1327 1329 Fraternity Village Drive
Kalamazoo, MI 49006
- – beds
- – baths
- 4,048 sqft
- 15,246 sqft lot
- $135 per sqft
- 2008 build
- – on site
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 allutilities. 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.
Last checked:
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Checking…
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Last updated Apr 24, 2025
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MLS# 66025017356 —
The Building
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Year Built:2008
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Construction Materials:Concrete, VinylSiding
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Roof:Composition
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Basement:Full
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Basement:true
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Accessibility Features:AccessibleDoors, OtherAccessibilityFeatures
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Building Area Total:4048.0
Interior
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Interior Features:Storage
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Laundry Features:InBasement, InUnit
Location
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Directions:Howard St to Michigan Ave, west on Michigan Ave to Fraternity Village, south on Fraternity Village to red bldg on the left ***or*** Drake Rd to KL Ave, west on KL
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Cross Street:Michigan Ave & end
The Property
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Parcel Number:0620321012
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.35
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Lot Size Area:15246.0
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Lot Size Dimensions:94x175 Irregular
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Lot Size Units:SquareFeet
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Road Frontage Feet:94
Listing Agent
- Contact info:
- Agent phone:
- (269) 377-4589
- Office phone:
- (269) 377-4589
Taxes
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Tax Legal Description:FRATERNITY VILLAGE Part of Lot 4 Beg at the NW cor of Lot 4; th N 59deg 34min 21sec E 103.0ft alg the NWLY li of Lot 4; th S 30deg 25min 39sec E 9.64ft; th N 59deg 34min 21sec E 76.64ft; th S 30deg 25min 39sec E 43.06ft; th N 59deg 14min 53sec E 9.67ft; th S 30deg 45min 07sec E 39.0ft; th S 59deg 14min 53sec W 173.20ft to the ELY r-o-w li of Fraternity Village Drive; th NWLY 94.14ft alg a curve t
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Tax Assessed Value:257343
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Tax Annual Amount:17275.34
The Listing
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=TAuUWLdPXrH
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Kalamazoo
The Community
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Waterfront:false
Parking
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Parking Total:18.0
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Parking Features:Concrete, Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Greater Kalamazoo Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/24/25
Apr 24, 2025
|
Listed / Active | REALCOMP | $549,000 |
