Residential Income

Parchment, MI Residential Income Properties for Sale

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Updated Duplex with Separate Utilities
Updated: Jul 21
Updated Duplex with Separate Utilities

224-226 Maple Street, Parchment, MI 49004

$240,000
0.20 AC lot
Two‑unit duplex with two bedrooms and one bathroom in each residence
Separate tenant‑paid utilities with two furnaces and two water heaters
Newer flooring, appliances, and replacement windows
Partial basement in Unit 1 contains the mechanical systems
Two storage sheds, one assigned to each unit
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Two-Unit Residential Income Duplex
Updated: Jul 24
Two-Unit Residential Income Duplex

224-226 Maple St, Parchment, MI 49004

$245,000
Well‑maintained duplex built in 1951 with two units, each offering 2 bedrooms and 1 bathroom
Replacement windows and newer flooring in both units
Each unit includes kitchen appliances: refrigerator and range
Separate utilities—tenant‑paid—with mechanicals for each unit in a partial basement (2 furnaces, 2 water heaters)
Shared property features include two storage sheds (one per unit) and a backyard that is almost completely fenced in
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Parchment, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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Updated Duplex in Kalamazoo, MI
Updated Duplex in Kalamazoo, MI

1503 N Westnedge Avenue, Kalamazoo, MI 49007

$119,900
0.07 AC lot

Updated upper/lower duplex, ideal for owner-occupants or investors.

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Farm-Style Greenhouse and Residence
Farm-Style Greenhouse and Residence

3607 N Westnedge Avenue, Kalamazoo, MI 49004

$575,000
137,255 sqft 6.69 AC lot

Multi-building property with a 1,892 SF residence and greenhouses totaling 126,516 SF on 6.69 acres in Kalamazoo.

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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

2508 Texel Drive, Kalamazoo, MI 49048

Contact for pricing

Side-by-side duplex with identical units, each featuring 3 bedrooms, 1.5 baths, garage, basement, and yard access.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Parchment Land with Existing Garage
Parchment Land with Existing Garage

221 W Thomas Street, Parchment, MI 49004

$49,000
0.19 AC lot

Land with garage; utilities available, new construction opportunity.

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Vacant Lot Near Universities
Vacant Lot Near Universities

926 S Park Street, Kalamazoo, MI 49001

$40,000
0.20 AC lot

0.2-acre vacant lot near Western Michigan University and Kalamazoo College.

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Residential Land in Kalamazoo, MI
Residential Land in Kalamazoo, MI

2924 Hunters Hill, Kalamazoo, MI 49048

Contact for pricing
0.56 AC lot

Residential land with design-build services and community amenities.

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Residential Land in Kalamazoo, MI
Residential Land in Kalamazoo, MI

2869 Hunters Run, Kalamazoo, MI 49048

Contact for pricing
0.38 AC lot

Residential land with design-build services and community amenities.

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Parchment, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Parchment, MI on our real estate platform.

Sale prices for residential income properties in Parchment, MI start at $240,000, averaging $242,500, and reaching up to $245,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Duplexes 2
Apartment buildings 1

Demographics Overview

Population 18K
Population Growth (5Y) +8.7%
Median Household Income $72,434
College Educated 43.2%

High-Yield Neighborhoods for Investment

Identify Parchment submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Kalamazoo - 49004 $730K

Listings Trend

New vs delisted commercial listings in Kalamazoo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kalamazoo County

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