$359,900
Kalamazoo, MI 49008
MLS# 25056771
1 / 39
Property Description
Vine Neighborhood 5-unit building on desirable Wheaton Ave. This multi-unit building offers a large lot with plenty of off-street parking and a 4-stall garage. Unit 1 is a 3 bedroom, 2 full bathroom apartment with approximately 1,100 sqft. Units 2-5 are a mix of studios to 1 bedroom ranging from 600- 800 sqft. Lower level of unit #1 has legal living space (egress window in finished space in the basement). There are two furnaces and two central AC units. Additional opportunities for a new owner to increase income with 4-stall garage conversion to rental space/storage units (est. $100 per unit post-renovation), and a coin-op washer/dryer.
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 529
Street Name: Wheaton
Suffix: Avenue
State: MI
Zip Code: 49008
Zip (4): 1389
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $359,900
List Price: $359,900
Listing Date: 2025-11-05
General Property Info
Lot Measurement: Acres
Lot Square Footage: 13068
Lot Acres: 0.3
Lot Dimensions: 66x198
Year Built: 1889
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-08-30
Road Frontage: 66
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Parking Spaces: 5
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-21-433-011
Taxable Value: 140937
SEV: 151200
For Tax Year: 2025
Seller's Annual Property Tax: 9579
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: RM-15
Remarks Misc
Directions: From S Westnedge, west onto Wheaton.
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 2018
Annual Utilities: 5100
Gross Op. Inc.: 56160
Unit 1
Unit #: 1
Unit Description: Unit 1
Occupied: Yes
Monthly Rent: 1250
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Unit 2
Unit #: 2
Unit Description: Unit 2
Occupied: Yes
Monthly Rent: 850
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Unit 3
Occupied: Yes
Monthly Rent: 855
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Unit 4
Occupied: Yes
Monthly Rent: 875
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Unit 5
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Wood Siding
Substructure: Walk-Out Access
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Shared Unpaved
Street Type: Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Central Air; Range Oven; Refrigerator
Unit 2: Central Air; Range/Oven; Refrigerator
Unit 3: Range/Oven; Central Air; Refrigerator
Unit 4: Central Air; Range/Oven; Refrigerator
Unit 5: Central Air; Range/Oven; Refrigerator
Listing Office: Lukeman Group LLC
Listing Agent: Joseph Lukeman
Last Updated: January - 27 - 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.