$299,900
Kalamazoo, MI 49007
MLS# 26009489
1 / 54
Property Description
Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare
Details
Maps
Location & Property Info
Cross Streets: Pearl Ct. & Oak St.
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 120.59
General Property Info
New Construction: No
Lot Dimensions: 66x132
Road Frontage: 66
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-04-30
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2487
Total Parking Spaces: 6
School District: Kalamazoo
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Year Built: 1884
Tax Info
Taxable Value: 101533
SEV: 144400
For Tax Year: 2026
Seller's Annual Property Tax: 6834.61
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None known
Zoning: Residential/Mul
Tax ID #: 39000621226389
Remarks & Misc
Public Remarks: Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare
Legal: 50234 WELCHS ADDITION LOT 389.
Lot Description
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
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
Conventional: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
In Basement: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Daylight: 1
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Main Floor - Unit 1
Occupied: Yes
Monthly Rent: 900
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Deck/Patio: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Main Floor - Unit 2
Occupied: Yes
Monthly Rent: 1350
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Washer/Dryer: 1
Unit 3
Unit #: 3
Unit Description: Upper Level - Unit 3
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
A/C Unit: 1
Deck/Patio: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 709
Street Direction: W
Street Name: Lovell
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 4501
OfficeContract Info
Status: Active
Current Price: $299,900
List Price: $299,900
Listing Date: 2026-03-12
Remarks Misc
Directions: Stadium Dr. to South St. right, right on Oak St. one block to W. Lovell St., right on W. Lovell - 709 is 2nd house on right.
Property Features
Laundry Features: In Basement
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Daylight; Full
Lot Description: Sidewalk
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: 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: Wall Unit(s)
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer
Unit 3: Range/Oven; A/C Unit; Deck/Patio; Refrigerator; Sep. Heat System
Supplements
opportunity to own a turnkey multi-family investment in one of Kalamazoo's most sought-after rental markets.
Listing Office: Five Star Real Estate
Listing Agent: Adam Atwood
Last Updated: March - 18 - 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.