kalamazoo.

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Walkout Duplex With Three-Car Garage

1946 Nazareth Road, Kalamazoo, MI 49048

$358,000

2,800 sqft

Two separate living levels offer kitchens, laundry access, and private exterior entries.

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Two-Unit Duplex Near Campus

1312 Lafayette Avenue, Kalamazoo, MI 49006

$420,000

0.24 AC lot

Built in 2012, the property combines two residential units with open layouts and fully equipped kitchens.

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Well-Maintained Four-Unit Residential Income

1828 Winton Avenue, Kalamazoo, MI 49001

$399,900

0.23 AC lot

Milwood 4-unit property with 1-bedroom, 1-bath units, each separately metered with individual HVAC components.

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Turnkey Duplex with Two Basements

Kalamazoo, MI 49048

$239,888

1,400 sqft

Two separate 2-bedroom units with full basements, central air, and utilities paid by tenants.

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Walkout Duplex Home

1946 Nazareth Road, Kalamazoo, MI 49048

$358,000

0.32 AC lot

Two separate living levels offer flexible arrangements for rental use, multigenerational living, or owner occupancy.

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Duplex With Attached Garages

5792 Celery Street, Kalamazoo, MI 49048

$294,900

0.65 AC lot

Each residence includes two bedrooms, a private patio, full kitchen, laundry hookups, and independent mechanical systems.

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Four-Unit Apartment Building on Two Acres

10477 S Sprinkle Rd, Vicksburg, MI 49097

$525,000

2.00 AC lot

Remodeled four-unit apartment building on a spacious two-acre lot.

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Historic 15-Unit Brick Apartment Building

447 W Walnut Street, Kalamazoo, MI 49007

$975,000

0.31 AC lot

Three-story brick multifamily with 15 units, including 9 remodeled kitchens and bathrooms and electrical panel upgrades throughout.

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Updated 9-Unit Multifamily Building

415 W Walnut Street, Kalamazoo, MI 49007

$649,900

0.16 AC lot

Nine total units feature 8 studio apartments and 1 one-bedroom, with recent interior updates and major plumbing/electrical improvements.

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Historical 15-Unit Apartment Building

447 W Walnut St, Kalamazoo, MI 49007

$1,000,000

0.31 AC lot

Historical 15-unit apartment building in Kalamazoo's Vine Neighborhood.

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Remodeled Duplex for Investment or Owner-Occupancy

213 Burr Oak Street, Kalamazoo, MI 49001

$185,000

0.08 AC lot

Remodeled two-unit duplex on a small Kalamazoo lot with separate living areas and replaced electrical and plumbing.

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Two-Building Triplex-Plus Property

809 W CEDAR ST, Kalamazoo, MI 49007

Contact for pricing

4,400 sqft

Two buildings on one parcel offer seven residential units with off-street parking and city-certified status.

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Three-Unit Triplex Investment Property

755 Portage Street, Kalamazoo, MI 49001

$309,000

4,000 sqft 0.10 AC lot

Turnkey three-unit triplex with off-street parking and forced-air heating, plus recent HVAC and insulation updates.

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Two Mansion Multifamily with Carriage House

316 Stuart Avenue, Kalamazoo, MI 49007

Contact for pricing

9,276 sqft

18-unit multifamily formed by two contiguous historic mansions, with a carriage house, porches, off-street parking, and laundry.

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Turnkey Duplex with Separate Systems

1021 Avondale Circle, Kalamazoo, MI 49048

$239,888

0.27 AC lot

Two 2-bed/1-bath units with central air and separate heat, with tenants paying all utilities.

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Brick 24-Unit Apartment Complex

503 North Riverview Drive, Parchment, MI 49004

$1,700,000

601 sqft

Twenty-four apartments are spread across four brick three-story buildings with on-site coin laundry and 25 parking spaces.

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Updated Triplex with Garage

447 Stuart Avenue, Kalamazoo, MI 49007

$330,000

0.21 AC lot

Three-unit residential property with updated interiors, shared basement laundry, and a detached garage.

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Kalamazoo County, MI Multifamily Properties Market Trends and Statistics

Explore 118 multifamily properties for sale in Kalamazoo County, MI, showcased through 118 active listings on our real estate platform. These investment opportunities span a total of 152,999 square feet of properties for sale, with an estimated market value of $41,490,892.

Sale prices for multifamily properties in Kalamazoo County, MI start at $70,000, averaging $398,950, and reaching up to $2,875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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