809 W Cedar St Kalamazoo, MI 49007
Vine NeighborhoodEstimated payment $3,160/month
Highlights
- 0.2 Acre Lot
- Forced Air Heating System
- 3-minute walk to Davis Field
- Laundry Room
- Wood Siding
About This Home
7-unit value-add opportunity in the heart of Kalamazoo with multiple paths to ownership and strong upside potential. This property includes two buildings (4-unit and 3-unit) on one parcel, offering flexibility for owner-occupants, investors, or those looking to grow their portfolio. The property presents a clear opportunity to increase income through lease-up and operational improvements. Several units have been updated while others provide a path for continued improvements and repositioning. Located near Western Michigan University, Kalamazoo College, downtown, and major amenities, the property benefits from consistent rental demand and long-term growth potential. Seller is offering flexible purchase options including land contract terms and is open to DSCR financing buyers. Ideal for owner-occupants looking to live in one unit while stabilizing the remaining units. To support lease-up, seller is offering a structured income support credit for any vacant units at the time of closing, providing added confidence during the transition period. Off-street parking, functional unit layouts, and a location that continues to see strong rental demand make this a compelling opportunity for buyers ready to execute. Property is city-certified. Rent roll and financials available upon request. Seller is a licensed real estate agent in the State of Michigan
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,709
Year Built
- Built in 1865
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Parking
- 8 Parking Spaces
Home Design
- Composition Roof
- Wood Siding
- Stucco
Laundry
- Laundry Room
Basement
- Basement Fills Entire Space Under The House
- Michigan Basement
- Laundry in Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for electricity, gas, sewer, trash collection, water
Community Details
Overview
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $5,812
- Maintenance Expense $3,300
- Manager Expense $5,605
- Utility Expense $9,900
- Gross Income $65,940
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,366 | $207,500 | $0 | $0 |
| 2024 | $2,548 | $80,100 | $0 | $0 |
| 2023 | $3,170 | $82,400 | $0 | $0 |
| 2022 | $6,007 | $86,800 | $0 | $0 |
| 2021 | $4,258 | $73,800 | $0 | $0 |
| 2020 | $4,177 | $66,800 | $0 | $0 |
| 2019 | $4,562 | $59,600 | $0 | $0 |
| 2018 | $3,826 | $62,300 | $0 | $0 |
| 2017 | $4,603 | $58,000 | $0 | $0 |
| 2016 | $4,603 | $54,100 | $0 | $0 |
| 2015 | $4,603 | $53,600 | $0 | $0 |
| 2014 | $4,603 | $52,600 | $0 | $0 |
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 |
|---|---|---|---|---|
| 05/13/2026 05/13/26 | Price Changed | $499,900 | 0.0% | -- |
| 05/06/2026 05/06/26 | For Sale | $500,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $500,000 | Chicago Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Chicago Title Of Michigan In | |
| Warranty Deed | $150,000 | Devon Title | |
| Warranty Deed | $165,000 | Chicago Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | New Conventional | |
| Previous Owner | $736,000 | Commercial | |
| Previous Owner | $317,600 | Commercial |
Source: MichRIC
MLS Number: 26020369
APN: 06-21-235-434
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.