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$736,000
299 Days On Site

232 E MICHIGAN Avenue
Kalamazoo City, MI 49007

For Sale|Multi Family|Active
1
Bed
2
Total Baths
2
Full Baths
3,240
SqFt
$227
/SqFt
1977
Built
Subdivision:
ORIGINAL PLAT - CITY OF KALAMAZOO
County:
Kalamazoo
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
232 E MICHIGAN Avenue232 E MICHIGAN Avenue232 E MICHIGAN Avenue232 E MICHIGAN Avenue
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Monthly Payment (Est.)

$3,358
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Welcome to this prime mixed-use property offering a unique blend of commercial space and modern living. The first floor features a thriving commercial space leased for the past six years to a successful Pizza Shop, benefiting from high foot traffic on Michigan Avenue. Nestled between Green Top Tavern and the Kalamazoo Mall, it's situated in the heart of downtown Kalamazoo, an area experiencing a resurgence. Blocks away from the Kalamazoo Event Center, a $300M construction project that will play home to WMU basketball and hockey teams along with the Kalamazoo Wings. The property backs onto Bates Alley, renowned for its vibrant nightlife, enhancing its attractiveness to future tenants. The second floor boasts high ceilings and exposed brick walls adding character and appeal. It is comprised of two spacious residential units, a 1010 sq ft, 1 bedroom loft apt with a full bathroom and the second an 805 sq ft, studio apt with a full bathroom. The apartments underwent a generational renovation five years ago. Modern amenities in each unit include new finishes, windows, on-demand tankless water heater, in-unit washer/dryer, dishwasher, and stainless steel appliances. HVAC system last serviced and air ducts cleaned Spring 2025. An agreement is in place for parking in the Portage St. lot behind the building. This investment opportunity combines cash flow from rented units with commercial viability, set against a rich historical backdrop. Don't miss your chance to own a property in Kalamazoo's growing downtown scene. Leases and detailed financials are available for review upon request with a Confidentiality Agreement submitted. Video tour available if needed. Please contact Yousif for additional information or with any questions.

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Listing Snapshot
Price 
$736,000
Days On Site 
299 Days
Bedrooms 
1
Inside Area (SqFt) 
3,240 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
1977
MLS® Number 
20250023924
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 months agoStatus changed to Active
6 months agoListing updated with changes from the MLS®
8 months agoPrice changed to $736,000
10 months agoListing first seen on site
General Features
Acres 
0.04
Cross Street 
E of Portage St / E off Michigan Ave
Disclosures 
Actual Income, Conformsto Zoning, Legal Rental Certified, No Encroachment, Exclusions Do Not Exist, No Restrictions, Taxes Not Homestead Exempt
Foundation 
Block
Levels 
Two
Parking 
Parking LotOff SitePaved
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
3240
Style 
CommonEntryBuildingDuplexLoft
Water Source 
Public
Zoning 
Commercial, MultiFamily, Multiple
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area39062Kalamazoo
Roads 
Paved
School District 
Kalamazoo
Schools
School District
Kalamazoo
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of EXP Realty - Mark White & Associates: (947) 500-6003



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IDX information is provided exclusively 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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