This well-maintained 3-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $2956.
Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.
Active
$205,000
731 Village St, Kalamazoo, MI 49008
5beds
3baths
1,252sqft
2 to 4 Units
Built in 1890
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
- 92 days |
- 258 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Adam Atwood 269-377-4589,
Five Star Real Estate 269-377-4589
Source: MichRIC,MLS#: 26013778
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,252 sqft
Property
Parking
- Total spaces: 5
- Parking features: Unpaved
Lot
- Size: 0.25 Acres
- Dimensions: 65 x 165
Details
- Parcel number: 390621290023
- Zoning description: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Shingle Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Kalamazoo
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $79,675
- Annual tax amount: $5,508
- Date on market: 6/2/2026
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,314/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $205,000$164/sqft |
Source:  MichRIC #26013778 Report a problem | ||
| 5/7/2026 | Pending sale | $205,000$164/sqft |
Source: MichRIC #26013778 Report a problem | ||
| 4/6/2026 | Listed for sale | $205,000-8.9%$164/sqft |
Source: MichRIC #26013778 Report a problem | ||
| 2/9/2026 | Listing removed | $225,000$180/sqft |
Source: MichRIC #25040138 Report a problem | ||
| 1/20/2026 | Listed for sale | $225,000$180/sqft |
Source: MichRIC #25040138 Report a problem | ||
| 12/8/2025 | Pending sale | $225,000$180/sqft |
Source: MichRIC #25040138 Report a problem | ||
| 8/8/2025 | Listed for sale | $225,000$180/sqft |
Source: MichRIC #25040138 Report a problem | ||
| 5/5/2025 | Listing removed | $225,000$180/sqft |
Source: MichRIC #24057860 Report a problem | ||
| 11/5/2024 | Listed for sale | $225,000+11.4%$180/sqft |
Source: MichRIC #24057860 Report a problem | ||
| 5/27/2022 | Sold | $202,000+12.8%$161/sqft |
Source: MichRIC #22014001 Report a problem | ||
| 4/28/2022 | Pending sale | $179,000$143/sqft |
Source: MichRIC #22014001 Report a problem | ||
| 4/22/2022 | Listed for sale | $179,000$143/sqft |
Source: MichRIC #22014001 Report a problem | ||
| 6/21/2013 | Listing removed | $700$1/sqft |
Source: Gem Rentals, LLC Report a problem | ||
| 5/10/2013 | Listed for rent | $700$1/sqft |
Source: Gem Rentals, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,969 +17% | $92,600 +10.4% |
| 2024 | $5,101 | $83,900 +14% |
| 2023 | -- | $73,600 +16.3% |
| 2022 | -- | $63,300 +9% |
| 2021 | -- | $58,100 +11.3% |
| 2020 | -- | $52,200 +37% |
| 2018 | -- | $38,100 +5.8% |
| 2017 | $2,352 | $36,000 +10.1% |
| 2016 | $2,352 | $32,700 -0.3% |
| 2015 | $2,352 | $32,800 -0.3% |
| 2014 | $2,352 | $32,900 -7.8% |
| 2013 | -- | $35,700 -7.8% |
| 2012 | -- | $38,700 -13.6% |
| 2011 | -- | $44,800 -4.3% |
| 2010 | -- | $46,800 -5.6% |
| 2009 | -- | $49,600 -13.6% |
| 2008 | -- | $57,400 +20.8% |
| 2004 | -- | $47,500 +4.3% |
| 2003 | -- | $45,550 +8.6% |
| 2002 | -- | $41,950 +2.4% |
| 2001 | -- | $40,950 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Vine
Nearby schools
GreatSchools rating
- 6/10Woods Lake Elementary:A Magnet Center For The ArtsGrades: PK-5Distance: 1.9 mi
- 6/10Maple Street Magnet School For The ArtsGrades: 6-8Distance: 0.7 mi
- 8/10Loy Norrix High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Kalamazoo County
- Kalamazoo
- 49008
- Vine
- 731 Village St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Kalamazoo Topics
