Kalamazoo, MI Triplexes for Sale

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16 properties

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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: May 20

Three-Unit Triplex Investment Property

755 Portage Street, Kalamazoo, MI 49001

$309,000

4,000 sqft 0.10 AC lot

Includes an 800 sq ft front apartment and a 2,000 sq ft rear unit plus an additional income‑producing unit
Off‑street parking and forced‑air heating in a vinyl‑siding triplex
New HVAC system and new water heater, plus 3‑inch spray foam insulation
Electric and gas are separately metered for the downstairs unit; separate water metering
Roofing includes rubber and composition materials

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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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Triplex Rental Property with Garage Unit

108 Hutchinson Street, Kalamazoo, MI 49001

$194,900

0.44 AC lot

Three-unit residential income property with updated mechanical systems and a certified rental status through 12/31/2027.

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Turnkey 3-Unit Rental Property

3116 N Whittier Drive, Kalamazoo, MI 49001

$199,888

0.14 AC lot

Recently renovated one-bedroom, one-bath units with assigned parking and leases in place in Kalamazoo.

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Three-Unit Residential Income Property

176 Oakhurst Avenue, Kalamazoo, MI 49001

$379,000

0.43 AC lot

Triplex offers a 3-bedroom main home plus two 1-bedroom units, each with kitchens, laundry, and key system updates.

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Well-Maintained 3-Unit Apartment

731 Village Street, Kalamazoo, MI 49008

$199,900

0.25 AC lot

Three-unit apartment building with on-site basement laundry and a rear off-street parking lot.

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Two-Building Triplex-Plus Property

809 W CEDAR ST, Kalamazoo, MI 49007

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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 Rental Property

122 Brookview Street, Kalamazoo, MI 49048

$226,500

0.29 AC lot

Well-maintained three-unit setup with updated systems and a backyard that backs directly to Comstock Creek.

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Three-Unit Apartment Building with Parking

617 Forest Street, Kalamazoo, MI 49008

$153,000

0.12 AC lot

Three-unit building in Kalamazoo with varied unit sizes and off-street parking.

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Updated Triplex with Unit Mix

709 West Lovell Street, Kalamazoo, MI 49007

$299,900

8,712 sqft

Three residential units offer varied layouts near downtown Kalamazoo and Western Michigan University.

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Three-Unit Triplex with Creek Backdrop

122 Brookview St, ComstockCharterTownship_, Kalamazoo, MI 49048

$226,500

Well-maintained three-unit triplex with two leased units and one available, updated with recent roof, paint, and furnace.

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Well-Maintained Triplex Investment Opportunity

176 Oakhurst Ave, Kalamazoo, MI 49001

$379,000

Triplex with main house and two attached one-bedroom units.

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Well-Maintained Three-Unit Apartment Building

731 Village St, Kalamazoo, MI 49008

$199,900

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

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3-Unit Triplex Property

1427 Portage Street, Kalamazoo, MI 49001

Contact for pricing

Three-unit residential income property with separate utility service and an as-is condition.

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Renovated Triplex

1312 E Vine Street, Kalamazoo, MI 49001

$155,000

Three apartments include two one-bedroom layouts and an upper-level two-bedroom unit.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 16 Active listings in Kalamazoo, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Triplex with Basement

625 Oak Street, Paw Paw, MI 49079

$185,000

0.26 AC lot

Three occupied apartments offer established tenancy, forced-air heating, and driveway parking in Paw Paw.

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Multifamily Investment Opportunity in Augusta

112 W Clinton Street, Augusta, MI 49012

$170,000

0.22 AC lot

Three-unit multifamily property with rental upside in Augusta, Michigan.

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Tenant-Occupied Three-Unit Triplex

625 Oak Street, Paw Paw, MI 49079

$190,000

The property has long-term tenants and is near downtown, shopping, restaurants, schools, and bus service.

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Multifamily Investment Opportunity in Augusta

112 W Clinton St, Augusta, MI 49012

$170,000

Three-unit property near downtown Augusta with rental upside.

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Kalamazoo, MI Triplexes Market Trends and Statistics

Explore 16 triplexes for sale in Kalamazoo, MI, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 21,912 square feet of properties for sale, with an estimated market value of $3,569,488.

Sale prices for three-family homes in Kalamazoo, MI start at $153,000, averaging $254,963, and reaching up to $379,000 — 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

Demographics Overview

Population 163K

Population Growth (5Y) -1.2%

Median Household Income $64,429

College Educated 36.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49008	$177.7K
49048	$234K
49001	$299K
49007	$314.9K

Taxes & Financing

Tax Rate (average for all types) 4.16%

Property Tax per SF $78.71 per SF

Average Loan-to-Value 65.0%

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

Office

Property Size Breakdown

The majority of commercial real estate listings in Kalamazoo fall within the 5,000 to 10,000 square foot range.

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