About This Home

This 11-bedroom, 6-bathroom residential multi family at 1327 Fraternity Village Drive in Kalamazoo, MI is listed for $625,000. Built in 2008, on a 0.35 acres lot.

Key Features

  • Built in 2008
  • 0.35 acre lot
  • 11 parking spaces

Property Details

6 full
11 spaces
2008

Amenities

A/C
Listing Description

Outstanding opportunity to acquire a well maintained, income -producing two unit property ideally located within walking distance to Western Michigan University. A total of 11 bedrooms and 6 full bathrooms, this property combines size, location, amenities, established leases and strong rental history.

Property highlights include: Unit #1- 5 bedrooms/3 full baths. Unit #2- 6 bedrooms/ 3 full bathrooms. Both units include laundry room with a washer and dryer, garage parking and additional off street parking. Both units also include 1 stove and 2 refridgerators and 1 dishwasher.

Strong rental history with income already in place and certified with the City of Kalamazoo. Unit 1327 has a 1 year lease and 1329 has a 2 year lease inplace. Acquire a multiple Income -producing units in a single transaction. Proximity to Western Michigan Unvirsity, generous bedroom count, garage and off street parking, in-unit laundry, appliances, current rental certificatin and established rental history distinguish this property from many smaller rental investments in the area

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

1327 Fraternity Village Drive

Kalamazoo, MI 49006

Property Details

Construction

Vinyl Siding

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 11-bedroom, 6-bathroom residential multi family at 1327 Fraternity Village Drive is listed at $625,000. The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2008, 0.35 acre lot, 11 parking spaces.

This property is listed by Bonnie k Granado.

BG

Bonnie k Granado

Agent at Ivest Real Estate Group LLC

Listed by Ivest Real Estate Group LLC · Broker phone: (269) 488-1630 · View on Broker Site · Broker website

MLS# 26044786· Source: Michigan Regional Information Center, LLC.· 69 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1327 Fraternity Village Drive, Kalamazoo, MI 49006

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