3419 W Michigan Avenue, Kalamazoo, MI 49006

Local realty services provided by:ERA Reardon Realty Great Lakes
3419 W Michigan Avenue,Kalamazoo, MI 49006
$415,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dustin j phillips
Office: michigan top producers
MLS#:25045736
Source:MI_GRAR

Price summary

  • Price:$415,000

About this home

Investment-minded buyers—take note! With its proven rental history and prime location within walking distance of Western Michigan University, this certified rental property offers strong cash flow and upside potential. Currently leased to single families at $3,650/month combined, it previously operated as student housing for up to 11 tenants, projecting $62,700-$79,200 annually (approx. 11-15% cap rate) at the new $415,000 price point. Certified with the City of Kalamazoo through Oct 2026, 3419 W Michigan Ave features two connected dwellings joined by a lockable enclosed corridor, allowing use as one large dwelling or two separate spaces. Together they offer 11 bedrooms, 5 baths, updated flooring, modern kitchens with newer appliances and countertops, and in-unit laundry in each dwelling—a rare feature in student housing. Sitting on a 0.43-acre lot with 10 parking spots and full basements, this turnkey property offers excellent student housing potential in the WMU corridor.

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Home facts

  • Year built:1927
  • Listing ID #:25045736
  • Added:148 day(s) ago
  • Updated:February 01, 2026 at 04:44 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1927
  • Lot area:0.43 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$415,000
  • Tax amount:$10,111 (2024)

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