Listing provided courtesy of Five Star Real Estate- MLS# 26005619MLS Provider

232 Woodward AvenueKalamazoo, MI 49007

Multi-Family · 0.32 Acres
$475,000 Active

232 Woodward Avenue Overview

Time on Site:
133 days
Visits:
0

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.

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232 Woodward Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.32 Acres

Details

General

School Information

  • Elementary School: Woodward School for Technology and Research
  • Middle Or Junior School: Linden Grove Middle School
  • High School: Kalamazoo Central High School

Building Information

  • New Construction: No
  • Year Built: 1885

Location/Region

  • County Or Parish: Kalamazoo

Rent/Lease Information

  • Tenant Pays: Electric,Trash

Tax Information

  • Tax Annual Amount: 12131.0

General Information

  • Parcel Number: 06-16-418-016
  • Property Sub Type: 5+ Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Common Area,In Hall

Exterior

Parking Information

  • Parking Features: Asphalt,Driveway

Lot Information

  • Lot Features: Sidewalk
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Dimensions: 66x206
  • Lot Size Square Feet: 13852.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick,Stucco
  • Roof: Composition

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Storm Sewer

232 Woodward Avenue Neighborhood

Community

49007 (KALAMAZOO) Demographics

27
Median Age
3,006
Population Density (per sq. mile)
28%
College Educated
$34,033
Estimated Median Income
1,189
Estimated Total Home Owners
3,080
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

232 Woodward Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

232 Woodward Avenue Market Data

Based on the last 30 days in this zip code

$173,054
Average List Price
$120
Average Price per Square Foot
10
Properties Sold
98
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network