$325,000
$50K PRICE DROP

Estimated payment $2,122/month

Total Views 155,899
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Fireplace
  • Window Unit Cooling System
  • Forced Air Heating System
  • Corner Lot: Yes
  • Laundry Room
  • Wood Siding

About This Home

Fantastic Investment Opportunity in the Heart of the Stuart Historical District! This charming 6-unit multifamily Dutch Colonial property is ideally located near downtown Kalamazoo and local colleges (K-College and WMU), offering convenience and strong rental appeal. There is so much potential and opportunity for an investor to grow their portfolio. The owner currently pays all the utilities, and there's a shared laundry room in the basement for tenant convenience. A one-car garage provides extra storage space. Don't miss out on this well-positioned property with long-term income potential in a desirable, walkable neighborhood!

Listing Agent

Kim Williams

Five Star Real Estate License #6501362803 Listed on: 07/07/2025

Five Star Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66 x 99
  • Corner Lot: Yes

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Laundry Room

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Driveway

Location

  • Mineral Rights Excluded

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $3,568
  • Maintenance Expense $799
  • Utility Expense $5,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,782

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 99
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • 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
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Corner Lot: Yes
  • Mineral Rights:No: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 325000.0
  • Lot Features: Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Other, Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, Laundry Room
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 66 x 99
  • Lot Size Sq Ft: 6534.0

Rental Info

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

Multi Family

  • Insurance Expense: 3568.0
  • Maintenance Expense: 799.0
  • Number of Units Total: 6

Tax Info

  • Tax Annual Amount: 4782.0
  • Tax Year: 2025

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 $4,723 $132,500 $0 $0
2024 $1,957 $131,900 $0 $0
2023 $4,283 $153,400 $0 $0
2022 $4,283 $119,500 $0 $0
2021 $4,088 $110,600 $0 $0
2020 $4,065 $101,200 $0 $0
2019 $1,661 $94,600 $0 $0
2018 $3,824 $88,800 $0 $0
2017 $3,857 $84,600 $0 $0
2016 $3,857 $56,600 $0 $0
2015 $3,857 $56,000 $0 $0
2014 $3,857 $55,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $325,000 -13.3% --
07/07/2025 07/07/25 For Sale $375,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,000 Devon Title
Source: Public Records

About the Listing Agent

Kim Williams

Five Star Real Estate

(269) 525-4654

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25032837

Southwestern Michigan Association of REALTORS®

APN: 06-16-411-010