$500,000
114 E Thomas St, Kalamazoo, MI 49004
Susan Hernandez
Berkshire Hathaway HomeServices MI
(269) 367-2546
$500,000
114 E Thomas St, Kalamazoo, MI 49004
Susan Hernandez
Berkshire Hathaway HomeServices MI
(269) 367-2546
$1,700,000
503 N Riverview Dr, Parchment, MI 49004
Adam Atwood Five Star Real Estate
Parchment, Michigan, named after the historic Kalamazoo Vegetable Parchment Company, is a small community with a population of around 2,000. The city is known for its outdoor activities and a "small hometown feel," with residents enjoying proximity to the 40-acre Kindleberger Park and the Kalamazoo River, which is popular for kayaking, paddleboarding, and fishing. The city features a variety of pre-World War II homes, including Cape Cod, ranch-style, and Colonial Revival houses, many of which are surrounded by mature trees. Kindleberger Park, often referred to as the "Jewel of Parchment," offers amenities such as a playground, tennis courts, a stage, and baseball fields, along with winding trails and a gazebo. Nearby, the 186-acre Spring Valley Park and the 160-acre Markin Glen Park provide additional attractions like disc golf, nature trails, and water sports. Dining options in Parchment include Geno's Golden Pizza & Pub, Buen Provecho Mexican Restaurant, and Spad’s Twisters Soft Serve Ice Cream, with more choices available just 4 miles away in downtown Kalamazoo. The Parchment School District serves the community, with Northwood Elementary being highly rated. Residents benefit from access to Kalamazoo’s Metro buses and nearby highways, with U.S. Highway 131 leading to Grand Rapids, about 50 miles north. The area experiences significant snowfall annually and receives its drinking water from Kalamazoo following a past contamination issue.
On average, homes in Parchment, MI sell after 7 days on the market compared to the national average of 53 days. The median sale price for homes in Parchment, MI over the last 12 months is $273,000, up 69% from the median home sale price over the previous 12 months.
In Parchment, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $500,000 to $1,700,000, there's a range to accomodate every budget. As of December, 2025 the median home price in Parchment is $309,500, while the average sale price is $273,000, offering insights into the local housing market. On average, multi-family homes spend 7 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Parchment, MI.