$400,000

922 S Park St Kalamazoo, MI 49001

Vine Neighborhood

Estimated payment $2,863/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to S Westnedge Park
  • 1 Fireplace
  • Wood Siding

About This Home

Introducing a fully renovated 6-unit property in Kalamazoo, blending modern convenience with timeless charm! This turnkey investment is fully leased and brings in over $5,400 in monthly rental income. Each unit has separate electric service, boosting both tenant satisfaction and operational efficiency. With immediate cash flow and strong potential for future value growth, this property is a standout addition to any rental portfolio. Don't wait—opportunities like this are hard to find! 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

  • $8,070

Year Built

  • Built in 1905

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 73 x 165
  • Flag Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 7 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

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

Community Details

Overview

  • 6 Units

Building Details

  • Manager Expense $3,222
  • Utility Expense $6,611
  • Operating Expense $22,236
  • Gross Income $42,678
  • Net Operating Income $20,443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,070

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1905
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 73 x 165
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 6
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Michigan Basement: Yes
  • Lot Description:Flag Lot: Yes
  • Driveway:Shared Unpaved: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 400000.0
  • Lot Features: Flag Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

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: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 73 x 165
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R

Rental Info

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

Multi Family

  • Gross Income: 42678.23
  • Manager Expense: 3222.4
  • Net Operating Income: 20442.56
  • Number of Units Total: 6
  • Operating Expense: 22235.67

Tax Info

  • Tax Annual Amount: 8070.0
  • Tax Year: 2024

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 $3,344 $114,500 $0 $0
2024 $3,344 $116,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $400,000 +81.8% --
04/05/2023 04/05/23 Sold $220,000 -2.2% --
02/21/2023 02/21/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $224,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,031 New Conventional
Closed $20,000 Seller Take Back
Closed $252,000 New Conventional
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25040142

Southwestern Michigan Association of REALTORS®

APN: 06-22-166-012

Michigan Kalamazoo County Kalamazoo 49001 Vine

922 S Park St, Kalamazoo, MI

This home is located at 922 S Park St, Kalamazoo, MI 49001 and is currently priced at $400,000. This property was built in 1905. 922 S Park St is a home located in Kalamazoo County with nearby schools including Woods Lake Elementary School, Maple Street Magnet School for the Arts, and Loy Norrix High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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Lucas Howard
Listing Agent
Lucas Howard
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Keller Williams GR East
(269) 371-7787