232 Woodward Avenue Kalamazoo, MI $ 550,000
232 Woodward Avenue
$ 550,000
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232 Woodward Avenue

Kalamazoo, MI, 49007
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,431

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $550,000. This home was built in 1885 on a lot size of 0.32.

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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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,907

Style

5+ Units

Lot Size

0.32

Year Built

1885

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

25050858

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Brick Stucco
Year Built 1885
Tenant Pays Electric Trash
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2025
Ownership Private Owned
County Kalamazoo
Insurance Expense 5760.0
New Construction N
Property Type Multi Family
Attached Garage N
MaintenanceExpense 5189.0
Status Active
Directions Head east on W Main St toward N Dartmouth St Turn left onto Woodward Ave Destination will be on the right
City Kalamazoo
High School District Kalamazoo
Zoning Description RM-15
Number Of Units Total 5
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 13852.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 11907.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 175481
Legal Description 46246 TRASKS ADDITION LIBER 2 OF PLATS PAGE 26; LOT 16. ALSO THE S 66FT OF THE N 330FT OF LOT 24.
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Common Area In Hall
Total Baths 0
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Exterior
Parking Features Asphalt Driveway
Lot Features Sidewalk
Total Parking 8.0
Lot Size Area 0.32
Number of Buildings 2
Spa N
Lot Dimensions 66x206
Lot Size Acres 0.32
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 232
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* Excluded Features
List By
Five Star Real Estate

Broker

kerry@keeferfischerteam.com

Email

Affordability Calculator

$4,424
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$992
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.
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Nearby
5296414 Elementary School
4675108 Middle School
Kalamazoo Central High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$550,000 -8.33% Price Down
10/3/2025$600,000 Listed Price

Map


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232 Woodward Avenue, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $550,000 with a lot size of 0.32. 232 Woodward Avenue is a studio with 0.0 baths and was built in 1885. The property's zip code is 49007 which is in Kalamazoo, MI