$855,000
Kalamazoo, MI 49007
MLS# 26029360
1 / 102
Property Description
Own a Piece of Kalamazoo History! Located in one of Kalamazoo's most prestigious and sought-after neighborhoods, South Street, this stately all-brick 8-unit apartment building presents an exceptional investment opportunity. Rich in character and timeless appeal, this well-maintained property is considered one of the area's finest multifamily assets. Most units are currently occupied, providing immediate rental income for the next owner. A unique opportunity to own a landmark investment property in a premier location.
Details
Documents
Location & Property Info
Cross Streets: Oakland & Oak
Property Sub-Type: 5+ Units
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 172.66
General Property Info
New Construction: No
Lot Dimensions: 73.3 X 89.2
Financial Available: Yes
Financial Comments: Unpon Request
Road Frontage: 73
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-07-30
Waterfront: No
Basement: No
Total # Units: 8
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 4952
Total Parking Spaces: 8
School District: Kalamazoo
Lot Measurement: Acres
Year Built: 1927
Tax Info
Taxable Value: 125468
SEV: 199500
For Tax Year: 2025
Seller's Annual Property Tax: 8445.84
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none
Tax ID #: 06-16-490-002
Remarks & Misc
Public Remarks: Own a Piece of Kalamazoo History! Located in one of Kalamazoo's most prestigious and sought-after neighborhoods, South Street, this stately all-brick 8-unit apartment building presents an exceptional investment opportunity. Rich in character and timeless appeal, this well-maintained property is considered one of the area's finest multifamily assets. Most units are currently occupied, providing immediate rental income for the next owner. A unique opportunity to own a landmark investment property in a premier location.
Legal: 37100 PLAT NO 2 OR REVISED PLAT SEC 16 PART OF LOT G S 11.22FT OF E 33FT OF N 143.22FT THEREOF PART OF LOT H BEG AT SW COR SD LOT H, TH E ALG N LI SOUTH ST 73.35FT, TH NLY 80FT TO A PT 74.27FT E OF W LI SD LOT, TH NELY 23.15FT TO A PT 102.83 FT N OF N LI SD ST & 78.2FT E OF W LI SD LOT TH N 23.95FT, TH W PAR WITH S LI ACADEMY ST 78.2FT, TH S ALG W LI SD LOT 125.84 FT TO BEGIN.
Waterfront Options
Water Access Y/N: No
Lot Description
Level: 1
Sidewalk: 1
Income and Expenses
Annual Insurance: 3100
Annual Maintenance: 5800
Annual Mgmt. Fees: 0
Annual Utilities: 7300
Gross Op. Inc.: 98960
Operating Expense: 24486
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
Other: 1
Sink: 1
Exterior Material
Brick: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Steam: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Concrete: 1
Gravel: 1
Unpaved: 1
Substructure
Daylight: 1
Full: 1
Extras
Carports: 1
Tenant Storage: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Studio
SqFt: 450
Occupied: Yes
Monthly Rent: 800
Bathrooms: 1
Full Baths: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: 2 bedroom
SqFt: 750
Occupied: Yes
Monthly Rent: 880
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: 1st floor studio
SqFt: 450
Occupied: No
Monthly Rent: 900
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Garage: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: 1st floor 1 bed+sun
SqFt: 600
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 5
Unit #: 5
Unit Description: 2BR w/dining+sunroom
SqFt: 830
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 6
Unit #: 6
Unit Description: 2ndfloor studio
SqFt: 450
Occupied: Yes
Monthly Rent: 950
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 7
Unit #: 7
Unit Description: 2nd floor 1bd+sun
SqFt: 600
Occupied: No
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Garage: 1
Refrigerator: 1
Monthly Rent: 1100
Range/Oven: 1
Unit 8
Unit #: 8
Unit Description: 2BR w/dining+sunroom
SqFt: 830
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Garage: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 800
Street Direction: W
Street Name: South
Suffix: Street
State: MI
Zip Code: 49007
OfficeContract Info
Status: Active
Current Price: $855,000
List Price: $855,000
Listing Date: 2026-06-08
Remarks Misc
Directions: Oakland Drive to W. South Street to both buildings.
Property Features
Laundry Features: Common Area; Other; Sink
Exterior Material: Brick
Roofing: Rubber
Substructure: Daylight; Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water
Extras: Carports; Tenant Storage
Owner Pays: Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Baseboard; Steam
Air Conditioning: None
Driveway: Concrete; Gravel; Unpaved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Garage; Range Oven; Refrigerator
Unit 2: Garage; Range/Oven; Refrigerator
Unit 3: Range/Oven; Garage; Refrigerator
Unit 4: Garage; Range/Oven; Refrigerator
Unit 5: Garage; Range/Oven; Refrigerator
Unit 6: Garage; Range/Oven; Refrigerator
Unit 7: Garage; Refrigerator; Range/Oven
Unit 8: Garage; Range/Oven; Refrigerator
Lead Based Paint Disclosure 
Listing Office: Chuck Jaqua, REALTOR
Listing Agent: Kathy A Smith
Last Updated: June - 15 - 2026
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