316-324 Stuart Ave Multifamily Portfolio 2 Multifamily Properties Offered at $1,372,480 CAD in Kalamazoo, MI

This rare two-property portfolio presents a unique opportunity to acquire 18 rental units in the Historic Stuart Neighborhood of Kalamazoo, MI. Both homes are architecturally significant Victorian-style mansions, thoughtfully adapted for multifamily use while retaining timeless character. The portfolio offers a mix of five studios, ten one-bedroom units, and one two-bedroom unit, creating an appealing unit diversity for both investors and tenants.
Several units have undergone recent renovations, blending modern convenience with historic charm. Features include large covered front porches, a spacious carriage house, ample off-street parking, and on-site laundry facilities. The combined building size of 9,276 SF provides scale for income generation while maintaining manageable operations.
Located within walking distance of Kalamazoo College, Western Michigan University, and Downtown Kalamazoo, this address places residents near entertainment venues, restaurants, bars, and retail. Proximity to future developments and local amenities enhances long-term rental demand and property value. This portfolio suits both investors seeking stable cash flow and owner-occupants looking for a distinctive residential investment.