$220,000
Kalamazoo, MI 49007
MLS# 26020470
1 / 16
Property Description
Completely remodeled side-by-side duplex with 2 BR available August 1 and 1 BR rented through 7.2027. comes with 3 car garage for parking and storage, garden space and small yard for minimal care. Since 2010, the 2BR bath was expanded to accommodate a walk in shower, laundry and storage, a new roof was added, Aluminum siding painted, porch steps and railings replaced, 2 new furnaces and water heaters, updated electrical panels, lighting, kitchens and baths. Hardwood floors and open floorplan
Details
Maps
Location & Property Info
Cross Streets: cedar and Walnut
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Ownership Type: Broker/Agent Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 173.36
General Property Info
New Construction: No
Lot Dimensions: 66 x 82.5
Financial Available: No
Financial Comments: possible L/C or Lease OP for owner occupant only
Road Frontage: 6682
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-02-17
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1269
Total Parking Spaces: 3
School District: Kalamazoo
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 5663
Lot Acres: 0.13
Year Built: 1865
Tax Info
Taxable Value: 33400
SEV: 70400
For Tax Year: 2025
Seller's Annual Property Tax: 2309
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 06-21-235-001
Remarks & Misc
Public Remarks: Completely remodeled side-by-side duplex with 2 BR available August 1 and 1 BR rented through 7.2027. comes with 3 car garage for parking and storage, garden space and small yard for minimal care. Since 2010, the 2BR bath was expanded to accommodate a walk in shower, laundry and storage, a new roof was added, Aluminum siding painted, porch steps and railings replaced, 2 new furnaces and water heaters, updated electrical panels, lighting, kitchens and baths. Hardwood floors and open floorplan
Legal: 50426 WELCHS ADDITION N 5R OF LOT 433.
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Income and Expenses
Annual Insurance: 629
Annual Maintenance: 1117
Annual Mgmt. Fees: 456
Annual Utilities: 189
Gross Op. Inc.: 7840
Net Operating Income: 5449
Operating Expense: 2391
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Land Contract: 1
Land Contract Down Payment: 40000
Land Contract Interest Rate: 7
Land Contract Terms (# Months): 120
Lease Purchase: 1
Mineral Rights
No: 1
Laundry Features
In Unit: 1
Exterior Material
Aluminum Siding: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Paved: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 502
Unit Description: 803 w Cedar
Occupied: Yes
Monthly Rent: 790
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 2
Unit #: 803
Unit Description: 502 Locust
Monthly Rent: 890
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 502
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 5022
OfficeContract Info
Status: Active
Current Price: $220,000
List Price: $220,000
Listing Date: 2026-05-07
Remarks Misc
Directions: SW corner of Locust and Cedar
Property Features
Laundry Features: In Unit
Exterior Material: Aluminum Siding; Wood Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages; Sep Electric Meter; Sep Gas Meter
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete; Paved
Street Type: Paved; Public
Mineral Rights: No
Terms Available: Cash; Land Contract; Lease Purchase
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Deck/Patio; Garage; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 2: Dishwasher; Garage; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Home Marketing Systems, Inc.
Listing Agent: Mike H Fleckenstein
Last Updated: May - 07 - 2026
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