232 Woodward Ave Kalamazoo, MI 49007
Stuart NeighborhoodEstimated payment $3,888/month
Highlights
- No HOA
- Hot Water Heating System
- 4-minute walk to West Main Park
- Window Unit Cooling System
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,907
Year Built
- Built in 1885
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 66x206
Home Design
- Brick Exterior Construction
- Composition Roof
- Stucco
Parking
- 8 Parking Spaces
- Driveway
Schools
- Woodward School For Technology And Research Elementary School
- Linden Grove Middle School
- Kalamazoo Central High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Hot Water Heating System
- Cable TV Available
Additional Features
- Laundry in Hall
- Basement Fills Entire Space Under The House
Listing and Financial Details
- The owner pays for water, sewer, gas
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $5,760
- Maintenance Expense $5,189
- Utility Expense $4,188
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,907 | $201,600 | $0 | $0 |
| 2024 | $5,009 | $174,100 | $0 | $0 |
| 2023 | $4,652 | $162,100 | $0 | $0 |
| 2022 | $5,527 | $130,400 | $0 | $0 |
| 2021 | $5,345 | $116,500 | $0 | $0 |
| 2020 | $5,246 | $106,500 | $0 | $0 |
| 2019 | $5,057 | $100,300 | $0 | $0 |
| 2018 | $5,058 | $91,500 | $0 | $0 |
| 2017 | $4,979 | $92,000 | $0 | $0 |
| 2016 | $4,979 | $89,100 | $0 | $0 |
| 2015 | $4,979 | $77,900 | $0 | $0 |
| 2014 | $4,979 | $68,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $550,000 | -8.3% | -- | |
| 10/06/2025 10/06/25 | For Sale | $600,000 | +0.8% | -- | |
| 06/10/2022 06/10/22 | Sold | $595,000 | 0.0% | -- | View Prior Sale |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- | |
| 04/04/2022 04/04/22 | Price Changed | $595,000 | +900.0% | -- | |
| 04/04/2022 04/04/22 | For Sale | $59,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $595,000 | Next Door Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | New Conventional |
Source: MichRIC
MLS Number: 25050858
APN: 06-16-418-016
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Information is deemed reliable but not guaranteed.
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