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$395,000
$399,900 1.2%
Est. payment /mo
7,013 Sqft Lot
Sold on 05/21/2026
830 W Main Street Kalamazoo, MI 49006
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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 26009235
Year Built 1885
Annual Tax Amount $7,438
Tax Year 2026
Lot Size 7,013 Sqft
Property Sub-Type 5+ Units
Property Description
Located in one of Kalamazoo's most desirable rental corridors, this fully leased 6-unit investment property sits directly across the street from Kalamazoo College and within walking distance to Downtown Kalamazoo, making it an ideal location for students and young professionals alike. The property features a diverse unit mix consisting of two 2-bedroom apartments, one 1-bedroom unit, and three studio units, providing strong rental demand and diversified income streams. The building is fully occupied and currently generating $4,905 per month in gross rental income, offering investors immediate cash flow from day one. Significant capital improvements have already been completed, including a new boiler installed in 2026, updated electrical systems, and recent paint and flooring updates throughout the property. Additional value-add features include a newly installed coin-operated laundry room, providing a convenient amenity for tenants while generating additional income for ownership. With its prime college location, strong rental history, and recent mechanical and cosmetic updates, this property represents a turn-key investment opportunity in the heart of Kalamazoo's high-demand rental market. its prime college location, strong rental history, and recent mechanical and cosmetic updates, this property represents a turn-key investment opportunity in the heart of Kalamazoo's high-demand rental market.
Location
State MI
County Kalamazoo
Interior
Heating Steam
Exterior
Parking Features Unpaved
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Five Star Real Estate
Bought with Five Star Real Estate
Bought with Five Star Real Estate
NEARBY SCHOOL & BUSINESS
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