$630,000
Kalamazoo, MI 49001
MLS# 25019257
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Property Description
Excellent Investment Opportunity! This 8-unit multi-family property in Kalamazoo offers incredible long-term value with long-standing tenants, some of whom have been in place for decades. The building is well-maintained and thoughtfully updated, including a new hot water tank and boiler (2021), new carpet in the hallway, and a new exterior door. Several unit updates add further appeal: new refrigerators in Units 5 & 7 and new ranges in Units 4 & 8. Each unit includes its own private storage closet, and rents remain very affordable for tenants, helping ensure consistent occupancy. Conveniently located near bus lines, shopping, and schools—this property is ideal for both seasoned investors and those just starting to build their portfolio.
Details
Maps
Documents
Location Property Info
County: Kalamazoo
Street #: 3227
Street Name: St Joseph
Suffix: Street
State: MI
Zip Code: 49001
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $630,000
List Price: $630,000
Listing Date: 2025-05-02
General Property Info
Lot Measurement: Acres
Lot Square Footage: 26136
Lot Acres: 0.6
Lot Dimensions: 132x198
Year Built: 1972
New Construction: No
Road Frontage: 132
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 10
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-34-234-009
Taxable Value: 92354
SEV: 141600
For Tax Year: 2024
Annual Property Tax: 6199.68
Tax Year: 2024
Zoning: CC
Remarks Misc
Directions: From downtown Kalamazoo, head southeast on Portage Street, then turn left onto E Cork Street. Continue straight and turn right onto Saint Joseph Street—3227 Saint Joseph will be on your right, just past the intersection with Miller Road
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Lower
SqFt: 580
Occupied: Yes
Monthly Rent: 570
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Lower
SqFt: 550
Occupied: Yes
Monthly Rent: 610
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Lower
SqFt: 550
Occupied: Yes
Monthly Rent: 600
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Lower
SqFt: 550
Occupied: Yes
Monthly Rent: 610
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Upper
SqFt: 550
Occupied: Yes
Monthly Rent: 610
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: Upper
SqFt: 550
Occupied: Yes
Monthly Rent: 590
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 7
Unit Description: Upper
SqFt: 550
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Monthly Rent: 610
Unit 8
Unit #: 8
Unit Description: Upper
SqFt: 550
Occupied: Yes
Monthly Rent: 590
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Common Area
Exterior Material: Concrete; Vinyl Siding
Roofing: Composition
Substructure: Full
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Public Sewer; Public Water
Extras: Tenant Storage
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Other
Heat Type: Baseboard; Hot Water
Air Conditioning: Window Unit(s)
Driveway: Asphalt
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: A/C Unit; Range Oven; Refrigerator
Unit 2: A/C Unit; Range/Oven; Refrigerator
Unit 3: Range/Oven; A/C Unit; Refrigerator
Unit 4: A/C Unit; Range/Oven; Refrigerator
Unit 5: A/C Unit; Range/Oven; Refrigerator
Unit 6: A/C Unit; Range/Oven; Refrigerator
Unit 7: Refrigerator; Range/Oven
Unit 8: A/C Unit; Range/Oven; Refrigerator
Lead Based Paint Disclosure 
Financials & Rent Roll 
Listing Office: Jaqua, REALTORS
Listing Agent: Mark Peterson
Last Updated: May - 12 - 2025
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