NOT LISTED FOR SALE

Estimated Value: $252,790 - $301,000

Studio
-- Bath
-- Sq Ft
7,492 Sq Ft Lot Lot

Sale Details

Date Sold: December 2, 2025

Last sale price $280,000

Est. 2% decrease in value since last sale

Current estimated payment $1,718 / mo

35 Days on Market

Highlights

  • 0.17 Acre Lot
  • 4 Car Garage
  • Wood Siding
  • Forced Air Heating System
  • Level Lot
  • 2-minute walk to Dutton Street Park

About This Home

As of December 2025

Presenting an exceptional investment opportunity in the heart of Kalamazoo! This well-kept four-unit property combines charm, character, and strong tenant appeal—perfect for both seasoned and first-time investors. Generating over $3,4K in monthly rental income, it features a two-car detached garage, a spacious storage shed, and numerous recent updates. Ideal for an owner-occupant seeking to live on-site while building passive income. Opportunities like this don't last long! Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146

Last Agent to Sell the Property

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 09/10/2025

Keller Williams GR East

Co-Listed By

Luke Schrader

Keller Williams Realty SWM License #6501385059

Last Buyer's Agent

Jane Pennings

Chuck Jaqua, REALTOR License #6501285633

Chuck Jaqua, REALTOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,613

Year Built

  • Built in 1890

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 57 x 129
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Wood Siding
  • Stucco

Basement

  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Manager Expense $2,259
  • Utility Expense $3,476
  • Operating Expense $13,626
  • Gross Income $34,668
  • Net Operating Income $21,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,613

Year Built

Built in 1890

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 57 x 129
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Michigan Basement: 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: Presenting an exceptional investment opportunity in the heart of Kalamazoo! This well-kept four-unit property combines charm, character, and strong tenant appeal—perfect for both seasoned and first-time investors. Generating over $3,4K in monthly rental income, it features a two-car detached garage, a spacious storage shed, and numerous recent updates. Ideal for an owner-occupant seeking to live on-site while building passive income. Opportunities like this don't last long! Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • List Price: 275000.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 57 x 129
  • Lot Size Sq Ft: 7492.0
  • Zoning Description: R

Rental Info

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

Multi Family

  • Gross Income: 34667.64
  • Manager Expense: 2259.44
  • Net Operating Income: 21041.28
  • Number of Units Total: 4
  • Operating Expense: 13626.36

Tax Info

  • Tax Annual Amount: 6613.0
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2025
Closed on
Dec 1, 2025
Sold by
Bought by
Seller's Agent
Lucas Howard
Keller Williams GR East
Buyer's Agent
Jane Pennings
Chuck Jaqua, REALTOR
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
18
Current Estimated Value
$274,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,052
Avg. Annual Appreciation
-3.65%
Original Mortgage
$260,000
Outstanding Balance
$259,498
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$15,450

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 24, 2022
Sold by
Bought by
Seller's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
Buyer's Agent
Missy Dahlinger
Berkshire Hathaway HomeServices MI
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$168,750
Interest Rate
5.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$225,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Previous Owner $168,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 Sold $280,000 +1.8% --
10/15/2025 10/15/25 Pending -- -- --
09/10/2025 09/10/25 For Sale $275,000 0.0% --
09/09/2025 09/09/25 Pending -- -- --
08/08/2025 08/08/25 For Sale $275,000 +22.2% --
06/24/2022 06/24/22 Sold $225,000 0.0% -- View Prior Sale
05/09/2022 05/09/22 For Sale $225,000 -- --
05/07/2022 05/07/22 Pending -- -- --
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,823 $114,900 $0 $0
2024 $2,740 $104,000 $0 $0
2023 $2,612 $91,000 $0 $0
2022 $3,096 $77,600 $0 $0
2021 $2,995 $70,600 $0 $0
2020 $2,938 $63,000 $0 $0
2019 $2,830 $52,900 $0 $0
2018 $2,765 $46,500 $0 $0
2017 $2,789 $43,800 $0 $0
2016 $2,789 $39,800 $0 $0
2015 $2,789 $39,900 $0 $0
2014 $2,789 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 25040139

MichRIC

APN: 06-22-152-005

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