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About This Home
This 11-bedroom, 0-bathroom residential multi family at 3419 W Michigan Avenue in Kalamazoo, MI is listed for $415,000. Built in 1927, on a 0.43 acres lot.
Investment-minded buyers-take note! With its proven rental history and prime location within walking distance of Western Michigan University, this certified rental property offers strong cash flow and upside potential.Previously operated as student housing for up to 11 tenants, projecting $62,700-$79,200 annually (approx.
11-15% cap rate) at the new $415,000 price point. Certified with the City of Kalamazoo through Oct 2026, 3419 W Michigan Ave features two connected dwellings joined by a lockable enclosed corridor, allowing use as one large dwelling or two separate spaces.
Together they offer 11 bedrooms, 5 baths, updated flooring, modern kitchens with newer appliances and countertops, and in-unit laundry in each dwelling-a rare feature in student housing. Sitting on a 0.43-acre lot with 10 parking spots and full basements, this turnkey property offers excellent student housing potential in the WMU corridor.
Key Features
- Built in 1927
- 0.43 acre lot
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3419 W Michigan Avenue
Kalamazoo, MI 49006
Property Details
Construction
Heating
Cooling
Questions & Answers
This 11-bedroom, 0-bathroom residential multi family at 3419 W Michigan Avenue is listed at $415,000. The estimated monthly payment is $1,798 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.43 acre lot, 10 parking spaces.
This property is listed by Dustin J Phillips and can be reached at 7708826025 or dustin@michigantopproducers.com.