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  • $475,000

    232 Woodward Ave, Kalamazoo, MI 49007

    5beds
    5baths
    --sqft
    : 
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    5+ Units
    Built in 1885
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Historic detailsTwo one-bedroom apartmentsCharming studioHardwood floorsAmple off-street parkingSpacious two-bedroom apartmentOne-bedroom unit
    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.
    152 days
    |
    268
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerry L Keefer Fischer 269-998-4062,

    Five Star Real Estate 269-998-4062

    Source: MichRIC,MLS#: 26005619MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Hot Water
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: Common Area, In Hall
      Features
      • Basement: Full

      Property

      Parking
      • Total spaces: 8
      • Parking features: Asphalt, Driveway
      Lot
      • Size: 0.32 Acres
      • Dimensions: 66 x 206
      • Features: Sidewalk
      Details
      • Parcel number: 0616418016
      • Zoning description: RM-15

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Brick, Stucco
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1885

      Utilities & green energy

      • Sewer: Public Sewer, Storm Sewer
      • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Kalamazoo

      Financial & listing details

      • Tax assessed value: $175,481
      • Annual tax amount: $12,131
      • Date on market: 2/16/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/10/2026Price change$475,000-4%
        Source: MichRIC #26005619 Report a problem
        2/16/2026Listed for sale$495,000-10%
        Source: MichRIC #26005619 Report a problem
        2/1/2026Listing removed$550,000
        Source: MichRIC #25050858 Report a problem
        11/25/2025Price change$550,000-8.3%
        Source: MichRIC #25050858 Report a problem
        10/6/2025Listed for sale$600,000+0.8%
        Source: MichRIC #25050858 Report a problem
        6/10/2022Sold$595,000
        Source: MichRIC #22011118 Report a problem
        4/7/2022Pending sale$595,000
        Source: MichRIC #22011118 Report a problem
        4/4/2022Listed for sale$595,000
        Source: MichRIC #22011118 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,907 +6%$201,600 +15.8%
        2024$11,236 $174,100 +7.4%
        2023-- $162,100 +24.3%
        2022-- $130,400 +11.9%
        2021-- $116,500 +9.4%
        2020-- $106,500 +16.4%
        2018-- $91,500 -0.5%
        2017$4,979 $92,000 +3.3%
        2016$4,979 $89,100 +14.4%
        2015$4,979 $77,900 +14.4%
        2014$4,979 $68,100 -10.4%
        2013-- $76,000 -19.5%
        2012-- $94,400 +7%
        2011-- $88,200 -4.9%
        2010-- $92,700 -3.5%
        2009-- $96,100 -0.4%
        2008-- $96,500 -6.5%
        2004-- $103,200 +0.8%
        2003-- $102,350 +5.8%
        2002-- $96,750 +3.8%
        2001-- $93,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Stuart

        Getting around

        79 / 100
        Very Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Woodward School for Technology and Research
        • Middle: Linden Grove Middle School
        • High: Kalamazoo Central High School

        Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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