$225,000
Kalamazoo, MI 49008
MLS# 25040138
1 / 26
Property Description
Discover this well-kept, city-certified 3-unit property in Kalamazoo's sought-after Vine neighborhood! Recent mechanical upgrades include zoned heating for each apartment and brand-new electrical panels, offering both comfort and efficiency. Enjoy a spacious back deck, patio, and extra green space, along with ample off-street parking. Ideal for an owner-occupant or as a strong addition to any rental portfolio, this property generates $3K+ per month in rental income when fully occupied. Portfolio Option: MLS 25040138, 25040139, 25040142, 25040146
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 731
Street Name: Village
Suffix: Street
State: MI
Zip Code: 49008
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $225,000
List Price: $225,000
Listing Date: 2025-08-08
General Property Info
Lot Measurement: Acres
Lot Square Footage: 10890
Lot Acres: 0.25
Lot Dimensions: 64.68 x 165
Year Built: 1890
New Construction: No
Financial Available: Yes
Financial Comments: Included in listing.
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-02-28
Road Frontage: 64.68
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2357
Total Parking Spaces: 5
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-21-290-023
Taxable Value: 77280
SEV: 83900
For Tax Year: 2024
Seller's Annual Property Tax: 5969
Tax Year: 2024
Spec Assessment & Ty: None Known
Zoning: R
Remarks Misc
Directions: From Westnedge Avenue go South to Village Street and then West to home.
Access Feat
Accessibility Features: No
Income and Expenses
Annual Maintenance: 1314.92
Annual Mgmt. Fees: 1403.76
Annual Utilities: 4055.84
Gross Op. Inc.: 19170.13
Net Operating Income: 5995.23
Operating Expense: 13174.9
Unit 1
Unit Description: Unit 1
SqFt: 1
Occupied: Yes
Monthly Rent: 1206
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
SqFt: 704
Occupied: No
Monthly Rent: 950
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Unit 3
SqFt: 547
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Shingle Siding
Roofing: Composition
Substructure: Michigan Basement
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; Storm Sewer
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Unpaved
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; 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
Listing Office: Keller Williams GR East
Listing Agent: Lucas Howard
Last Updated: January - 20 - 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.