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$189,900
26023751 MLS ACTIVE Status
** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 01/30/2027 Excellent opportunity to add a strong cash-flowing duplex to your investment portfolio! This well-positioned property at 418-420 Elm Street in Kalamazoo features two spacious units with reliable rental income already in place. Unit 418 offers a 2-bedroom layout currently rented for $800/month, while Unit 420 features a larger 3-bedroom layout bringing in $1,200/month. Newer roof; newer furnaces and water heaters. Each tenant pays electric and gas. With separate living spaces and solid income potential, this property is ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental revenue. Conveniently located near downtown, shopping, dining, and local amenities, this duplex offers a great combination of value, opportunity, and long-term upside.

418-420 Elm Street, Kalamazoo

$199,900
26023749 MLS ACTIVE Status
** CONV. / FHA / VA / LAND CONTRACT CITY CERTIFED RENTAL UNTIL 12/31/2027 Excellent income-producing opportunity in Kalamazoo! 108 Hutchinson features three rental units with strong cash flow already in place. Unit 1 is a spacious 3-bedroom apartment currently rented for $1,130/month. Unit 2 is a 1-bedroom unit bringing in $600/month, while Unit 3 is a desirable 2-bedroom apartment located above the garage and currently rented for $850/month. With a total monthly rental income of $2,580, this property makes a fantastic addition to any investment portfolio. Newer roof; newer furnaces and water heaters. Landlord pays Water/sewer & trash. Conveniently located near downtown Kalamazoo, shopping, dining, and local amenities, this multi-unit property offers steady income potential and long-term upside for investors looking to expand their portfolio.

108 Hutchinson Street, Kalamazoo

$1,490,000
2 Baths 26023662 MLS ACTIVE Status
24,454 SF light industrial building available for sale on approximately 1.75 acres. Former lab facility offering a unique blend of office and production space, ideal for research/development, light industrial, storage, showroom, or cannabis-related uses, subject to M-1 zoning. Building features include fire suppression, electrical upgrades, a fully fenced and secured lot, 10'-14' ceilings, one loading dock and one grade level door. Well-maintained facility and one of the few lab-equipped industrial properties currently available in the market. For potential buyers, M-1 Zoning allows for grow, processing and retail of cannabis products (subject to formal zoning approvals from the City of Kalamazoo).

1206 E Crosstown Parkway, Kalamazoo

$499,900
26020369 MLS ACTIVE Status
7-unit value-add opportunity in the heart of Kalamazoo with multiple paths to ownership and strong upside potential. This property includes two buildings (4-unit and 3-unit) on one parcel, offering flexibility for owner-occupants, investors, or those looking to grow their portfolio. The property presents a clear opportunity to increase income through lease-up and operational improvements. Several units have been updated while others provide a path for continued improvements and repositioning. Located near Western Michigan University, Kalamazoo College, downtown, and major amenities, the property benefits from consistent rental demand and long-term growth potential. Seller is offering flexible purchase options including land contract terms and is open to DSCR financing buyers. Ideal for owner-occupants looking to live in one unit while stabilizing the remaining units. To support lease-up, seller is offering a structured income support credit for any vacant units at the time of closing, providing added confidence during the transition period. Off-street parking, functional unit layouts, and a location that continues to see strong rental demand make this a compelling opportunity for buyers ready to execute. Property is city-certified. Rent roll and financials available upon request. Seller is a licensed real estate agent in the State of Michigan

809-807 W Cedar Street, Kalamazoo

$649,900
26018721 MLS ACTIVE Status
Turnkey investment opportunity in the heart of Kalamazoo's sought-after Vine Neighborhood! Ideally located just minutes from parks, restaurants, hospitals, universities, and local shops, this well-positioned property offers both convenience and strong rental appeal. The building features 9 total units--8 studio apartments and 1 one-bedroom unit, making it an excellent addition to any portfolio. Recently updated throughout, each unit showcases new kitchens & appliances, updated bathrooms, new flooring, and modern lighting, creating a clean, low-maintenance living space tenants will appreciate. Major capital improvements have already been completed, including new plumbing and updated electrical systems with separate electrical boxes, offering added efficiency, reliability, and ease of management. With its prime location near major employment and education hubs, combined with extensive updates inside and out, this property is positioned for strong occupancy and long-term performance.

415 W Walnut Street, Kalamazoo

$199,900
26017298 MLS ACTIVE Status
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand. One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck. Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.

417 Locust Street Unit 1 & 2, Kalamazoo

$88,800
26013965 MLS ACTIVE Status
Opportunities like this don't come around often. Just a block from Woodward Elementary in Kalamazoo, this historic Queen Anne offers over 4,000 sq ft above grade and has been fully taken down to the studs. Giving you a true blank canvas to build exactly what you want. Zoned for multi-family or commercial use, the layout and size lend themselves well to a potential 5-8 unit redevelopment. Whether you're planning income-producing rentals, student housing near WMU and Kalamazoo College, or a unique mixed-use concept, the groundwork is already done. With original character like a turret and wrap-around porch still intact, this is your chance to blend historic charm with modern design in a way that stands out and performs. A Hold Harmless must be signed prior to viewing the property.

836 West North Street, Kalamazoo

$3,995,000
8 Baths 26008970 MLS ACTIVE Status
FOR SALE: Class A 23,059 SF R&D office building located within Western Michigan University's Business Technology and Research Park in Kalamazoo. The property features extensive window lines and a flexible floor plan with a mix of private offices and open work areas. The building is 87% leased to long-time tenants including EPS Security, StructureTec, and Jones & Henry Engineering, with one suite recently vacated due to tenant expansion and currently being marketed for lease. Positioned minutes from US-131 and I-94 with direct proximity to Western Michigan University's College of Engineering, providing access to a strong regional talent pipeline. Building is zoned CBTR - Commercial, Business, Technology, and Research in City of Kalamazoo. Sale price is based on 7.7% cap rate and 13% vacancy rate. Contact agent for confidentiality agreement to receive additional information. Contact Jodi Milks, CCIM, NAI Wisinski of West Michigan, at (269) 207-1040 or via email at jodim@naiwwm.com for additional information.

4775 Campus Drive, Kalamazoo

$475,000
26005619 MLS ACTIVE Status
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.

232 Woodward Avenue, Kalamazoo