722 Buchanan Avenue, Kalamazoo, MI 49008

$630,000
Property Type: Multi Family Lot Size (sq. ft.): 20,473 Status: Pending
Current Price: $630,000 List Date: 1/05/2026 Last Modified: 2/09/2026

Description

This stand-alone investment property features a total of 8 rental units — 7 with 2-bedrooms, 1-bath apartments and 1 unit with 1 bedroom and 1 bath. All units have long-term tenants and a solid rental history. In addition there is a shared laundry area for the tenants convenience. The building offers ample off-street parking and is conveniently located by shopping malls, restaurants and I-94.This is an excellent opportunity to add a low-maintenance, income-producing property to your portfolio. Bonus Opportunity: There are 3 additional income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase.

More Information MLS# 26000360

Location & Property Info

Cross Streets: Duke St. & Denway Cir. Property Sub-Type: 5+ Units Area: Greater Kalamazoo - K Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 235.43

General Property Info

New Construction: No Lot Dimensions: 206x99 Road Frontage: 206 Waterfront: No Basement: Yes Total # Units: 8 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Approx. SqFt All Bldgs: 2676 Total Parking Spaces: 12 School District: Kalamazoo Lot Measurement: Acres Lot Square Footage: 20473 Lot Acres: 0.47 Year Built: 1972

Tax Info

Taxable Value: 106004 SEV: 173300 For Tax Year: 2025 Seller's Annual Property Tax: 7328 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: None Known Tax ID #: 06-33-296-011

Remarks & Misc

Public Remarks: This stand-alone investment property features a total of 8 rental units — 7 with 2-bedrooms, 1-bath apartments and 1 unit with 1 bedroom and 1 bath. All units have long-term tenants and a solid rental history. In addition there is a shared laundry area for the tenants convenience. The building offers ample off-street parking and is conveniently located by shopping malls, restaurants and I-94.This is an excellent opportunity to add a low-maintenance, income-producing property to your portfolio. Bonus Opportunity: There are 3 additional income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase. Legal: G24-10 EDON PLAT LOTS 10, 11 & 12, EXC W 16FT LOT 12.

Waterfront Options

Water Access Y/N: No

Lot Description

Cul-De-Sac: 1 Level: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Public Sewer: 1 Public Water: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1 Tax Def Exchange: 1

Exterior Material

Brick: 1 Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Baseboard: 1 Hot Water: 1

Air Conditioning

Wall Unit(s): 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1

Driveway

Asphalt: 1

Substructure

Partial: 1

Extras

Laundry Facility: 1 Sep Electric Meter: 1 Tenant Storage: 1

Owner Pays

Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit #: 1 Unit Description: #1 Occupied: Yes Monthly Rent: 740 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Deck/Patio: 1 Range Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 2

Unit #: 2 Unit Description: #2 Monthly Rent: 0 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 3

Unit #: 3 Unit Description: #3 Occupied: Yes Monthly Rent: 625 Bedrooms: 1 Bathrooms: 1 Full Baths: 1 Range/Oven: 1 A/C Unit: 1 Deck/Patio: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 4

Unit #: 4 Unit Description: #4 Occupied: Yes Monthly Rent: 600 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 5

Unit #: 5 Unit Description: #5 Occupied: Yes Monthly Rent: 725 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 6

Unit #: 6 Unit Description: #6 Occupied: Yes Monthly Rent: 725 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 7

Unit #: 8 Unit Description: #8 Occupied: Yes Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Deck/Patio: 1 Refrigerator: 1 Monthly Rent: 750 Range/Oven: 1 W/D Hookup: 1 Washer/Dryer: 1

Unit 8

Unit #: 8 Unit Description: #8 Occupied: Yes Monthly Rent: 900 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Hookup: 1 Washer/Dryer: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

County: Kalamazoo Street #: 722 Street Name: Buchanan Suffix: Avenue State: MI Zip Code: 49008 Zip (4): 3101

OfficeContract Info

Status: Pending Current Price: $630,000 List Price: $630,000 Listing Date: 2026-01-05

Remarks Misc

Directions: S. Westnedge Ave to Denway Dr. West to Duke St. North to Buchanan

Status Change Info

Under Contract Date: 2026-02-06

Property Features

Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Partial Lot Description: Cul-De-Sac; Level Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water Extras: Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Baseboard; Hot Water Air Conditioning: Wall Unit(s) Driveway: Asphalt Street Type: Paved; Public Terms Available: Cash; Conventional; Tax Def Exchange Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: A/C Unit; Deck/Patio; Range Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 2: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 3: Range/Oven; A/C Unit; Deck/Patio; Refrigerator; W/D Hookup; Washer/Dryer Unit 4: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 5: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 6: Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 7: Deck/Patio; Refrigerator; Range/Oven; W/D Hookup; Washer/Dryer Unit 8: A/C Unit; Deck/Patio; Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer
Listing Office: RE/MAX Advantage
Listing Agent: Ron D Ekema
IDX
Last Updated: February - 09 - 2026
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