$120,000

1208 Princeton Ave Kalamazoo, MI 49007

Northside Neighborhood

Estimated payment $859/month

Total Views 1,948
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Land Contract Option Available with as little as $15,000 down! Get a cashflow property that is currently city certified to start or expand to your current rental portfolio. Two 2 Bed, 1 Bath units with the downstairs being slightly larger. Tenants can be in place before purchase.

Listing Agent

Zac Folsom

NextHome ONE of Kalamazoo License #6501384937 Listed on: 10/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x115.5

Home Design

  • Composition Roof
  • Aluminum Siding

Laundry

  • Laundry on main level

Basement

  • Michigan Basement
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for electricity, water, sewer, gas

Community Details

Overview

  • 2 Units
  • Fletchers Addition Subdivision

Building Details

  • Insurance Expense $591
  • Maintenance Expense $493
  • Manager Expense $458
  • Utility Expense $5,561
  • Operating Expense $7,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,718

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 80.21
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33x115.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Location Property Info:Subdivision2: Fletchers Addition
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Laundry Features Main Level: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Land Contract Option Available with as little as $15,000 down! Get a cashflow property that is currently city certified to start or expand to your current rental portfolio. Two 2 Bed, 1 Bath units with the downstairs being slightly larger. Tenants can be in place before purchase.
  • Remarks Misc: Agent Only Remarks: $120k reflects 5 years of interest payments on land contract. Other financing options would prepay interest upfront to seller.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 120000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 33x115.5
  • Lot Size Sq Ft: 3920.0

Rental Info

  • Owner Pays: Electricity, Water, Sewer, Gas
  • Tenant Pays: Trash

Multi Family

  • Insurance Expense: 591.0
  • Maintenance Expense: 493.0
  • Manager Expense: 458.0
  • Number of Units Total: 2
  • Operating Expense: 7103.0

Tax Info

  • Tax Annual Amount: 2718.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,718 $45,600 $0 $0
2024 $1,231 $36,700 $0 $0
2023 $1,696 $33,500 $0 $0
2022 $1,947 $28,700 $0 $0
2021 $1,343 $25,400 $0 $0
2020 $2,227 $22,700 $0 $0
2019 $2,242 $18,100 $0 $0
2018 $1,161 $17,200 $0 $0
2017 $1,305 $17,400 $0 $0
2016 $1,305 $15,300 $0 $0
2015 $1,305 $15,100 $0 $0
2014 $1,305 $14,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 For Sale $120,000 +200.0% --
08/23/2023 08/23/23 Sold $40,000 -19.8% -- View Prior Sale
08/17/2023 08/17/23 For Sale $49,900 0.0% --
08/09/2023 08/09/23 Pending -- -- --
07/31/2023 07/31/23 Price Changed $49,900 -16.7% --
07/03/2023 07/03/23 Price Changed $59,900 -7.7% --
04/10/2023 04/10/23 Price Changed $64,900 -18.8% --
02/17/2023 02/17/23 For Sale $79,900 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $30,000 Devon Title Company
Warranty Deed $7,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: MichRIC

MLS Number: 25053275

MichRIC

APN: 06-15-101-016

Michigan Kalamazoo County Kalamazoo 49007 Northside

1208 Princeton Ave, Kalamazoo, MI

For Sale

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

Nearby Homes
Listing Agent
Zac Folsom
Section Image
NextHome ONE of Kalamazoo
(269) 367-8027