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    Kalamazoo County, MI Residential Income Properties for Sale

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    Turnkey Investment Opportunity with Development Potential
    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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    3-Unit Residential Income Property
    Updated: May 20
    3-Unit Residential Income Property

    755 Portage Street, Kalamazoo, MI 49001

    $309,000
    4,000 sqft 0.10 AC lot
    3‑unit property with 4,800 sq ft total and off‑street parking, plus two additional lots included in the sale
    Unit mix: 800 sq ft front apartment and 2,000 sq ft rear unit, with an additional income‑producing unit
    Seller pays water, sewer, and garbage; electric and gas are separately metered for the downstairs unit and water is separately metered
    Updates include a new HVAC system, new water heater, and 3‑inch spray foam insulation
    Roof materials: rubber and composition; exterior: vinyl siding
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    16-Bedroom Student Housing Residence
    16-Bedroom Student Housing Residence

    1500 Fraternity Village Drive, Kalamazoo, MI 49006

    $1,500,000
    8,772 sqft 1.11 AC lot

    Single-family income residence leased to a sorority features 16 bedrooms, a house-mother suite, commercial kitchen, and laundry facilities.

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    16-Unit Apartment Building
    16-Unit Apartment Building

    1710 E G Avenue, Kalamazoo, MI 49004

    $1,290,000
    0.86 AC lot

    Sixteen-unit income property with mostly recently renovated interiors and a mix of 2-bedroom and 1-bedroom units.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    6669 W H Ave, OshtemoCharterTownship_, Kalamazoo, MI 49009

    $589,000
    4,600 sqft

    Two well-sized units under one roof with attached two-car garages for flexible multi-living arrangements.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    6669 W H Avenue, Kalamazoo, MI 49009

    $579,000
    0.48 AC lot

    Two attached two-car garages support two separate residential units with multi-level living areas and laundry.

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    Historic Victorian Multifamily Building
    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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    Four-Unit Brick Apartment Building
    Four-Unit Brick Apartment Building

    10477 S Sprinkle Road, Vicksburg, MI 49097

    $525,000
    2.00 AC lot

    Four all-brick apartments on a 2-acre lot with separate electric meters for tenants.

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    25-Unit Apartment Community
    25-Unit Apartment Community

    525 North Arlington Street, Kalamazoo, MI 49006

    $1,850,000
    68,171 sqft

    A 25-unit apartment community with updated unit interiors and capital improvements, positioned near downtown and area institutions.

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    Historic Kalamazoo Multifamily Income Opportunity
    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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    Well-Maintained Four-Unit Residential Income
    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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    Historical 15-Unit Apartment Building
    Historical 15-Unit Apartment Building

    447 West Walnut Street, Kalamazoo, MI 49007

    $1,100,000
    13,504 sqft

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

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    Private All-Sports Lakefront Land
    Private All-Sports Lakefront Land

    Lemon Park, Vicksburg, MI 49097

    $3,100,000
    5.28 AC lot

    5.28-acre resort property with 15 lakefront cottages, a storage barn, and private all-sports lake frontage.

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    33-Unit All-Brick Apartment Property
    33-Unit All-Brick Apartment Property

    2907 S Burdick Street, Kalamazoo, MI 49001

    $2,900,000
    2.10 AC lot

    Well-maintained all-brick multifamily with 25-unit and 8-unit buildings plus recent mechanical and unit improvements.

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    Renovated Mixed-Use Apartment Building
    Renovated Mixed-Use Apartment Building

    1336 Portage Street, Kalamazoo, MI 49001

    $1,365,000
    0.18 AC lot

    Renovated property with 16 residential units and 4 commercial spaces, all residential units separately metered for electric.

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    Historical Kalamazoo Multifamily Investment Opportunity
    Historical Kalamazoo Multifamily Investment Opportunity

    447 W Walnut Street, Kalamazoo, MI 49007

    $1,100,000
    0.31 AC lot

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

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    Historic Two-Mansion Multifamily Property
    Historic Two-Mansion Multifamily Property

    316-324 Stuart Avenue, Kalamazoo, MI 49007

    $1,000,000
    26,136 sqft

    For sale historic multifamily with 18 apartments across two contiguous mansions, plus a carriage house and off-street parking.

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    Updated 9-Unit Multifamily Building
    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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    Duplex with Two Garages Per Unit
    Duplex with Two Garages Per Unit

    6669 West H Avenue, Kalamazoo, MI 49009

    $629,900
    2,347 sqft

    Each unit features separate living space with basements and a two-stall garage, plus gas fireplaces.

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    Turnkey Duplex with Separate Systems
    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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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    755 Portage Street, Kalamazoo, MI 49001

    $309,000
    4,800 sqft

    Turnkey three-unit property with off-street parking, separate utilities, and recent HVAC, water heater, and insulation updates.

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    Four-Unit Apartment Building with Single-Level Layout
    Four-Unit Apartment Building with Single-Level Layout

    521 N Spruce Street, Vicksburg, MI 49097

    $344,000
    0.42 AC lot

    Turn-key four-unit building with all units on one level and current full occupancy.

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    Turnkey Duplex with Two Basements
    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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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    3312 Lake Street, Kalamazoo, MI 49048

    $299,900
    0.26 AC lot

    Two recently redone 2-bedroom homes share a fenced back yard, with one featuring a large garage and central air.

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    Kalamazoo County, MI Residential Income Properties Market Trends and Statistics

    Explore 147 residential income properties for sale in Kalamazoo County, MI, showcased through 147 active listings on our real estate platform. These investment opportunities span a total of 387,738 square feet of properties for sale, with an estimated market value of $60,433,164.

    Sale prices for residential income properties in Kalamazoo County, MI start at $70,000, averaging $444,361, and reaching up to $3,100,000 — 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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