731 Village Street Kalamazoo, MI ^$ 225,000

731 Village Street

^$ 225,000

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731 Village Street

Kalamazoo, MI, 49008

^$ 225,000

Studio Baths0.0

Monthly Estimate*

^$ 1,404

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $225,000. This home was built in 1890 on a lot size of 0.25.

Discover this well-kept, city-certified 3-unit property in Kalamazoo's sought-after Vine neighborhood! Recent mechanical upgrades include zoned heating for each apartment and brand-new electrical panels, offering both comfort and efficiency. Enjoy a spacious back deck, patio, and extra green space, along with ample off-street parking. Ideal for an owner-occupant or as a strong addition to any rental portfolio, this property generates $3K+ per month in rental income when fully occupied. Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146

Multi-Family Pending

Price

^$ 225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,969

Style

2 to 4 Units

Lot Size

0.25

Year Built

1890

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

25040138

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected Storm Sewer

Possession Close Of Escrow

Roof Composition

Construction Materials Shingle Siding

Year Built 1890

Tenant Pays None

Township Kalamazoo City

Property Subtype 2 to 4 Units

Tax Year 2024

Gross Income 19170.13

County Kalamazoo

Net Operating Income 5995.23

Operating Expense 13174.9

New Construction N

Property Type Multi Family

Attached Garage N

MaintenanceExpense 1314.92

Status Pending

Directions From Westnedge Avenue go South to Village Street and then West to home.

City Kalamazoo

High School District Kalamazoo

Zoning Description R

Number Of Units Total 3

MLS Area Greater Kalamazoo - K

Lot Size Units Acres

Lot Size Square Feet 10890.0

Listing Terms VA Loan FHA Cash Conventional

Land Lease Y/N N

Tax Annual Amount 5969.0

Lease Renewal Y/N N

MLS Area Minor Greater Kalamazoo - K

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 77280

Legal Description 33896 POTTS ADDITION LOT 23

Senior Community None

Interior

Basement Michigan Basement

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Unpaved

Total Parking 5.0

Lot Size Area 0.25

Number of Buildings 1

Spa N

Lot Dimensions 64.68 x 165

Lot Size Acres 0.25

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 731

* Excluded Features

List By

Keller Williams Gr East

Broker

lucas@lucashowardgroup.com

Affordability Calculator

$1,901

Per Month

Monthly Principal & Interest: $1,404
Monthly Property Taxes: $497
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$397,584

Percent of Sale Price 77%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251492 Elementary School

248593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/8/2025	$225,000		Listed Price

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731 Village Street, Kalamazoo, MI, 49008 is a Multi-Family Home for sale at $225,000 with a lot size of 0.25. 731 Village Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 49008 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 12/19/2025.

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731 Village Street

Multi-Family Home for sale in Kalamazoo, MI

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