$150,000
PENDING $40K PRICE DROP

Estimated payment $1,037/month

Total Views 6,501
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.95 Acre Lot
  • Forced Air Heating System
  • High Speed Internet
  • Wooded Lot

About This Home

Great investment opportunity in Kalamazoo! This fully occupied triplex generates a total of $2,399/month in rental income: Unit 1 rents for $775, Unit 2 for $878, and Unit 3 for $746. Recent improvements include a new flat roof and updated decking at the rear of the building. Conveniently located with easy access to local amenities and transportation. Quick access to 131 and downtown Kalamazoo. Strong rental history and solid cash flow make this a great addition to any investor's portfolio.

Listing Agent

Will Howson

Coldwell Banker Realty License #6501387256 Listed on: 06/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1902

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 66x627
  • Wooded Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Gravel Driveway
  • Unpaved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1902
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 98.36
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x627
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: M-1
  • General Property Info:Total _pound_ Units: 3
  • Lot Description:Wooded: Yes
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Unpaved: Yes
  • Driveway:Gravel: 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
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: Great investment opportunity in Kalamazoo! This fully occupied triplex generates a total of $2,399/month in rental income: Unit 1 rents for $775, Unit 2 for $878, and Unit 3 for $746. Recent improvements include a new flat roof and updated decking at the rear of the building. Conveniently located with easy access to local amenities and transportation. Quick access to 131 and downtown Kalamazoo. Strong rental history and solid cash flow make this a great addition to any investor's portfolio.
  • Remarks Misc: Agent Only Remarks: Listing agent related to owner.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 150000.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Unpaved
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.95
  • Lot Size Area: 0.95
  • Lot Dimensions: 66x627
  • Lot Size Sq Ft: 41382.0
  • Zoning Description: M-1

Rental Info

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

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 2922.0
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
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 $2,922 $59,300 $0 $0
2024 $1,211 $48,400 $0 $0
2023 $1,154 $45,400 $0 $0
2022 $2,650 $38,300 $0 $0
2021 $2,510 $36,700 $0 $0
2020 $2,462 $35,800 $0 $0
2019 $1,935 $31,900 $0 $0
2018 $1,891 $28,000 $0 $0
2017 $1,177 $27,400 $0 $0
2016 $1,177 $27,300 $0 $0
2015 $1,177 $25,900 $0 $0
2014 $1,177 $24,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2025 10/21/25 Pending -- -- --
10/09/2025 10/09/25 Price Changed $150,000 -6.2% --
09/16/2025 09/16/25 Price Changed $159,999 -11.1% --
07/25/2025 07/25/25 Price Changed $179,999 -4.0% --
07/22/2025 07/22/25 Price Changed $187,500 -1.3% --
06/24/2025 06/24/25 For Sale $189,888 +143.2% --
06/04/2021 06/04/21 Sold $78,088 -21.1% -- View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $99,000 +120.0% --
12/07/2017 12/07/17 Sold $45,000 -9.8% -- View Prior Sale
11/16/2017 11/16/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $49,900 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $78,088 Ata National Title
Warranty Deed $45,000 None Available
Land Contract -- Title Resource Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,566 Commercial
Closed $0 No Value Available
Source: Public Records

Source: MichRIC

MLS Number: 25030398

MichRIC

APN: 06-09-325-001