MLS # 26018035 (Michigan Regional Information Center (MichRIC))

Investor opportunity you don't want to miss. This fully occupied 6-unit sits right next to Kalamazoo College and just minutes from downtown, keeping rental demand strong year-round. All units feature the same floor plan for operational simplicity, and all tenants are currently month-to-month, giving you the flexibility to increase rents and improve cash flow right away. Recent updates include a new garage door (2025) and coin-operated washer (2024). Solid income, prime location, and clear upside potential make this a great addition to any portfolio.
Source: SparkMLS
Asking $389,900.
Annual property taxes run approximately $5,423 ($452/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
16508 COLLEGE ADDITION, LIBER 4 OF PLATS PAGE 1; THE WEST 1/2 OF LOT 2
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mark E Peterson
Jaqua, REALTORS
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
411 Stanwood Street, Kalamazoo, MI 49006
View full property history →
Municipality
Kalamazoo
View all listings →
We'll notify you when something hits the market in Kalamazoo or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.