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About This Home
This 3-bedroom, 0-bathroom residential multi family at 3116 N Whittier Drive in Kalamazoo, MI is listed for $199,888. Built in 1912, on a 0.14 acres lot.
Turnkey 3-unit investment property in the desirable Milwood neighborhood of Kalamazoo. All three units have been fully renovated within the last 4 years with updated kitchens, bathrooms, and finishes throughout. Rents have been significantly increased from prior ownership, growing from a combined $2,010 per month to $2,589 per month gross, representing 29% rent growth with $31,068 in annual gross income.
The value-add work still to be done would be splitting utilities and further increasing rents. Each unit is one bedroom and one bath. Owner pays water, gas/electric, trash, landscaping, and snow removal. Plenty of parking is available with one assigned space per unit.
Current rents are Unit 1 at $849, Unit 2 at $900, and Unit 3 at $840. All units are occupied with leases in place. This is a stabilised, income-producing asset in a desirable area with modern interiors and strong rent history. Ideal for those looking for immediate cash flow. Gas/Electric = $407/mo Water/sewer $75/mo.
Key Features
- Built in 1912
- 0.14 acre lot
- 6 parking spaces
Property Details
Monthly Cost Estimate
$1,069/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3116 N Whittier Drive
Kalamazoo, MI 49001
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 0-bathroom residential multi family at 3116 N Whittier Drive is listed at $199,888. The estimated monthly payment is $866 based on 20% down at 6.5% interest.
Key features include: Built in 1912, 0.14 acre lot, 6 parking spaces.
This property is listed by Will Howson and can be reached at 2696155660 or will.howson@cbrealty.com.








