$550,000
4238/4308 Moreland Street
Kalamazoo, MI, 49001
Excellent investment opportunity! This well-maintained two-building, eight-unit apartment complex offers strong income with $88,800 in gross annual rents and full occupancy. Features include six 2-bedroom units and two 1-bedroom units, a laundry room with coin-operated washer and dryer, and covered carports. Recent updates include newer windows and roofs, reflecting the pride of ownership throughout. Solid brick construction and rental certified through 2027 provide peace of mind for investors. Convenient layout and well-kept condition make this a turnkey addition to any portfolio.
Property Details
Price:
$550,000
MLS #:
25039141
Status:
Active
Beds:
0
Baths:
0
Address:
4238/4308 Moreland Street
Type:
Single Family
Subtype:
5+ Units
City:
Kalamazoo
Listed Date:
Aug 5, 2025
State:
MI
ZIP:
49001
Lot Size:
15,856 sqft / 0.36 acres (approx)
Year Built:
1960
Schools
School District:
Kalamazoo
Interior
Cooling
Window Unit(s)
Fireplaces Total
2
Heating
Hot Water
Laundry Features
Common Area, Lower Level
Exterior
Construction Materials
Aluminum Siding, Brick
Parking Features
Asphalt, Driveway
Parking Spots
8
Roof
Composition
Financial
Tax Year
2024
Taxes
$11,935
Mortgage Calculator
Map
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