Address
908 S Park Street, Kalamazoo, MI
Price
$ 375,000
Property Attributes
  • MLS#26046705
  • TypeMulti-Family
  • Listing Status Active
  • CountyKALAMAZOO
  • CityKalamazoo
  • AreaKalamazoo City
  • NeighborhoodKalamazoo City
  • Zip49001
  • Style5+ Units
  • Year Built1912
  • Taxes$ 9187
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.22 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Two historic buildings, one turnkey income stream near downtown Kalamazoo. Built in 1912, six fully-occupied units (four 2-bed, two 1-bed) sit walking distance to WMU, Kalamazoo College, and Bronson Hospital, right on the bus line — a tenant mix that spans students, hospital staff, and young professionals. Sold at $375,000 — roughly $62,500/door, a basis that leaves room for long-term rent growth. Tenants cover gas and electric; owner pays only water. Shared coin-op laundry adds ancillary income. Separate heat systems per unit isolate maintenance and reduce turnover friction, while public water/sewer and paved off-street parking keep upkeep low. A clean, cash-flowing asset in one of Kalamazoo's most consistently rentable pockets.

Price History
9/3/2026 Listed $375,000

General Features

Heating Forced Air
Cooling None
Utilities Phone Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Stucco,Wood Siding
Year Built 1912
Tenant Pays Electric,Gas
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2021
OwnerPays Water
County Kalamazoo
New Construction No
Property Type Multi Family
Attached Garage No
Status Active
Directions North on S. Westnedge Ave to S. Park Street,continue north past Burr Oak Street on the west side of S. Park Street just south of Ranney Street.
City Kalamazoo
High School District Kalamazoo
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 9583.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 9187.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 57441
MobileHomeRemainsYN No
Senior Community None

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes

Exterior Features

Parking Features Paved
Lot Features Sidewalk
Total Parking 8.0
Lot Size Area 0.22
Number of Buildings 2
Spa No
Lot Dimensions 160x60
Lot Size Acres 0.22
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49001

Price
AVG $620K
$380K
Taxes
AVG $11,413
$9,187
Year Built
AVG 1927
1912
Visits
AVG 216
36
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.