$800,000

Estimated payment $4,949/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.6 Acre Lot
  • Hot Water Heating System
  • Level Lot
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities

About This Home

Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.

Listing Agent

Shawn Jacobs

MOXIE Real Estate + Development License #6501370018 Listed on: 12/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,840

Year Built

  • Built in 1982

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 198x264
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Parking

  • 12 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, gas

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,840

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1982
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 198x264
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: RM1
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 8
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Heat Type:Hot Water: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • Laundry Features Common Area: 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
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
  • Remarks Misc: Agent Only Remarks: Units available for tour with fully accepted LOI or offer. Financials and rent roll upon request. Value add opportunity to renovate and raise rents and implement a utility bill back/RUBS program to recapture some of the utility expense. Sale includes both parcels 130 & 118 S Clarendon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 800000.0
  • Lot Features: Level
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.6
  • Lot Size Area: 0.6
  • Lot Dimensions: 198x264
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: RM1

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 8

Tax Info

  • Tax Annual Amount: 8839.81
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $8,832 $117,700 $0 $0
2024 $1,271 $118,500 $0 $0
2023 $987 $112,500 $0 $0
2022 $6,602 $100,700 $0 $0
2021 $6,249 $94,500 $0 $0
2020 $6,150 $93,400 $0 $0
2019 $5,925 $85,400 $0 $0
2018 $5,776 $76,300 $0 $0
2017 $0 $76,300 $0 $0
2016 -- $73,800 $0 $0
2015 -- $92,900 $0 $0
2014 -- $90,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $800,000 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $300,000 Chicago Title Company
Warranty Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

Source: MichRIC

MLS Number: 25060456

MichRIC

APN: 06-17-436-412