521 Pearl St Kalamazoo, MI 49007
Vine NeighborhoodEstimated payment $3,499/month
Highlights
- 0.25 Acre Lot
- Forced Air Heating System
- Wood Siding
- 4 Fireplaces
- Laundry Facilities
About This Home
Discover this impeccably maintained 8-unit brick building in the heart of Kalamazoo's vibrant Vine neighborhood! Fully occupied and city-certified, it blends historic character with thoughtful modern updates, supported by a strong rental history. Recent improvements include a newer roof, fresh exterior paint, and numerous mechanical upgrades. Tenants enjoy on-site coin laundry and the rare advantage of 12 off-street parking spaces. Generating a steady $6,5K+ in monthly income, this turnkey property is a true Vine neighborhood gem—where timeless architecture meets modern convenience. Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,127
Year Built
- Built in 1924
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 66 x 165
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 4 Fireplaces
- Basement Fills Entire Space Under The House
Parking
- 12 Parking Spaces
- Unpaved Driveway
- Unpaved Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Phone Available
Community Details
Overview
- 4 Buildings
- 21 Units
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,782 | $139,800 | $0 | $0 |
2024 | $3,782 | $139,000 | $0 | $0 |
2023 | $3,605 | $125,600 | $0 | $0 |
2022 | $3,846 | $100,300 | $0 | $0 |
2021 | $3,720 | $91,400 | $0 | $0 |
2020 | $3,650 | $85,200 | $0 | $0 |
2019 | $3,515 | $79,000 | $0 | $0 |
2018 | $3,434 | $80,700 | $0 | $0 |
2017 | $3,463 | $78,500 | $0 | $0 |
2016 | $3,463 | $69,200 | $0 | $0 |
2015 | $3,463 | $68,500 | $0 | $0 |
2014 | $3,463 | $64,600 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $500,000 | +13.6% | -- |
07/14/2022 07/14/22 | Sold | $440,000 | 0.0% | -- |
05/09/2022 05/09/22 | For Sale | $440,000 | -- | -- |
05/02/2022 05/02/22 | Pending | -- | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Chicago Title | |
Trustee Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $330,000 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $60,000 | Future Advance Clause Open End Mortgage |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 25040146

APN: 06-21-238-339
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