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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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232 Woodward Ave , Kalamazoo, MI 49007
$475,000
Est. Payment: $2,446.01/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 136
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

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.

Highlights

Listed by Kerry L Keefer Fischer , 269-998-4062 Five Star Real Estate , 269-998-4062. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.32

Year Built

1885

County

Kalamazoo

School District

Kalamazoo

Listing ID

26005619

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Full

Exterior Features

Lot:Sidewalk
Garage Capacity:8
Roof:Composition
Sewer:Public Sewer
Parking Features:Asphalt,Driveway
Principal Interest
$2,446
Taxes
$1,011

Home Price

$475,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,446.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,446.01 $1,010.92 $0.00 $3,456.93
Yearly $29,352.12 $12,131.00 $0.00 $41,483.12
Total $880,563.56 $363,930.00 $0.00 $1,244,493.56
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Kalamazoo, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC