Skip main navigation
For sale
  • $549,000

    1327-1329 Fraternity Village Dr, Kalamazoo, MI 49006

    11beds
    6baths
    3,948sqft
    : 
    2 to 4 Units
    Built in 2008
    -- sqft lot
    $-- Zestimate®
    $139/sqft
    $-- HOA

    What's special

    Garage stallsModern conveniencesSpacious unitsIn-unit laundryEleven bedroomsGenerous bedroom countAutomatic openers
    Located just minutes from the Western Michigan University campus, this fully leased duplex is a turn-key investment opportunity in one of Kalamazoo's most sought-after student rental markets. The property features two spacious units with a total of eleven bedrooms and six full bathrooms. Unit 1327 offers five bedrooms and three full bathrooms, along with in-unit laundry and four garage stalls, each equipped with automatic openers. Unit 1329 includes six bedrooms and three full bathrooms, also with in-unit laundry and five garage stalls with openers. Both units are thoughtfully designed for student living with ample space, modern conveniences, and private access to parking. The entire property is currently fully occupied at $525 per bedroom, with tenants responsible for all utilities. This ensures strong, consistent rental income and low operating expenses. With its unbeatable location, generous bedroom count, and excellent amenities, this duplex is a high-performing asset ideal for investors seeking reliable cash flow in a competitive student housing market. For more information or to schedule a private showing, reach out today. Opportunities like this don't come around often.
    2 days
    on Zillow
    |
    244
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 07:04am

    Listed by:

    Adam Atwood 269-377-4589,

    Five Star Real Estate 269-377-4589

    Source: MichRIC,MLS#: 25017356MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1327-1329 Fraternity Village Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Basement, In Unit
    Features
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 3,948 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 18
    • Parking features: Concrete, Driveway
    Accessibility
    • Accessibility features: 36 Inch Entrance Doo
    Lot
    • Size: 0.35 Acres
    • Dimensions: 94 x 175 Irregular
    Details
    • Parcel number: 0620321012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Concrete, Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Kalamazoo

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $257,343
    • Annual tax amount: $17,275
    • Date on market: 4/24/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Sewer, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved
    • Loading
    • Loading