Multi Family homes for sale & real estate in 49048, MI

Multi Family Home for sale in 49048, MI:

Well maintained triplex in the highly desirable Stuart Neighborhood, known for its strong rental demand and close proximity to WMU, K-College, downtown Kalamazoo, bus lines, restaurants, and neighborhood shops. This property sits on a large lot with a shared drive, extensive private parking, and garage space, all supported by a low-maintenance exterior. Significant updates include three new furnaces, upgraded electrical, modernized wiring, and plumbing improvements for long-term reliability. The main-floor unit has been extensively remodeled to command top market rents or provide an ideal owner-occupied option for an investor looking to offset living expenses. The upper one-bed efficiency c

Multi Family Home for sale in 49048, MI:

3 unit apartment building with separate gas and electric meters for each unit. Fully occupied with newer roof, exterior painting, new water heater, new furnaces and some interior updates. Property is in process of rental certificate renewal and work should be complete prior to sale.

Multi Family Home for sale in 49048, MI:

NEW ON THE MARKET - 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 neighboring income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase

Multi Family Home for sale in 49048, MI:

5 unit Investment opportunity in the Vine Neighborhood, downtown Kalamazoo. Large lot with plenty of off-street parking. Close to WMU, Kalamazoo College and central business district. Three one-bedroom apartments and two studio apartments. Newer roof. Five furnaces and one water heater were recently installed and gas meters split.

Multi Family Home for sale in 49048, MI:

This well-kept fourplex sits on the north side of the Vine Neighborhood and offers a strong rental history with a current rent roll of $3,195/month and room to increase. All four residences are 1 bed, 1 bath and stay in demand thanks to the location and rents that include all utilities. 3 of the units have been fully renovated over the last 3 years. Inside, each unit blends classic charm with practical updates. Interiors have been refreshed at turnover to support rent growth. Unit #2 has painted cabinets, quartz countertop, a unique backsplash, remodeled bathroom with new vanity / LVP flooring and new carpet. Unit #3 has Unit 3 - Remodeled in 2025 kitchen with granite, LVP flooring througho

Multi Family Home for sale in 49048, MI:

Vine Neighborhood 5-unit building on desirable Wheaton Ave. This multi-unit building offers a large lot with plenty of off-street parking and a 4-stall garage. Unit 1 is a 3 bedroom, 2 full bathroom apartment with approximately 1,100 sqft. Units 2-5 are a mix of studios to 1 bedroom ranging from 600- 800 sqft. Lower level of unit #1 has legal living space (egress window in finished space in the basement). There are two furnaces and two central AC units. Additional opportunities for a new owner to increase income with 4-stall garage conversion to rental space/storage units (est. $100 per unit post-renovation), and a coin-op washer/dryer.