232 Woodward Avenue, Kalamazoo, MI 49007

$475,000
Property Type: Multi Family Lot Size (sq. ft.): 13,852 Status: Active
Current Price: $475,000 List Date: 2/16/2026 Last Modified: 4/10/2026

Overview

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.

Supplements: Whether you're expanding your portfolio or just beginning, 232 Woodward is a rare chance to own a Kalamazoo classic with strong rental potential.

Listing Details MLS# 26005619

Location Property Info

County
Kalamazoo
Street #
232
Street Name
Woodward
Suffix
Avenue
State
MI
Zip Code
49007
Zip (4)
3279

General Property Info

Lot Measurement
Acres
Lot Square Footage
13852
Lot Acres
0.32
Lot Dimensions
66x206
Year Built
1885
New Construction
No
Financial Available
No
Cert of Compliance
No
Road Frontage
66
Total # Units
5
# of Diff Unit Floor Plans
5
Total # Bldgs
2
Total Approx. SqFt All Bldgs
3118
Total Parking Spaces
8
Waterfront
No
School District
Kalamazoo
Elementary School
Woodward School for Technology and Research
Middle School
Linden Grove Middle School
High School
Kalamazoo Central High School
Association YN
No
Basement
Yes

Tax Info

Tax ID #
06-16-418-016
Taxable Value
175481
SEV
201600
For Tax Year
2025
Seller's Annual Property Tax
12131
Tax Year
2025
Spec Assessment & Ty
None
Zoning
RM-15
Homestead %
0

Remarks Misc

Directions
Head east on W Main St toward N Dartmouth St Turn left onto Woodward Ave Destination will be on the right

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Income and Expenses

Annual Insurance
5760
Annual Maintenance
5189
Annual Utilities
4188

Unit 1

Unit #
Yes
Unit Description
Unit 1
Occupied
Yes
Monthly Rent
1200
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Dishwasher
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
Unit 2
Occupied
Yes
Monthly Rent
799
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
Unit 3
Occupied
Yes
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Dishwasher
Yes
Refrigerator
Yes

Unit 4

Unit #
4
Unit Description
Unit 4
Monthly Rent
599
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 5

Unit #
5
Unit Description
Unit 5
Monthly Rent
850
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
W Kalamazoo Ave and W Main St
Property Sub-Type
5+ Units
Municipality
Kalamazoo City
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
152.34

Remarks & Misc

Public Remarks
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.
Legal
46246 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; LOT 16. ALSO THE S 66FT OF THE N 330FT OF LOT 24.

Lot Description

Sidewalk
Yes

Street Type

Public
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Public Sewer
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

Common Area
Yes
In Hall
Yes

Exterior Material

Brick
Yes
Stucco
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Trash
Yes

Driveway

Asphalt
Yes

Substructure

Full
Yes

Extras

Sep Electric Meter
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Water
Yes

Possession

Subject To Tenant Rights
Yes

Property Features

Laundry Features: Common Area; In Hall Exterior Material: Brick; Stucco Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter Owner Pays: Gas; Sewer; Water Tenant Pays: Electric; Trash Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Window Unit(s) Driveway: Asphalt Street Type: Public Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Dishwasher; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Dishwasher; Refrigerator Unit 4: Range/Oven; Refrigerator Unit 5: Range/Oven; Refrigerator
Listing Office: Five Star Real Estate
Listing Agent: Kerry L Keefer Fischer
IDX
Source MLS Verified
Last Updated: April - 10 - 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.