722 Buchanan Avenue

Kalamazoo MI 49008

20473 sq. ft.

Multi-Family

Last sold for $400,000

Ron Ekema, last sold this property on 30 April 2026 after 169 days on market.

Overview

This stand-alone investment property features a total of 8 rental units — 7 with 2-bedrooms, 1-bath apartments and 1 unit with 1 bedroom and 1 bath. All units have long-term tenants and a solid rental history. In addition there is a shared laundry area for the tenants convenience. The building offers ample off-street parking and is conveniently located by shopping malls, restaurants and I-94.This is an excellent opportunity to add a low-maintenance, income-producing property to your portfolio. Bonus Opportunity: There are 3 additional income property buildings across the street for sale at 729, 715 & 721 Buchanan Ave. All are also available to purchase.

Features

12 carspaces

20473 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Kalamazoo over the last 12 months, the estimated median property value of 722 Buchanan Avenue is $204.95k.

Median value

$204.95k

Estimated value range

$109k - $1m

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Kalamazoo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 722 Buchanan Avenue

2026

Sold

$400,000

30 Apr 2026 by Ron Ekema, of RE/MAX Advantage

Happy sellers in Kalamazoo

We have insufficient information to provide an overview of customer satisfaction for Kalamazoo. Viewing the agent profiles, reviews and sales for Kalamazoo can provide insights for this location.