232 Woodward Avenue, Kalamazoo City, MI 49007
Kalamazoo County
Key Facts
Description
Exceptional investment opportunity in the heart of Kalamazoo! This historic multi-unit property offers five rental units brimming with character and income potential. The main floor features two one-bedroom apartments, while the second level provides another one-bedroom unit along with a charming studio. The third story showcases a spacious two-bedroom apartment, full of light and personality. Inside, you'll find a blend of updates across the units, with some apartments featuring refreshed kitchens and bathrooms, and hardwood floors. Throughout the property, historic details remain intact, from the original trim to the ornately crafted staircase railing, capturing the architectural beauty of the era. The property includes ample off-street parking and retains its original carriage house, adding to its historic appeal. Just blocks from local college campuses and the vibrant downtown scene, this location is perfect for attracting long-term tenants who value both convenience and charm.Whether you're expanding your portfolio or just beginning, 232 Woodward is a rare chance to own a Kalamazoo classic with strong rental potential.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1885
Living Area
3,118 sq ft
Lot Size
0.32 acres
Lot Dimensions
66x206
Parking Spaces
8
Days on Market
136
MLS® Listing#
66026005619
Property Features
Cooling
Heating
Basement
Parking
Laundry
Construction
Roof
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$12,131
Tax year 2025
Assessed Value
$175,481
Parcel Number
0616418016
Directions
Head east on W Main St toward N Dartmouth St Turn left onto Woodward Ave Destination will be on the right
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kalamazoo City, MI
- $235,801
- Median Listing Price
- 62
- Median Days on Market
- 1,488
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 13,750
- Active Listings
- This home’s price is 101% above the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kalamazoo City, MI.
Location
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Points of Interest in Kalamazoo City, MI
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1124 Mechanic Street, Big Rapids City, MI | $334,900 | 4 | 3 | 1,882 |
| 8076 Winona Avenue, Allen Park City, MI | $334,900 | 4 | 3 | 2,025 |
| 5815 Chicago Road, Warren City, MI | $334,900 | 4 | 2 | 2,720 |
| 951 E Grand Boulevard, Detroit City, MI | $334,900 | 6 | 4 | 3,609 |
| 1378 36th Street SE, Grand Rapids City, MI | $334,900 | 4 | 2 | 1,656 |
| 3185 Quail Ridge Court, Clio City, MI | $334,900 | 4 | 3 | 1,882 |
Moving Cost Estimate
EXIT Agents in Kalamazoo City
Listing Courtesy: Five Star Real Estate - 2699984062
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