$500,000

Estimated payment $3,499/month

Total Views 269
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Listing Agent

Lucas Howard

Keller Williams GR East License #6502359815 Listed on: 08/08/2025

Keller Williams GR East

Co-Listing Agent

Luke Schrader

Keller Williams Realty SWM License #6501385059

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,127

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1924
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R
  • General Property Info:Total _pound_ Units: 21
  • General Property Info:Total _pound_ Bldgs: 4.0
  • 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
  • Extras:Laundry Facility: 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 Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 4
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 500000.0
  • Number of Buildings: 4
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Dimensions: 66 x 165
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: R

Rental Info

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

Multi Family

  • Number of Units Total: 21

Tax Info

  • Tax Annual Amount: 9127.0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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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 $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
Source: Public Records

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 -- -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Trustee Deed -- None Available
Source: Public Records

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: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25040146

Southwestern Michigan Association of REALTORS®

APN: 06-21-238-339