411 Stanwood Street, Kalamazoo, MI 49006

New Listing
$389,900
Property Type: Multi Family Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $389,900 List Date: 4/26/2026 Last Modified: 4/26/2026

Overview

Description

Investor opportunity you don't want to miss. This fully occupied 6-unit sits right next to Kalamazoo College and just minutes from downtown, keeping rental demand strong year-round. All units feature the same floor plan for operational simplicity, and all tenants are currently month-to-month, giving you the flexibility to increase rents and improve cash flow right away. Recent updates include a new garage door (2025) and coin-operated washer (2024). Solid income, prime location, and clear upside potential make this a great addition to any portfolio.

Listing Details MLS# 26018035

Location Property Info

County
Kalamazoo
Street #
411
Street Name
Stanwood
Suffix
Street
State
MI
Zip Code
49006
Zip (4)
4543

General Property Info

Lot Measurement
Acres
Lot Square Footage
6534
Lot Acres
0.15
Lot Dimensions
66x99
Year Built
1960
New Construction
No
Road Frontage
66
Total # Units
6
Total # Bldgs
Yes
Total Parking Spaces
8
Waterfront
No
School District
Kalamazoo
Association YN
No
Basement
No
# of Diff Unit Floor Plans
0

Tax Info

Tax ID #
06-21-127-008
Taxable Value
80558
SEV
112800
For Tax Year
2026
Seller's Annual Property Tax
5422.73
Tax Year
2025
Spec Assessment & Ty
None
Zoning
RM15C
Homestead %
0

Remarks Misc

Directions
Located west of downtown Kalamazoo near Kalamazoo College on Stanwood St.

Waterfront Options

Water Access Y/N
No

More Information

Access Feat

Accessibility Features
No

Income and Expenses

Annual Insurance
2748
Gross Op. Inc.
39550
Net Operating Income
6849
Operating Expense
32700.87

Unit 1

Unit Description
A
SqFt
400
Occupied
Yes
Monthly Rent
595
Bathrooms
Yes
Full Baths
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit Description
B
SqFt
400
Monthly Rent
610
Bathrooms
Yes
Full Baths
Yes
Garage
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit Description
C
SqFt
400
Monthly Rent
610
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Garage
Yes
Refrigerator
Yes

Unit 4

Unit Description
D
SqFt
400
Monthly Rent
575
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 5

Unit Description
E
SqFt
400
Monthly Rent
650
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 6

Unit Description
F
SqFt
400
Monthly Rent
595
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
W Lovell St & W Michigan Ave
Property Sub-Type
5+ Units
Municipality
Kalamazoo City
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
Investor opportunity you don't want to miss. This fully occupied 6-unit sits right next to Kalamazoo College and just minutes from downtown, keeping rental demand strong year-round. All units feature the same floor plan for operational simplicity, and all tenants are currently month-to-month, giving you the flexibility to increase rents and improve cash flow right away. Recent updates include a new garage door (2025) and coin-operated washer (2024). Solid income, prime location, and clear upside potential make this a great addition to any portfolio.
Legal
16508 COLLEGE ADDITION, LIBER 4 OF PLATS PAGE 1; THE WEST 1/2 OF LOT 2

Lot Description

Sidewalk
Yes

Street Type

Paved
Yes

Util Avail at Street

Electricity Available
Yes
Natural Gas 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
Other
Yes

Mineral Rights

Unknown
Yes

Laundry Features

Common Area
Yes

Exterior Material

Brick
Yes
Concrete
Yes
Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Baseboard
Yes
Radiant
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

None
Yes

Driveway

Paved
Yes

Substructure

Slab
Yes

Extras

Garages
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Laundry Features: Common Area Exterior Material: Brick; Concrete; Vinyl Siding Roofing: Composition Substructure: Slab Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Garages Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Baseboard; Radiant Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional; Other Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Garage; Range/Oven; Refrigerator Unit 3: Range/Oven; Garage; Refrigerator Unit 4: Range/Oven; Refrigerator Unit 5: Range/Oven; Refrigerator Unit 6: Range/Oven; Refrigerator
IDX
Listing Office: Jaqua, REALTORS
Listing Agent: Mark E Peterson
Source MLS Verified
Last Updated: April - 26 - 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.