4238/4308 Moreland Street, Kalamazoo, MI 49001

$271,000

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Sold Price
$271,000
List Price
$550,000
Closing Date
Sep 17, 2025
Days on Market
3
MLS#
25039141
Status
SOLD
Type
Multifamily
Neighborhood
Greater Kalamazoo - K

Property Description

Excellent investment opportunity! This well-maintained two-building, eight-unit apartment complex offers strong income with $88,800 in gross annual rents and full occupancy. Features include six 2-bedroom units and two 1-bedroom units, a laundry room with coin-operated washer and dryer, and covered carports. Recent updates include newer windows and roofs, reflecting the pride of ownership throughout. Solid brick construction and rental certified through 2027 provide peace of mind for investors. Convenient layout and well-kept condition make this a turnkey addition to any portfolio.

Additional Information

Owner Pays
Trash Collection, Water, Sewer, Gas
Taxes
$11,935
Acres
0.36
Basement
Slab
Heating
Hot Water
Roofing
Composition
School District
Kalamazoo
Sewer
Public Sewer
Tenant Pays
Electric
Total Parking Spaces
8
Utilities
Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lucas Howard from Listing Office: Keller Williams GR East.

Selling Agent: Selling Office: .

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