$199,900
Kalamazoo, MI 49007
MLS# 26017298
1 / 21
Property Description
Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand. One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck. Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
Details
Maps
Location & Property Info
Unit #: 1 & 2
Cross Streets: Cedar & Lovell
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 33X132
Road Frontage: 33
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 4356
Lot Acres: 0.1
Year Built: 1905
Tax Info
Taxable Value: 49499
SEV: 92900
For Tax Year: 2025
Seller's Annual Property Tax: 3422
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Tax ID #: 06-21-226-003
Remarks & Misc
Public Remarks: Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand.
One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income.
Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck.
Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.
Legal: 50266 WELCHS ADDITION S 1/2 LOT 397
Waterfront Options
Water Access Y/N: No
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Public Sewer: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 1
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
Full: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Unit 1
Occupied: Yes
Monthly Rent: 900
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
Monthly Rent: 1534.5
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
Location Property Info
County: Kalamazoo
Street #: 417
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 5124
OfficeContract Info
Status: Active
Current Price: $199,900
List Price: $199,900
Listing Date: 2026-04-23
Property Features
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Storm Sewer
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Paved; Public
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office: Keller Williams Kalamazoo Market Center
Listing Agent: Jessica A Lee
Last Updated: April - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.