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$271,000
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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.
Full Property Details
Full Property Details for 4238/4308 Moreland St
General
- Sold For: $271,000
- Taxes: $11,935
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25039141
- Added to Site: 209 day(s) ago
Interior
- Number of Fireplaces: 2
Parking
- Total Spaces: 8
- Parking Features: Asphalt, Driveway
Location
- Area: Greater Kalamazoo - K
- County: Kalamazoo
- Cross Streets: Bloomfield Ave/Moreland St
- Driving Directions: From I-94, exit Portage Rd, go North and turn East on Nottingham Ave, North on Moreland St, property on the left.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 2
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Roof: Composition
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,856
- Frontage: Paved
- Zoning: RM-36
Financial Considerations
- Tax Amount: $11,935
- Terms: Cash, Conventional
- Landlord Pays: Trash Collection, Water, Sewer, Gas
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: G5Z62 BLOOMFIELD NO 2 LOT 382 and
- Property ID: 06-35-451-382/06-35-451-363
Listed by Keller Williams GR East, Lucas Howard and Luke Schrader
Sold by Bellabay Realty LLC, Mitchell Ward
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Price & Sales History for 4238/4308 Moreland St
Date
Details
Price
Change
Source
9/17/2025
Sold
$271,000
-50.73%
MLS
8/05/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4238/4308 Moreland Street, Kalamazoo, MI 49001 (MLS# 25039141) is a Single Family property that was sold at $271,000 on September 17, 2025. Want to learn more about 4238/4308 Moreland Street? Do you have questions about finding other Single Family real estate for sale in Kalamazoo? You can browse all Kalamazoo real estate or contact a Coldwell Banker agent to request more information.

