$189,900
Kalamazoo, MI 49007
MLS# 26023751
1 / 19
Property Description
Excellent opportunity to add a strong cash-flowing duplex to your investment portfolio! This well-positioned property at 418-420 Elm Street in Kalamazoo features two spacious units with reliable rental income already in place. Unit 418 offers a 2-bedroom layout currently rented for $800/month, while Unit 420 features a larger 3-bedroom layout bringing in $1,200/month. Newer roof; newer furnaces and water heaters. Each tenant pays electric and gas. With separate living spaces and solid income potential, this property is ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental revenue. Conveniently located near downtown, shopping, dining, and local amenities, this duplex offers a great combination of value, opportunity, and long-term upside.
Details
Location & Property Info
Cross Streets: W. Kalazoo Ave & W. Willard
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 79.59
General Property Info
New Construction: No
Lot Dimensions: 57.5X101.4
Financial Available: No
Road Frontage: 57
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2386
Total Parking Spaces: 3
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 9148
Lot Acres: 0.21
Year Built: 1913
Tax Info
Taxable Value: 49018
SEV: 91400
For Tax Year: 2025
Seller's Annual Property Tax: 3300
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: NONE KNOWN
Zoning: MULTI
Tax ID #: 06-16-430-166
Remarks & Misc
Public Remarks: Excellent opportunity to add a strong cash-flowing duplex to your investment portfolio! This well-positioned property at 418-420 Elm Street in Kalamazoo features two spacious units with reliable rental income already in place. Unit 418 offers a 2-bedroom layout currently rented for $800/month, while Unit 420 features a larger 3-bedroom layout bringing in $1,200/month. Newer roof; newer furnaces and water heaters.
Each tenant pays electric and gas. With separate living spaces and solid income potential, this property is ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental revenue. Conveniently located near downtown, shopping, dining, and local amenities, this duplex offers a great combination of value, opportunity, and long-term upside.
Legal: 34326, 34256 REVISED PLAT OF PROUTYS ADDITION LOT 66, EXC S 2R OF W 84FT. ALSO S 8.25FT OF N 1R OF LOT 50. ALSO N 1R OF W 3R OF LOT 51, EXC N 8.25FT OF W 18FT THEREOF. ALSO N 1R OF E 1R OF LOT 51.
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Paved: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit Description: 418
Monthly Rent: 850
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 420
Monthly Rent: 1150
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Location Property Info
County: Kalamazoo
Street #: 418-420
Street Name: Elm
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 3232
OfficeContract Info
Status: Active
Current Price: $189,900
List Price: $189,900
Listing Date: 2026-05-21
Property Features
Exterior Material: Wood 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 Water
Owner Pays: Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Sale Conditions: None
Listing Office: Real Broker, LLC
Listing Agent: Ahmed ''Ali'' Khalil
Last Updated: May - 25 - 2026
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