1327-1329 Fraternity Village Drive Kalamazoo, MI $ 544,000
1327-1329 Fraternity Village Drive
$ 544,000
Share Save

1327-1329 Fraternity Village Drive

Kalamazoo, MI, 49006
$ 544,000
Baths0.0

Monthly Estimate*

$ 3,394

1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 1
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 2
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 3
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 4
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 5
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 6
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 7
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 8
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 9
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 10
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 11
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 12
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 13
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 14
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 15
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 16
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 17
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 18
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 19
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 20
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 21
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 22
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 23
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 24
1327-1329 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 25
View a Virtual Tour
Studio

Multi-Family Home for sale in Kalamazoo, MI

for $544,000. This home was built in 2008 on a lot size of 0.35.

Located just minutes from the Western Michigan University campus, this fully leased duplex is a turn-key investment opportunity in one of Kalamazoo's most sought-after student rental markets. The property features two spacious units with a total of eleven bedrooms and six full bathrooms. Unit 1327 offers five bedrooms and three full bathrooms, along with in-unit laundry and four garage stalls, each equipped with automatic openers. Unit 1329 includes six bedrooms and three full bathrooms, also with in-unit laundry and five garage stalls with openers. Both units are thoughtfully designed for student living with ample space, modern conveniences, and private access to parking. The entire property is currently fully occupied at $525 per bedroom, with tenants responsible for all utilities. This ensures strong, consistent rental income and low operating expenses. With its unbeatable location, generous bedroom count, and excellent amenities, this duplex is a high-performing asset ideal for investors seeking reliable cash flow in a competitive student housing market. For more information or to schedule a private showing, reach out today. Opportunities like this don't come around often.

See more

Multi-Family Active

Price

$ 544,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,275

Style

2 to 4 Units

Lot Size

0.35

Year Built

2008

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

25017356

Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Concrete Vinyl Siding
Year Built 2008
Tenant Pays Trash Sewer Gas
Township Kalamazoo City
Property Subtype 2 to 4 Units
Tax Year 2025
Accessibility 36 Inch Entrance Doo
County Kalamazoo
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Howard St to Michigan Ave west on Michigan Ave to Fraternity Village south on Fraternity Village to red bldg on the left ***or*** Drake Rd to KL Ave west on KL
City Kalamazoo
High School District Kalamazoo
Number Of Units Total 2
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 15246.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 17275.34
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=TAuUWLdPXrH
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 257343
Legal Description FRATERNITY VILLAGE Part of Lot 4 Beg at the NW cor of Lot 4; th N 59deg 34min 21sec E 103.0ft alg the NWLY li of Lot 4; th S 30deg 25min 39sec E 9.64ft; th N 59deg 34min 21sec E 76.64ft; th S 30deg 2
Senior Community None
See more
Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Basement In Unit
Total Baths 0
See more
Exterior
Parking Features Concrete Driveway
Total Parking 18.0
Lot Size Area 0.35
Number of Buildings 1
Spa N
Lot Dimensions 94x175 Irregular
Lot Size Acres 0.35
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 13271329
See more
* Excluded Features
List By
Five Star Real Estate

Broker

atwoodproperties@gmail.com

Email

Affordability Calculator

$4,833
Per Month
70%
30%
0%
Monthly Principal & Interest
$3,394
Monthly Property Taxes
$1,440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2025$544,000 -0.91% Price Down
4/24/2025$549,000 Listed Price

Map


See all

1327-1329 Fraternity Village Drive, Kalamazoo, MI, 49006 is a Multi-Family Home for sale at $544,000 with a lot size of 0.35. 1327-1329 Fraternity Village Drive is a studio with 0.0 baths and was built in 2008. The property's zip code is 49006 which is in Kalamazoo, MI