722 Buchanan Avenue, Kalamazoo, MI 49008

$400,000

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Sold Price
$400,000
List Price
$630,000
Closing Date
Apr 30, 2026
Days on Market
32
MLS#
26000360
Status
SOLD
Type
Multifamily
Neighborhood
Greater Kalamazoo - K

Property Description

This stand-alone investment property features a total of 8 rental units — 7 with 2-bedrooms, 1-bath apartments and 1 unit with 1 bedroom and 1 bath. All units have long-term tenants and a solid rental history. In addition there is a shared laundry area for the tenants convenience. The building offers ample off-street parking and is conveniently located by shopping malls, restaurants and I-94.This is an excellent opportunity to add a low-maintenance, income-producing property to your portfolio. Bonus Opportunity: There are 3 additional income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase.

Additional Information

Owner Pays
Gas, Sewer, Trash Collection, Water
Taxes
$7,328
Acres
0.47
Basement
Partial
Heating
Baseboard, Hot Water
Roofing
Composition
School District
Kalamazoo
Sewer
Public Sewer
Tenant Pays
Electricity
Total Parking Spaces
12
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ron D Ekema from Listing Office: RE/MAX Advantage.

Selling Agent: Selling Office: .

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