731 Village Street, Kalamazoo, MI 49008 (MLS# 26013778)

731 Village Street, Kalamazoo, MI 49008

$199,900
Property Type: Multi Family Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $199,900 List Date: 6/02/2026 Last Modified: 7/27/2026

Overview

Description

This well-maintained 3-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $2956. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.

Listing Details MLS# 26013778

Location Property Info

County
Kalamazoo
Street #
731
Street Name
Village
Suffix
Street
State
MI
Zip Code
49008
Zip (4)
6103

General Property Info

Lot Measurement
Acres
Lot Square Footage
10890
Lot Acres
0.25
Lot Dimensions
65 x 165
Year Built
1890
New Construction
No
Financial Available
Yes
Financial Comments
Included in listing.
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2029-06-28
Road Frontage
64.68
Total # Units
3
# of Diff Unit Floor Plans
3
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
2357
Total Parking Spaces
5
Waterfront
No
School District
Kalamazoo
Basement
Yes

Tax Info

Tax ID #
39-06-21-290-023
Taxable Value
79675
SEV
92600
For Tax Year
2026
Seller's Annual Property Tax
5508.07
Tax Year
2025
Spec Assessment & Ty
None Known
Zoning
R
Homestead %
0

Access Feat

Accessibility Features
No

Unit 1

Unit Description
Unit 1
SqFt
Yes
Occupied
Yes
Monthly Rent
1206
Bathrooms
Yes
Full Baths
Yes
Range Oven
Yes
Refrigerator
Yes

More Information

Unit 2

Unit Description
Unit 2
SqFt
704
Occupied
No
Monthly Rent
950
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit Description
Unit 3
SqFt
547
Occupied
Yes
Monthly Rent
800
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
Oak St and Grant St
Property Sub-Type
2 to 4 Units
Municipality
Kalamazoo City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
84.81

Remarks & Misc

Public Remarks
This well-maintained 3-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $2956. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.
Legal
33896 POTTS ADDITION LOT 23

Street Type

Public
Yes

Util Avail at Street

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

Mineral Rights

Unknown
Yes

Laundry Features

In Basement
Yes

Exterior Material

Shingle Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

None
Yes

Tenant Pays

None
Yes

Driveway

Unpaved
Yes

Substructure

Michigan Basement
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Property Features

Laundry Features: In Basement Exterior Material: Shingle Siding Roofing: Composition Substructure: Michigan Basement 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; Storm Sewer Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Unpaved Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Sale Conditions: None Unit 1: Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator
IDX
Listing Office: Five Star Real Estate
Listing Agent: Adam Atwood
Source MLS Verified
Last Updated: July - 27 - 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.

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