$155,000
Kalamazoo, MI 49001
MLS# 26011163
1 / 31
Property Description
Cash-flowing duplex with strong rental history, fully occupied and city certified through May 2029. This well-maintained investment property offers lots of updates throughout, split utilities, and on-site laundry for added tenant convenience and reduced owner expense. Situated on a corner lot with plenty of parking, the property provides excellent accessibility and tenant appeal. Currently generating $2,300 per month in gross rental income, this is a turnkey opportunity for an investor seeking immediate cash flow and long-term stability.
Details
Maps
Location & Property Info
Cross Streets: Egleston and E Stockbridge
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 75.83
General Property Info
New Construction: No
Lot Dimensions: 81.90x117.71
Financial Available: No
Road Frontage: 81.9
Cert of Compliance: No
Cert. of Compliance Exp Date: 2029-05-30
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2044
Total Parking Spaces: 4
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 9583
Lot Acres: 0.22
Year Built: 1895
Tax Info
Taxable Value: 39744
SEV: 104400
For Tax Year: 2026
Seller's Annual Property Tax: 2675.36
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Tax ID #: 39-06-22-484-137
Remarks & Misc
Public Remarks: Cash-flowing duplex with strong rental history, fully occupied and city certified through May 2029. This well-maintained investment property offers lots of updates throughout, split utilities, and on-site laundry for added tenant convenience and reduced owner expense. Situated on a corner lot with plenty of parking, the property provides excellent accessibility and tenant appeal. Currently generating $2,300 per month in gross rental income, this is a turnkey opportunity for an investor seeking immediate cash flow and long-term stability.
Legal: 42040 SOUTH SIDE IMPROVEMENT COMPANYS ADDITION LOT 36, EXCLUDING THE WEST 49FT. ALSO THE SOUTH 30FT OF LOT 37, EXCLUDING THE WEST 49FT.
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Michigan Basement: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
None: 1
Unit 1
Unit Description: Unit #1
SqFt: 1000
Occupied: Yes
Monthly Rent: 1000
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Fireplace: 1
Sep. Heat System: 1
Unit 2
Unit Description: Unit #2
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 1424
Street Name: Portage
Suffix: Street
State: MI
Zip Code: 49001
Zip (4): 3802
OfficeContract Info
Status: Active
Current Price: $155,000
List Price: $155,000
Listing Date: 2026-03-22
Property Features
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter
Owner Pays: None
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Fireplace; Sep. Heat System
Unit 2: Range/Oven; Refrigerator
Listing Office: Five Star Real Estate
Listing Agent: Adam Atwood
Last Updated: March - 22 - 2026
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