$142,000
Kalamazoo, MI 49001
MLS# 26014245
1 / 27
Property Description
INVESTOR OPPORTUNITY! Three-unit income property generating approximately $2,500 per month in rental income, offered at $142,000. 40-Month Rental Certificate of Compliance. Property features a 2-bedroom, 1-bedroom, and studio unit with strong income potential and opportunity to increase cash flow. Convenient Kalamazoo location near downtown, shopping, and public transportation. Ideal value-add investment property for investors looking to build long-term rental income.
Details
Maps
Documents
Location & Property Info
Cross Streets: Bank St / Reed ct
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: 40 X 100
Financial Available: No
Road Frontage: 40
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 3920
Lot Acres: 0.09
Year Built: 1905
Tax Info
Taxable Value: 26334
SEV: 65100
For Tax Year: 2025
Seller's Annual Property Tax: 1068
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: unknown
Tax ID #: 06-22-469-023
Remarks & Misc
Public Remarks: INVESTOR OPPORTUNITY! Three-unit income property generating approximately $2,500 per month in rental income, offered at $142,000. 40-Month Rental Certificate of Compliance. Property features a 2-bedroom, 1-bedroom, and studio unit with strong income potential and opportunity to increase cash flow. Convenient Kalamazoo location near downtown, shopping, and public transportation. Ideal value-add investment property for investors looking to build long-term rental income.
Legal: 41742 ASSESSORS PLAT OF SOUTH SIDE ANNEX, LIBER 9 OF PLATS PAGE 3; LOT 23
Lot Description
Level: 1
Sidewalk: 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
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Washer Hookup: 1
Exterior Material
Vinyl 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
None: 1
Driveway
Gravel: 1
Substructure
Michigan Basement: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 1 bedroom
Occupied: Yes
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 2 Bedroom
Occupied: No
Monthly Rent: 1250
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Studio
Occupied: No
Monthly Rent: 850
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 458
Street Name: Clinton
Suffix: Avenue
State: MI
Zip Code: 49001
Zip (4): 2993
OfficeContract Info
Status: Active
Current Price: $142,000
List Price: $142,000
Listing Date: 2026-04-08
Remarks Misc
Directions: Portage rd to Clinton ave, Turn right on Clinton Ave.
Property Features
Laundry Features: Washer Hookup
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Gravel
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Lead Based Paint Seller's Disclosure 
City 40 month Certificate of Compliance 
Listing Office: Lockett-Jones Realty Group
Listing Agent: James Jackson
Last Updated: April - 08 - 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.