$760,000
Kalamazoo, MI 49008
MLS# 25057718
1 / 1
Property Description
NEW ON THE MARKET - This stand-alone investment property features a total of 8 rental units — 7 with 2-bedrooms, 1-bath apartments and 1 unit with 1 bedroom and 1 bath. All units have long-term tenants and a solid rental history. In addition there is a shared laundry area for the tenants convenience. The building offers ample off-street parking and is conveniently located by shopping malls, restaurants and I-94.This is an excellent opportunity to add a low-maintenance, income-producing property to your portfolio. Bonus Opportunity: There are 3 additional neighboring income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase. MLS #25008733 & #25008808
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 722
Street Name: Buchanan
Suffix: Avenue
State: MI
Zip Code: 49008
Zip (4): 3101
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $760,000
List Price: $760,000
Listing Date: 2025-11-11
General Property Info
Lot Measurement: Acres
Lot Square Footage: 20473
Lot Acres: 0.47
Lot Dimensions: 206 X 99
Year Built: 1972
New Construction: No
Road Frontage: 206
Total # Units: 8
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2676
Total Parking Spaces: 12
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-33-296-011
Taxable Value: 106004
SEV: 173300
For Tax Year: 2025
Seller's Annual Property Tax: 7328
Tax Year: 2025
Spec Assessment & Ty: None Known
Remarks Misc
Directions: S. Westnedge to Denway Dr, W. to Duke St. N to Buchanan Ave
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: #1
Occupied: Yes
Monthly Rent: 740
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: #2
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: #3
Occupied: Yes
Monthly Rent: 625
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: #4
Occupied: Yes
Monthly Rent: 600
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: #5
Occupied: Yes
Monthly Rent: 725
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: #6
Occupied: Yes
Monthly Rent: 725
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 8
Unit Description: #8
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 750
Unit 8
Unit #: 8
Unit Description: #8
Occupied: Yes
Monthly Rent: 900
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Partial
Lot Description: Cul-De-Sac; Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Laundry Facility; Tenant Storage
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Baseboard; Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Asphalt
Street Type: Paved; Public
Terms Available: Cash; Conventional; Tax Def Exchange
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: A/C Unit; Deck/Patio; Range Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 2: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Refrigerator; W/D Hookup; Washer/Dryer
Unit 4: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 5: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 6: Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Unit 7: Deck/Patio; Refrigerator; Range/Oven; W/D Hookup; Washer/Dryer
Unit 8: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Listing Office: RE/MAX Advantage
Listing Agent: Ron Ekema
Last Updated: December - 18 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.