Property Type:
Multi Family
Lot Size (sq. ft.):
18,861
Status:
Active
Current Price:
$415,000
List Date:
9/06/2025
Last Modified:
2/09/2026
3419 W Michigan Avenue, Kalamazoo, MI 49006
$415,000
Description
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.
More Information MLS# 25045736
Location & Property Info
Cross Streets: Kenbrooke & Fraternity Village
Property Sub-Type: 2 to 4 Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 121.52
General Property Info
New Construction: No
Lot Dimensions: 86x232
Financial Available: Yes
Road Frontage: 87
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-10-26
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 3415
Total Parking Spaces: 10
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 18861
Lot Acres: 0.43
Year Built: 1927
Tax Info
Taxable Value: 140834
SEV: 146400
For Tax Year: 2024
Seller's Annual Property Tax: 10110.58
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: RM15
Tax ID #: 06-19-447-001
Remarks & Misc
Public Remarks: 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.
Legal: G19-4 SECTION 19 T2S R11W BEG IN THE S LI OF THE W 1/2 OF THE NE 1/4 OF THE SE 1/4 OF SECT 19, 82.5FT W OF THE SE COR THEREOF; TH N 89DEG 54MIN W 75.37FT ALG SD S LI; TH N 5DEG 04MIN W 225.07FT TO THE S LI OF WEST MICHIGAN AVENUE; TH N 68DEG 10MIN E 86.98FT ALG SD S LI; TH S 3DEG 15MIN E 257.2FT TO BEG. EXCLUDING BEG AT A PT ON THE S LI OF WEST MICHIGAN AVENUE, SD PT BEING 157.87FT W AND 225.07FT
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Util Avail at Street
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Substructure
Full: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 3419
Unit Description: 3419
SqFt: 1492
Occupied: Yes
Monthly Rent: 1700
Bedrooms: 5
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 3421
Unit Description: 3421
SqFt: 1900
Occupied: Yes
Monthly Rent: 1950
Bedrooms: 6
Bathrooms: 3
Full Baths: 3
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 3419
Street Direction: W
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49006
Zip (4): 5425
OfficeContract Info
Status: Active
Current Price: $415,000
List Price: $415,000
Listing Date: 2025-09-06
Remarks Misc
Directions: Take Howard St north to W Michigan, turn left onto W Michigan. The property will be on the left just before Kenbrooke Ct
Property Features
Exterior Material: Vinyl Siding
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Listing Office:
Michigan Top Producers
Listing Agent:
Dustin J Phillips
Last Updated: February - 09 - 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.
