About This Home
This 12-bedroom, 1-bathroom residential multi family at 8161 Stadium Drive in Kalamazoo, MI is listed for $625,000. Built in 2003, on a 2.54 acres lot.
Key Features
- Built in 2003
- 2.54 acre lot
- 4 parking spaces
Property Details
Amenities
Two duplexes (4-units) centrally located on Stadium Drive just west of 6th Street in desirable Oshtemo Township on over 2.5 acres. Each unit has an attached 1 car garage. Excellent opportunity for Buyer to capitalize on below market rents while enjoying strong and stable cash flow.
Separately metered gas and electric. LL pays trash and city water/sewer (potential income opportunity for Buyer). Unit details are provided below: 8161 - 3BR / 1BA @ $1,350/mo (tenant in place since 2016). Approx 1,050 SF. 8163 - 3BR / 1BA @ $1,350/mo (tenant in place since 2015).
Approx 1,050 SF. 8171 - 3BR / 1BA just vacated on 8/30/26. Seller is currently renovating. Approx 1,500 SF post reno. 8173 - 3BR / 2BA @ $1,900/mo. Freshly renovated with additional living room and den/office in the basement. Approx 1,500 SF. Pre-qualification or proof of funds required for showings.
Seller is a licensed broker in Michigan. Interior photos are the renovated 8173 unit. Duplexes are on two separate legal parcels with a shared driveway. 8161/63 is the East building and 8171/73 is the West building. Seller will only consider offers for both parcels. Will not sell separately.
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8161 Stadium Drive
Kalamazoo, MI 49009
Property Details
Construction
Heating
Cooling
Questions & Answers
This 12-bedroom, 1-bathroom residential multi family at 8161 Stadium 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 2003, 2.54 acre lot, 4 parking spaces.
This property is listed by David T Molnar and can be reached at 2693591616.