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About This Home

This 5-bedroom, 0-bathroom residential multi family at 232 Woodward Avenue in Kalamazoo, MI is listed for $495,000. Built in 1885, on a 0.32 acres lot.

Agent Description

Exceptional investment opportunity in the heart of Kalamazoo! This historic multi-unit property offers five rental units brimming with character and income potential. The main floor features two one-bedroom apartments, while the second level provides another one-bedroom unit along with a charming studio.

The third story showcases a spacious two-bedroom apartment, full of light and personality. Inside, you'll find a blend of updates across the units, with some apartments featuring refreshed kitchens and bathrooms, and hardwood floors. Throughout the property, historic details remain intact, from the original trim to the ornately crafted staircase railing, capturing the architectural beauty of the era.

The property includes ample off-street parking and retains its original carriage house, adding to its historic appeal. Just blocks from local college campuses and the vibrant downtown scene, this location is perfect for attracting long-term tenants who value both convenience and charm. Whether you're expanding your portfolio or just beginning, 232 Woodward is a rare chance to own a Kalamazoo classic with strong rental potential.

Key Features

  • Built in 1885
  • 0.32 acre lot
  • 8 parking spaces

Property Details

5 full
8 spaces
1885

Amenities

A/C

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

232 Woodward Avenue

Kalamazoo, MI 49007

Property Details

Construction

Brick Stucco

Parking

Driveway

Heating

Hot Water(Heating)

Cooling

Window Unit(s)

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 232 Woodward Avenue is listed at $495,000. The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1885, 0.32 acre lot, 8 parking spaces.

This property is listed by Kerry L Keefer Fischer and can be reached at 2699984062 or kerry@keeferfischerteam.com.

KF

Kerry L Keefer Fischer

Agent at Five Star Real Estate

(269) 998-4062

Listed by Five Star Real Estate

MLS# 26005619· Source: listhub· Updated 53 days ago

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232 Woodward Avenue, Kalamazoo, MI 49007

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