Property Type:
Multi Family
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$625,000
List Date:
8/25/2026
Last Modified:
8/25/2026
1327 Fraternity Village Drive, Kalamazoo, MI 49006
New Listing
$625,000
Overview
Description
Supplements:
Listing Details MLS# 26044786
Location Property Info
- County
- Kalamazoo
- Street #
- 1327
- Street Name
- Fraternity Village
- Suffix
- Drive
- State
- MI
- Zip Code
- 49006
- Zip (4)
- 5914
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 15246
- Lot Acres
- 0.35
- Lot Dimensions
- 94 x 175
- Year Built
- 2008
- New Construction
- No
- Financial Available
- Yes
- Financial Comments
- See Documents
- Cert of Compliance
- Yes
- Cert. of Compliance Exp Date
- 2028-07-29
- Road Frontage
- 94
- Total # Units
- 2
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- Yes
- Total Approx. SqFt All Bldgs
- 4048
- Total Parking Spaces
- 11
- Waterfront
- No
- School District
- Kalamazoo
- Basement
- Yes
Tax Info
- Tax ID #
- 06-20-321-012
- Taxable Value
- 264291
- SEV
- 279500
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 18026.31
- Tax Year
- 2025
- Spec Assessment & Ty
- none
- Zoning
- RM-15 multi-fam
- Homestead %
- 0
Remarks Misc
- Directions
- Michigan north to East on Fraternity Village Drive
Access Feat
- Accessibility Features
- No
More Information
Income and Expenses
- Annual Maintenance
- 2000
- Annual Utilities
- 0
Unit 1
- Unit #
- Yes
- Unit Description
- 1327
- SqFt
- 1830
- Occupied
- Yes
- Monthly Rent
- 2625
- Bathrooms
- 3
- Full Baths
- 3
- Central Air
- Yes
- Deck/Patio
- Yes
- Dishwasher
- Yes
- Garage
- Yes
- Range Oven
- Yes
- Refrigerator
- Yes
- Sep. Heat System
- Yes
- Washer/Dryer
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- 1329
- SqFt
- 2218
- Occupied
- Yes
- Monthly Rent
- 3150
- Bathrooms
- 3
- Full Baths
- 3
- Central Air
- Yes
- Dishwasher
- Yes
- Garage
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Location & Property Info
- Cross Streets
- Michigamme & Michigan
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Kalamazoo City
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 154.4
Remarks & Misc
- Public Remarks
- Outstanding opportunity to acquire a well maintained, income -producing two unit property ideally located within walking distance to Western Michigan University. A total of 11 bedrooms and 6 full bathrooms, this property combines size, location, amenities, established leases and strong rental history. Property highlights include: Unit #1- 5 bedrooms/3 full baths. Unit #2- 6 bedrooms/ 3 full bathrooms. Both units include laundry room with a washer and dryer, garage parking and additional off street parking. Both units also include 1 stove and 2 refridgerators and 1 dishwasher. Strong rental history with income already in place and certified with the City of Kalamazoo. Unit 1327 has a 1 year lease and 1329 has a 2 year lease inplace. Acquire a multiple Income -producing units in a single transaction. Proximity to Western Michigan Unvirsity, generous bedroom count, garage and off street parking, in-unit laundry, appliances, current rental certificatin and established rental history
- Legal
- FRATERNITY VILLAGE PART OF LOT 4 BEG AT THE NW COR OF LOT 4; TH N 59DEG 34MIN 21SEC E 103.0FT ALG THE NWLY LI OF LOT 4; TH S 30DEG 25MIN 39SEC E 9.64FT; TH N 59DEG 34MIN 21SEC E 76.64FT; TH S 30DEG 25MIN 39SEC E 43.06FT; TH N 59DEG 14MIN 53SEC E 9.67FT; TH S 30DEG 45MIN 07SEC E 39.0FT; TH S 59DEG 14MIN 53SEC W 173.20FT TO THE ELY R-O-W LI OF FRATERNITY VILLAGE DRIVE; TH NWLY 94.14FT ALG A CURVE TO
Lot Description
- Sidewalk
- Yes
- Other
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- Unknown
- Yes
Laundry Features
- In Basement
- Yes
Exterior Material
- Vinyl Siding
- Yes
- Other
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
Driveway
- Concrete
- Yes
- Paved
- Yes
Substructure
- Full
- Yes
- Walk-Out Access
- Yes
Extras
- Garages
- Yes
- Laundry Facility
- Yes
- Sep Electric Meter
- Yes
- Sep Gas Meter
- Yes
Owner Pays
- None
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Laundry Features:
In Basement
Exterior Material:
Vinyl Siding; Other
Roofing:
Composition
Substructure:
Full; Walk-Out Access
Lot Description:
Sidewalk; Other
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras:
Garages; Laundry Facility; Sep Electric Meter; Sep Gas Meter
Owner Pays:
None
Tenant Pays:
Electric; Gas; Sewer; Trash; Water
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Concrete; Paved
Street Type:
Paved; Public
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional
Possession:
Subject To Tenant Rights
Sale Conditions:
None
Unit 1:
Central Air; Deck/Patio; Dishwasher; Garage; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2:
Central Air; Dishwasher; Garage; Range/Oven; Refrigerator; Washer/Dryer
Listing Office:
i-VEST Real Estate Group
Listing Agent:
Bonnie k Granado
Last Updated: August - 25 - 2026
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.
