$550,000
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4238/4308 Moreland Street Kalamazoo, MI 49001
8 Beds
0.36 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025039141
Sold Date 09/17/25
Bedrooms 8
Year Built 1960
Annual Tax Amount $11,935
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 60x264
Source Greater Regional Alliance of REALTORS®
Property Description
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.
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Other
Direction From I-94, exit Portage Rd, go North and turn East on Nottingham Ave, North on Moreland St, property on the left.
Interior
Interior Features Laundry Facility, Cable Available
Heating Hot Water
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 8.0
Roof Type Composition
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Slab
Sewer Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Aluminum,Brick
Schools
School District Kalamazoo
Others
Pets Allowed Yes
Tax ID 0635451382/0635451363
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Bellabay Realty LLC
