Date
Details
Price
Change
Source
11/25/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/37
$1,500,000
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Property Description
This property has been leased to a sorority for the past 18 years and offers exceptional income potential. The residence features 16 bedrooms plus a dedicated house-mother suite, a commercial-grade kitchen, and on-site laundry facilities. Recent upgrades include a new roof and laminate flooring throughout. With its large capacity and institutional-grade amenities, this property is ideal for group housing, student living, or continued sorority/fraternity use. - See attached floor plan. Seller is a licensed Real Estate Broker in the State of Michigan.
Full Property Details
Full Property Details for 1500 Fraternity Village Dr
General
- Price: $1,500,000
- Taxes: $24,647
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25059867
- Updated: 4/28/2026
- Added to Site: 176 day(s) ago
Business
- Business Type: Other
Interior
- Interior Features: Broadband
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Location
- Area: Greater Kalamazoo - K
- County: Kalamazoo
- Cross Streets: W Michigan & End
- Driving Directions: West on W. Michigan from Howard, South on Fraternity Village Dr. to Sorority
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Brick
- Roof: Composition
- Stories/Levels: 8772
- Square Feet: 8,772
- Year Built: 1998
Lot Features
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 48,352
- Lot Dimensions: 151 x 323 x 149 x 320
- Frontage: Paved
Financial Considerations
- Tax Amount: $24,647
- Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas, Sewer, Trash, Water
Disclosures and Reports
- Legal Description: FRATERNITY VILLAGE LOT 17
- Property ID: 06-20-355-017
Listed by Berkshire Hathaway HomeServices MI, Dave A Schnelker
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Listing agent
— 1500 Fraternity Village Dr —
Dave A Schnelker
Berkshire Hathaway HomeServices MI
NMLS#: 1598647
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Schools
Schools serving 1500 Fraternity Village Dr
School District:Kalamazoo Public School District
| Name | Grades | Distance |
|---|---|---|
Woodward School For Technology And Research 606 Stuart Avenue, Kalamazoo, MI 49007 | PK-5 | 2.1 mi |
Maple Street Magnet School For The Arts 922 West Maple Street, Kalamazoo, MI 49008 | 6-8 | 1.6 mi |
Loy Norrix High School 606 E Kilgore Rd, Kalamazoo, MI 49001 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 Fraternity Village Dr
Tax History
Tax History for 1500 Fraternity Village Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,827
21%
$481,300
-3%
2019
$20,578
—
$495,400
5%
2019
$20,578
-9%
$470,700
12%
2022
$22,516
5%
$421,400
7%
2020
$21,366
—
$395,300
5%
2020
$21,366
4%
$374,700
-1%
2019
$20,578
2%
$377,700
8%
2018
$20,103
-1%
$349,200
5%
2014
$20,275
—
$332,600
11%
2014
$20,275
—
$299,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 Fraternity Village Dr
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- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 4Total Baths
- 3,126Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 5Beds
- 4Total Baths
- 3,338Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,900Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 960Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,664Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,173Sq. Ft.
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1500 Fraternity Village Drive, Kalamazoo, MI 49006 (MLS# 25059867) is a Business property. 1500 Fraternity Village Drive is currently listed for $1,500,000 and was received on November 25, 2025. Want to learn more about 1500 Fraternity Village Drive? Do you have questions about finding other Business real estate for sale in Kalamazoo? You can browse all Kalamazoo real estate or contact a Coldwell Banker agent to request more information.