1327 Fraternity Village Drive Kalamazoo, MI $ 625,000
1327 Fraternity Village Drive
$ 625,000
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1327 Fraternity Village Drive

Kalamazoo, MI, 49006
$ 625,000
Baths0.0 Sq 4,048

Monthly Estimate*

$ 3,946

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $625,000. This 4,048 square foot home was built in 2008 on a lot size of 0.35.

Outstanding opportunity to acquire a well maintained, income -producing two unit property ideally located within walking distance to Western Michigan University. A total of 11 bedrooms and 6 full bathrooms, this property combines size, location, amenities, established leases and strong rental history. Property highlights include: Unit #1- 5 bedrooms/3 full baths. Unit #2- 6 bedrooms/ 3 full bathrooms. Both units include laundry room with a washer and dryer, garage parking and additional off street parking. Both units also include 1 stove and 2 refridgerators and 1 dishwasher. Strong rental history with income already in place and certified with the City of Kalamazoo. Unit 1327 has a 1 year lease and 1329 has a 2 year lease inplace. Acquire a multiple Income -producing units in a single transaction. Proximity to Western Michigan Unvirsity, generous bedroom count, garage and off street parking, in-unit laundry, appliances, current rental certificatin and established rental history

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Multi-Family Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,026

Style

Lot Size

0.35

Year Built

2008

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70554445

Features
General
Heating Forced Air
Garage Additional Garage(s)
Status Active Active
Year Built 2008
County Kalamazoo
Class MULTIFAMILY
Type Multi-Family
Municipality Kalamazoo
Zoning Multi-Family
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Kalamazoo (39022)
Primary City Kalamazoo
Directions Michigan north to East on Fraternity Village Drive
City Kalamazoo
School District Kalamazoo Public School District
Financial Terms Cash Conventional
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 25
DOM 4
Postal Code 49006
Price Per Sq Ft Total AG 154.4
Public Remarks Outstanding opportunity to acquire a well maintained
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Exterior
Exterior Other Vinyl Siding
Frontage 94
Lot Size Area 0.35
Lot Dimensions 94 x 175
Lot Description Sidewalks
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Bonnie Granado

Listing Agent

I-Vest Real Estate Group

Broker

pmsmgtllc@aol.com

Email

Affordability Calculator

$5,448
Per Month
72%
28%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$1,502
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2662308 Elementary School
2662311 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2026$625,000 Listed Price

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1327 Fraternity Village Drive, Kalamazoo, MI, 49006 is a Multi-Family Home for sale at $625,000 with 4,048 sqft and a lot size of 0.35. 1327 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