3419 W Michigan Avenue, Kalamazoo, MI 49006

$ 415,000
3419 W Michigan Avenue, Kalamazoo, MI 49006, Kalamazoo
Active

Overview

  • Updated On:
  • February 9, 2026

Description

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.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.

Address: 3419 W Michigan Avenue, Kalamazoo, MI 49006
City:
State/County:
Zip: 49006
Country: United States

Property Id: 426560
Price: $ 415,000
Property Lot Size: 0 ft2
MLS #: 25045736

Other Features
Has Cooling System
Has Heating System

$ 2,127.79
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,609.04

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