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.
Sold
$400,000
722 Buchanan Ave, Kalamazoo, MI 49008
15beds
8baths
--sqft
5+ Units
Built in 1972
-- sqft lot
$400,800 Zestimate®
$--/sqft
$1,511 Estimated rent
Home value
$400,800
$345,000 - $465,000
$1,511/mo
Zestimate® history
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$2,607/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ron D Ekema 269-323-9644,
RE/MAX Advantage,
Jerry F Slater 269-488-6503,
RE/MAX Advantage
Bought with:
Pat O'Brien, 6502102326
O'Brien Real Estate
Source: MichRIC,MLS#: 26000360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
Heating
- Baseboard, Hot Water
Cooling
- Wall Unit(s)
Features
- Basement: Partial
Property
Parking
- Total spaces: 12
- Parking features: Asphalt, Driveway
Lot
- Size: 0.47 Acres
- Dimensions: 206 x 99
- Features: Level, Cul-De-Sac
Details
- Parcel number: 0633296011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Kalamazoo
Financial & listing details
- Tax assessed value: $106,004
- Annual tax amount: $7,328
- Date on market: 1/5/2026
- Listing terms: Cash,Conventional,Tax Def Exchange
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $400,000-36.5% |
Source:  MichRIC #26000360 Report a problem | ||
| 2/9/2026 | Pending sale | $630,000 |
Source: MichRIC #26000360 Report a problem | ||
| 1/5/2026 | Listed for sale | $630,000-17.1% |
Source: MichRIC #26000360 Report a problem | ||
| 12/31/2025 | Listing removed | $760,000 |
Source: MichRIC #25057718 Report a problem | ||
| 11/11/2025 | Listed for sale | $760,000 |
Source: MichRIC #25057718 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,116 +4.8% | $173,300 -0.1% |
| 2024 | $6,787 | $173,400 +16.8% |
| 2023 | -- | $148,400 +8.6% |
| 2022 | -- | $136,700 +8.4% |
| 2021 | -- | $126,100 +7.5% |
| 2020 | -- | $117,300 +12% |
| 2018 | -- | $104,700 +4.3% |
| 2017 | $5,812 | $100,400 +13.4% |
| 2016 | $5,812 | $88,500 +1% |
| 2015 | $5,812 | $87,600 +4.9% |
| 2014 | $5,812 | $83,500 -23.4% |
| 2008 | -- | $109,000 -8% |
| 2004 | -- | $118,500 +7.1% |
| 2003 | -- | $110,650 +5.5% |
| 2002 | -- | $104,850 +2.2% |
| 2001 | -- | $102,600 |
Find assessor info on the county website
Neighborhood: South Westnedge
Nearby homes
- $--2 bd1 ba800 sqft722 Buchanan Ave #4, Kalamazoo, MI 49008Off Market
- $--2 bd1 ba700 sqft722 Buchanan Ave APT 2, Kalamazoo, MI 49008Off Market
- $229,8003 bd3 ba1.4k sqft723 Parker Ave, Kalamazoo, MI 49008Off Market
- $282,0002 bd1 ba-- sqft730 Buchanan Ave APT 1, Kalamazoo, MI 49008Off Market
- $--2 bd1 ba1k sqft730 Buchanan Ave APT 3, Kalamazoo, MI 49008Off Market
- $--1 bd1 ba600 sqft730 Buchanan Ave APT 2, Kalamazoo, MI 49008Off Market
- $17,000-- bd-- ba-- sqft731 Parker Ave, Kalamazoo, MI 49008Off Market
- $199,7002 bd1 ba-- sqft717 Parker Ave, Kalamazoo, MI 49008Off Market
Nearby schools
GreatSchools rating
- 6/10Woods Lake Elementary:A Magnet Center For The ArtsGrades: PK-5Distance: 1.1 mi
- 6/10Milwood Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Loy Norrix High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$400,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$400,800
- Michigan
- Kalamazoo County
- Kalamazoo
- 49008
- South Westnedge
- 722 Buchanan Ave
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