$625,000

Estimated payment $4,039/month

Total Views 3,126
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 5-minute walk to West Main Park

About This Home

This historic 6-unit brick building in downtown Kalamazoo offers a prime investment opportunity. Each unit is a spacious 2-bedroom, 1-bath. Located within walking distance to downtown amenities, Western Michigan University, Kalamazoo College, and the upcoming $300 million event center, the property is ideally situated for tenant appeal. Tenants are responsible for separately metered gas and electric utilities, while the landlord covers water and trash services. Don't miss this great addition to your rental portfolio

Listing Agent

Daniel Kolp

MOXIE Real Estate + Development License #6501448312 Listed on: 06/05/2025

Co-Listing Agent

Shawn Jacobs

MOXIE Real Estate + Development License #6501370018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,922

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 76x49

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,922

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1925
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 76x49
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6921.55
  • Tax Info:Zoning3: Commercial
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 625000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Dimensions: 76x49
  • Zoning Description: Commercial

Rental Info

  • Owner Pays: None, Trash Collection, Water
  • Tenant Pays: Electric, Sewer, Gas

Multi Family

  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 6921.55
  • Tax Year: 2025

Map

Range of Values:

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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 $2,827 $127,200 $0 $0
2024 $2,827 $127,300 $0 $0
2023 $3,332 $114,600 $0 $0
2022 $6,103 $90,800 $0 $0
2021 $5,827 $82,600 $0 $0
2020 $3,820 $76,800 $0 $0
2019 $3,679 $70,900 $0 $0
2018 $4,478 $64,000 $0 $0
2017 $3,736 $62,200 $0 $0
2016 $3,736 $54,800 $0 $0
2015 $3,736 $54,200 $0 $0
2014 $3,736 $51,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $625,000 +125.6% --
05/15/2020 05/15/20 Sold $277,000 -20.6% --
01/10/2020 01/10/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $349,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Devon Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Future Advance Clause Open End Mortgage
Previous Owner $70,000 Commercial
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25025398

Southwestern Michigan Association of REALTORS®

APN: 06-16-448-012