$200,000
Kalamazoo, MI 49008
MLS# 25046907
Status: Sold
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Property Description
Investment Opportunity - 4-Unit Rental Property Near WMU & Kalamazoo College. Fully rented and ideally located, this well-maintained 4-unit property in the Vine neighborhood offers an excellent opportunity for investors seeking reliable cash flow. Just minutes from Western Michigan University, Kalamazoo College and downtown Kalamazoo, the property attracts consistent rental demand from students and professionals alike. Highlights include: 75% Occupancy - 3/4 leased with steady rental income. Prime Location - walking distance to campus, downtown Kalamazoo, restaurants, and shopping. Strong Rental Market - high demand area with long-term investment stability. Turnkey Investment - professionally managed and tenant-ready. This property combines location, stability, and income potential in one package. Whether you're adding to your portfolio or stepping into multi-family investment this is a proven performer in a thriving rental market.
Details
Maps
Location & Property Info
Cross Streets: Locust & Oak
Property Sub-Type: 2 to 4 Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 66x198
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 13068
Lot Acres: 0.3
Year Built: 1890
Tax Info
Taxable Value: 112152
SEV: 131900
For Tax Year: 2025
Seller's Annual Property Tax: 7872
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Tax ID #: 0621281015
Remarks & Misc
Public Remarks: Investment Opportunity - 4-Unit Rental Property Near WMU & Kalamazoo College. Fully rented and ideally located, this well-maintained 4-unit property in the Vine neighborhood offers an excellent opportunity for investors seeking reliable cash flow. Just minutes from Western Michigan University, Kalamazoo College and downtown Kalamazoo, the property attracts consistent rental demand from students and professionals alike. Highlights include: 75% Occupancy - 3/4 leased with steady rental income. Prime Location - walking distance to campus, downtown Kalamazoo, restaurants, and shopping. Strong Rental Market - high demand area with long-term investment stability. Turnkey Investment - professionally managed and tenant-ready. This property combines location, stability, and income potential in one package. Whether you're adding to your portfolio or stepping into multi-family investment this is a proven performer in a thriving rental market.
Legal: 35318 GEORGE D RICE'S ADDITION, LIBER 1 OF PLATS PAGE 5; LOT 15.
Util Avail at Street
Public Sewer: 1
Public Water: 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
FHA: 1
VA Loan: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Wood Siding: 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
Driveway
Shared Paved: 1
Substructure
Michigan Basement: 1
Extras
Garages: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: Studio
Monthly Rent: 0
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit Description: 3
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 4
Unit Description: Studio
Occupied: Yes
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 719
Street Direction: W
Street Name: Vine
Suffix: Street
State: MI
Zip Code: 49008
OfficeContract Info
Status: Sold
Current Price: $200,000
List Price: $275,000
Listing Date: 2025-09-12
Remarks Misc
Directions: Westnedge to W Vine
Status Change Info
Under Contract Date: 2025-10-30
Sold Date: 2025-11-21
Sold Price: $200,000
Property Features
Laundry Features: Common Area; In Basement
Exterior Material: Wood Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer; Public Water
Extras: Garages
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Shared Paved
Terms Available: Cash; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator
Supplements
It also can be sold with the neighboring property 713 W Vine St to make a fantastic package (separate tax id's). This property also features a detached garage/barn for storage of all your rental property essentials.
Listing Office: Berkshire Hathaway HomeServices MI
Listing Agent: Jenny Doan
Last Updated: April - 22 - 2026
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