809 W Cedar Street new Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49007
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25038683
Year Built 1865
Annual Tax Amount $5,612
Tax Year 2025
Lot Size 8,712 Sqft
Property Sub-Type 5+ Units
Property Description
30-year DSCR financing available! Excellent investment opportunity in the heart of Kalamazoo. This 7-unit, city-certified multi-family property includes two buildings on one parcel—a 3-unit and a 4-unit—currently generating $5,945/month in gross rent. With strong cash flow, functional layouts, and long-term tenant stability, this asset offers immediate returns and future upside. Utilities are gross leased, with costs annualized and charged back to tenants. Located near Western Michigan University, Kalamazoo College, downtown shops, Bronson Park, and more. Off-street parking included. A prime option for portfolio growth or optional owner-occupancy. Priced at $539,990.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Interior
Heating Baseboard,Radiant
Cooling Window Unit(s),None
Fireplaces Number 2
Exterior
Parking Features Paved
Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Other,Composition
Building
Sewer Public Sewer
Structure Type Shingle Siding,Stucco
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing VA Loan,FHA,Cash,Assumable,Conventional,Contract
Listing Terms VA Loan,FHA,Cash,Assumable,Conventional,Contract