$745,000
Kalamazoo, MI 49006
MLS# 25060456
1 / 25
Property Description
Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
Details
Maps
Location & Property Info
Cross Streets: Academy St & West Main
Property Sub-Type: 5+ Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo Twp
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 198x264
Road Frontage: 198
Cert of Compliance: No
Waterfront: No
Basement: No
Total # Units: 8
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total Parking Spaces: 12
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 13068
Lot Acres: 0.6
Year Built: 1982
Tax Info
Taxable Value: 117700
SEV: 117700
For Tax Year: 2025
Seller's Annual Property Tax: 8839.81
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NK
Zoning: RM1
Tax ID #: 06-17-436-412
Remarks & Misc
Public Remarks: Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
Legal: 3781620 3906 17 436 412 PROSPECT PARK LOTS 169, 170 & 171
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Paved: 1
Substructure
Slab: 1
Extras
Laundry Facility: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 130 - Unit 1
SqFt: 900
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 130 - Unit 2
SqFt: 900
Occupied: Yes
Monthly Rent: 1130
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 130 - Unit 3
SqFt: 700
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 130 - Unit 4
SqFt: 900
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 118 - Unit 1
SqFt: 900
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 118 - Unit #2
SqFt: 900
Occupied: Yes
Monthly Rent: 1150
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 118 - Unit 3
SqFt: 700
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Monthly Rent: 0
Unit 8
Unit Description: 118 - Unit 4
SqFt: 900
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 130
Street Direction: S
Street Name: Clarendon
Suffix: Street
State: MI
Zip Code: 49006
Zip (4): 8336
OfficeContract Info
Status: Active
Current Price: $745,000
List Price: $745,000
Listing Date: 2025-12-02
Remarks Misc
Directions: West on W Main. South on Clarendon. Property on West side of road.
Property Features
Laundry Features: Common Area
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Slab
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras: Laundry Facility
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: MOXIE Real Estate + Development
Listing Agent: Shawn Jacobs
Last Updated: March - 24 - 2026
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