Kalamazoo, MI 49007 232 Woodward Avenue
$550,000



17 more

















Presented By: Kerry L Keefer Fischer at Five Star Real Estate - (269) 998-4062
Home Details
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.
Presented By: Kerry L Keefer Fischer at Five Star Real Estate - (269) 998-4062
Interior Features for 232 Woodward Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesCommon Area, In Hall
General for 232 Woodward Avenue
Additional Parcels Y/NNo
Attached Garage No
CityKalamazoo
Construction MaterialsBrick, Stucco
CoolingWindow Unit(s)
CountyKalamazoo
DirectionsHead east on W Main St toward N Dartmouth St
Turn left onto Woodward Ave
Destination will be on the right
HeatingHot Water
High School DistrictKalamazoo
Insurance Expense5760.0
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal Description46246 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; LOT 16. ALSO THE S 66FT OF THE N 330FT OF LOT 24.
Listing TermsCash, Conventional
Lot Size Square Feet13852.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MaintenanceExpense5189.0
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total5
Occupancy TypeOwner
OwnerPaysWater, Sewer, Gas
OwnershipPrivate Owned
PossessionSubject To Tenant Rights
Property Subtype5+ Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount11907.0
Tax Assessed Value175481
Tax Year2025
Tenant PaysElectric, Trash
TownshipKalamazoo City
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Year Built1885
Zoning DescriptionRM-15
Exterior for 232 Woodward Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions66x206
Lot FeaturesSidewalk
Lot Size Acres0.32
Lot Size Area0.32
Number of Buildings2
Parking FeaturesAsphalt, Driveway
SpaNo
Total Parking8.0
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Kalamazoo Central High School
Middle School
Linden Grove Middle School
Elementary School
Woodward School for Technology and Research Elementary School
Mario Zarantenello
Broker
