Real Estate Investment Properties for Sale in Kalamazoo, MI

Looking for investment property in Kalamazoo, MI with high ROI ?

Explore a variety of short-term homes & houses in Kalamazoo, MI. Invest wisely with VRBO & Kalamazoo, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Kalamazoo, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1028 Clover Street Kalamazoo, MI Simply Gorgeous Cape Cod sitting on a double fenced-in lot is not a drive-by. Solid Hardwo...	3 beds \| 2 baths \| 1,336 sq.ft.	$195,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 4.77% Airbnb Rental Income: $2034 Traditional Rental Income: $1559 Airbnb ROI: 4.48% Traditional ROI: 4.77%
6107 Equestrian Woods Court Kalamazoo, MI Welcome to this beautiful 2-story home in the desirable Applegate community! The main leve...	5 beds \| N/A baths \| 3,376 sq.ft.	$419,875	Airbnb cash on cash: -0.97% Traditional cash on cash: 5.44% Airbnb Rental Income: $1081 Traditional Rental Income: $3230 Airbnb ROI: -0.97% Traditional ROI: 5.44%
710 Parker Avenue Kalamazoo, MI Want that quiet neighborhood experience while still being close to the hustle and bustle o...	3 beds \| 1 baths \| 2,151 sq.ft.	$204,900	Airbnb cash on cash: 3.73% Traditional cash on cash: 5.38% Airbnb Rental Income: $2034 Traditional Rental Income: $1827 Airbnb ROI: 3.73% Traditional ROI: 5.38%
359 Elliot Road Kalamazoo, MI Here it is! This clean & tidy, 3 bedroom, 2 bath home home with 24' x 32' insulated garage...	3 beds \| 2 baths \| 1,404 sq.ft.	$200,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 8.22% Airbnb Rental Income: $1778 Traditional Rental Income: $2027 Airbnb ROI: 4.35% Traditional ROI: 8.22%
3894 Whitney Court Kalamazoo, MI Welcome to the desirable Stratford Hills neighborhood! This beautiful 2-story walkout home...	4 beds \| N/A baths \| 2,158 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2243 Airbnb ROI: N/A Traditional ROI: 3.72%
1108 Warren Place Kalamazoo, MI Welcome to 1108 Warren Place, a charming Kalamazoo home full of potential! This 3 Bedroom ...	3 beds \| 1 baths \| 1,150 sq.ft.	$189,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.64% Airbnb Rental Income: $1392 Traditional Rental Income: $1673 Airbnb ROI: 1.75% Traditional ROI: 5.64%
204 Nelson Avenue Kalamazoo, MI Nicely maintained and freshly painted 3 bedroom home. Step inside to a beautiful living ro...	3 beds \| 1 baths \| 1,225 sq.ft.	$199,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 5.45% Airbnb Rental Income: $1518 Traditional Rental Income: $1702 Airbnb ROI: 2.14% Traditional ROI: 5.45%
623 W Lovell Street Kalamazoo, MI Don't miss this investment opportunity in downtown Kalamazoo! This duplex is City Certifie...	2 beds \| 2 baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.69% Airbnb Rental Income: $null Traditional Rental Income: $1414 Airbnb ROI: N/A Traditional ROI: 6.69%
1222 Magnolia Street Kalamazoo, MI This delightful 3 bed 1 bath home won't disappoint you. Features hardwood floors on the ma...	3 beds \| 1 baths \| 1,364 sq.ft.	$234,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.97% Airbnb Rental Income: $1778 Traditional Rental Income: $1723 Airbnb ROI: 3.03% Traditional ROI: 4.97%
4310 W Michigan Avenue Kalamazoo, MI Welcome to 4310 W Michigan Ave! This 5 bed/2 bath Bungalow is an ideal investment for you,...	5 beds \| 2 baths \| 1,509 sq.ft.	$209,900	Airbnb cash on cash: 7.28% Traditional cash on cash: 7.05% Airbnb Rental Income: $3081 Traditional Rental Income: $2333 Airbnb ROI: 7.28% Traditional ROI: 7.05%
2327 Outlook Street Kalamazoo, MI Welcome to this charming 3-bedroom Westnedge Hill home! Bright and polished, it's move-in ...	3 beds \| 2 baths \| 1,568 sq.ft.	$229,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 6.64% Airbnb Rental Income: $1476 Traditional Rental Income: $2133 Airbnb ROI: 1.62% Traditional ROI: 6.64%
1420 Hillcrest Avenue Kalamazoo, MI Welcome to this charming, well-maintained home in the sought-after Hillcrest neighborhood,...	3 beds \| N/A baths \| 1,687 sq.ft.	$299,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 5.36% Airbnb Rental Income: $1642 Traditional Rental Income: $2270 Airbnb ROI: 1.49% Traditional ROI: 5.36%
2332 S Rose Street Kalamazoo, MI Overflowing with charm & character, this immaculate home is truly move-in ready! Recent up...	3 beds \| N/A baths \| 1,880 sq.ft.	$289,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 5.76% Airbnb Rental Income: $1476 Traditional Rental Income: $2423 Airbnb ROI: 0.7% Traditional ROI: 5.76%
3992 Marietta Circle Kalamazoo, MI New Price + Open House! October 18th 12-2! Experience easy living in this charming 3-bedro...	3 beds \| N/A baths \| 3,538 sq.ft.	$410,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.63% Airbnb Rental Income: $1121 Traditional Rental Income: $2454 Airbnb ROI: -0.81% Traditional ROI: 3.63%
839 Lay Boulevard Kalamazoo, MI Discover this charming Craftsman-style bungalow featuring a spacious main floor principle ...	3 beds \| 1 baths \| 1,396 sq.ft.	$155,000	Airbnb cash on cash: 5.38% Traditional cash on cash: 8.36% Airbnb Rental Income: $1681 Traditional Rental Income: $1654 Airbnb ROI: 5.38% Traditional ROI: 8.36%
4061 Durango Street Kalamazoo, MI First OPEN HOUSE Sunday 10/4 Noon-2 Ranch home in highly desirable Comstock Township neigh...	3 beds \| N/A baths \| 2,193 sq.ft.	$375,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.01% Airbnb Rental Income: $1804 Traditional Rental Income: $2855 Airbnb ROI: 0.63% Traditional ROI: 5.01%
2932 Meadowcroft Lane Kalamazoo, MI Beautifully remodeled ranch-style home located in Kalamazoo's prime Valleywood neighborhoo...	4 beds \| N/A baths \| 2,058 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2169 Airbnb ROI: N/A Traditional ROI: 4.12%
141 Selkirk Court Kalamazoo, MI Stylish, Updated, and Ideally Located! Discover the perfect blend of comfort and convenien...	2 beds \| N/A baths \| 1,154 sq.ft.	$175,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.92% Airbnb Rental Income: $974 Traditional Rental Income: $1646 Airbnb ROI: -0.22% Traditional ROI: 5.92%
4213 Country Meadows Drive Kalamazoo, MI Welcome to peaceful Country Meadows! This great 4 bedroom, 2.5 bath home has been beautifu...	4 beds \| N/A baths \| 2,570 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $2976 Airbnb ROI: N/A Traditional ROI: 7.37%
1829 Banbury Road Kalamazoo, MI Welcome home to this well-kept and updated Cape Cod located on a quiet tree-lined street. ...	4 beds \| N/A baths \| 1,365 sq.ft.	$285,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.95% Airbnb Rental Income: $1572 Traditional Rental Income: $1919 Airbnb ROI: 0.98% Traditional ROI: 3.95%
3016 Lyon Avenue Kalamazoo, MI This charming 3-bedroom, 1-bath Cape Cod sits on a private 1.6-acre lot surrounded by lush...	3 beds \| 1 baths \| 1,493 sq.ft.	$219,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 5.78% Airbnb Rental Income: $2034 Traditional Rental Income: $1782 Airbnb ROI: 4.46% Traditional ROI: 5.78%
1455 W North Street Kalamazoo, MI Beautiful Westside single-level residence offering two inviting bedrooms, updated with new...	2 beds \| 1 baths \| 796 sq.ft.	$142,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 7.09% Airbnb Rental Income: $1247 Traditional Rental Income: $1364 Airbnb ROI: 3.32% Traditional ROI: 7.09%
2512 Wellington Road Kalamazoo, MI Welcome to this charming and timeless 3 bed/ 2 bath colonial in the desirable Winchell nei...	3 beds \| N/A baths \| 1,320 sq.ft.	$265,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.94% Airbnb Rental Income: $1648 Traditional Rental Income: $2085 Airbnb ROI: 1.34% Traditional ROI: 4.94%
1300 N Eagle Lake Drive Kalamazoo, MI Welcome to 1300 N. Eagle Lake Drive, a beautifully updated lakeside retreat offering the p...	3 beds \| N/A baths \| 3,250 sq.ft.	$1,290,000	Airbnb cash on cash: -2.05% Traditional cash on cash: 0.51% Airbnb Rental Income: $1227 Traditional Rental Income: $3904 Airbnb ROI: -2.05% Traditional ROI: 0.51%
1128 California Avenue Kalamazoo, MI Prime West Campus student rental within walking distance to WMU and nightlife. This 5 bed,...	5 beds \| 3 baths \| 1,752 sq.ft.	$189,900	Airbnb cash on cash: 8.98% Traditional cash on cash: 10.8% Airbnb Rental Income: $3081 Traditional Rental Income: $2707 Airbnb ROI: 8.98% Traditional ROI: 10.8%
617 Wheaton Avenue Kalamazoo, MI Welcome to 617 Wheaton Avenue, a 3-bedroom, 2-bath home in the heart of Kalamazoo. Current...	3 beds \| 2 baths \| 1,172 sq.ft.	$149,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 7.07% Airbnb Rental Income: $1806 Traditional Rental Income: $1477 Airbnb ROI: 5.94% Traditional ROI: 7.07%
1285 Red Pine Way Kalamazoo, MI Excellent investment opportunity near WMU! This well-maintained 4 bedroom, 2 full bath stu...	4 beds \| 2 baths \| 1,584 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.06% Airbnb Rental Income: $null Traditional Rental Income: $2247 Airbnb ROI: N/A Traditional ROI: 8.06%
5353 Chickadee Drive Kalamazoo, MI OPEN HOUSE THURS 10/16 5:30-7PM Updated Colonial with Private Backyard Oasis This beautifu...	4 beds \| N/A baths \| 3,030 sq.ft.	$475,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.36% Airbnb Rental Income: $1451 Traditional Rental Income: $2808 Airbnb ROI: -0.66% Traditional ROI: 3.36%
616 & 614 Charlotte Avenue Kalamazoo, MI Looking for a great investment? This could be the one! 616 Charlotte features two homes, p...	4 beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 7.25% Airbnb Rental Income: $1479 Traditional Rental Income: $1521 Airbnb ROI: 3.7% Traditional ROI: 7.25%
1605 W North Street Kalamazoo, MI Remarkable opportunity to owner occupy a side by side duplex including a large, 3rd walk o...	579 beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 8.66% Traditional cash on cash: 4.95% Airbnb Rental Income: $3081 Traditional Rental Income: $1623 Airbnb ROI: 8.66% Traditional ROI: 4.95%
210 Old Orchard Place Kalamazoo, MI This historic 6-unit brick building in downtown Kalamazoo offers a prime investment opport...	11 beds \| N/A baths \| N/A	$625,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 0.27% Airbnb Rental Income: $3081 Traditional Rental Income: $1476 Airbnb ROI: 1.82% Traditional ROI: 0.27%
10387 W L Avenue Kalamazoo, MI Completely remodeled home has been beautifully redone from the inside walls out, giving yo...	4 beds \| N/A baths \| 2,003 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $2933 Airbnb ROI: N/A Traditional ROI: 3.35%
267 Parchmount Avenue Kalamazoo, MI Open house Sunday 9/14 from 1-3pmWelcome to this delightful 2-story Cape Cod home, ful...	3 beds \| 2 baths \| 1,569 sq.ft.	$259,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.07% Airbnb Rental Income: $1804 Traditional Rental Income: $2246 Airbnb ROI: 2.28% Traditional ROI: 6.07%
913 Bryant Street Kalamazoo, MI Home was completely renovated in 2020. With a little TLC, this house could be brought back...	3 beds \| 1 baths \| 1,066 sq.ft.	$98,500	Airbnb cash on cash: 9.08% Traditional cash on cash: 11.83% Airbnb Rental Income: $1681 Traditional Rental Income: $1476 Airbnb ROI: 9.08% Traditional ROI: 11.83%
7148 Texas Heights Avenue Kalamazoo, MI Welcome home to this meticulously maintained 3 Bed, 2.5 Bath home in the Texas Heights nei...	3 beds \| N/A baths \| 1,856 sq.ft.	$399,500	Airbnb cash on cash: -0.33% Traditional cash on cash: 4.68% Airbnb Rental Income: $1227 Traditional Rental Income: $2711 Airbnb ROI: -0.33% Traditional ROI: 4.68%
7226 Breton Woods Court Kalamazoo, MI Wonderful new listing in Texas Township, Portage Schools. Located with-in the popular Appl...	4 beds \| N/A baths \| 4,943 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $5074 Airbnb ROI: N/A Traditional ROI: 4.28%
943 Eldridge Drive Kalamazoo, MI Exceptionally well-maintained ranch home in the premier Arcadia neighborhood! This 4-bedro...	4 beds \| 2 baths \| 2,109 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2630 Airbnb ROI: N/A Traditional ROI: 5.81%
1430 S Spruce Drive Kalamazoo, MI Welcome home to your very own private oasis in Winchell! Located a half block from the Kle...	3 beds \| 3 baths \| 2,351 sq.ft.	$600,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.1% Airbnb Rental Income: $1642 Traditional Rental Income: $2090 Airbnb ROI: -0.53% Traditional ROI: 1.1%
418 Hutchinson Street Kalamazoo, MI Discover this charming 1-bedroom, 1-bath home offering cozy single-level living. Perfect a...	1 beds \| 1 baths \| 576 sq.ft.	$138,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.02% Airbnb Rental Income: $886 Traditional Rental Income: $884 Airbnb ROI: 0.5% Traditional ROI: 3.02%
9322 N Riverview Drive Kalamazoo, MI Welcome to 9322 N Riverview Drive. This 3-bedroom, 1-bath home sits on 1.77 acres and offe...	3 beds \| 1 baths \| 1,388 sq.ft.	$217,500	Airbnb cash on cash: 3.67% Traditional cash on cash: 5.81% Airbnb Rental Income: $1804 Traditional Rental Income: $1756 Airbnb ROI: 3.67% Traditional ROI: 5.81%

Real Estate investment in Kalamazoo, MI

There are 510 properties for sale in the city of Kalamazoo . The median list price in Kalamazoo is $259,900 and the average price per square foot is $134. In October 2025, the average monthly cash on cash return in Kalamazoo is 6.00%. The average monthly rental income in Kalamazoo is $2,111.

Kalamazoo, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 510 investment properties available for sale in Kalamazoo.

In 2025, the best neighborhood to buy investment property is Oakwood.

The ROI for Long-Term is higher than the Short-Term in Kalamazoo with average rental income of $2,111.

Your search for investment property begins and ends here

Investment Property for Sale in Kalamazoo, MI

1028 Clover Street

Kalamazoo, MI

3 beds | 2 baths | 1,336 sq.ft.

$195,000

Airbnb cash on cash: 4.48%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $2034

Traditional Rental Income: $1559

Airbnb ROI: 4.48%

Traditional ROI: 4.77%

6107 Equestrian Woods Court

Kalamazoo, MI

5 beds | N/A baths | 3,376 sq.ft.

$419,875

Airbnb cash on cash: -0.97%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1081

Traditional Rental Income: $3230

Airbnb ROI: -0.97%

Traditional ROI: 5.44%

710 Parker Avenue

Kalamazoo, MI

3 beds | 1 baths | 2,151 sq.ft.

$204,900

Airbnb cash on cash: 3.73%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $2034

Traditional Rental Income: $1827

Airbnb ROI: 3.73%

Traditional ROI: 5.38%

359 Elliot Road

Kalamazoo, MI

3 beds | 2 baths | 1,404 sq.ft.

$200,000

Airbnb cash on cash: 4.35%

Traditional cash on cash: 8.22%

Airbnb Rental Income: $1778

Traditional Rental Income: $2027

Airbnb ROI: 4.35%

Traditional ROI: 8.22%

3894 Whitney Court

Kalamazoo, MI

4 beds | N/A baths | 2,158 sq.ft.

$360,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2243

Airbnb ROI: N/A

Traditional ROI: 3.72%

1108 Warren Place

Kalamazoo, MI

3 beds | 1 baths | 1,150 sq.ft.

$189,900

Airbnb cash on cash: 1.75%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1392

Traditional Rental Income: $1673

Airbnb ROI: 1.75%

Traditional ROI: 5.64%

204 Nelson Avenue

Kalamazoo, MI

3 beds | 1 baths | 1,225 sq.ft.

$199,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1518

Traditional Rental Income: $1702

Airbnb ROI: 2.14%

Traditional ROI: 5.45%

623 W Lovell Street

Kalamazoo, MI

2 beds | 2 baths | N/A

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1414

Airbnb ROI: N/A