418-420 Elm Street Kalamazoo, MI 49007
9,148 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Kalamazoo City
MLS Listing ID 26023751
Year Built 1913
Annual Tax Amount $3,300
Tax Year 2025
Lot Size 9,148 Sqft
Acres 0.21
Lot Dimensions 57.5X101.4
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
CITY CERTIFED RENTAL UNTIL 01/30/2027
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.
Location
State MI
County Kalamazoo
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Exterior
Parking Features Paved
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 3
Building
Structure Type Wood Siding
New Construction No
Schools
School District Kalamazoo
Others
Tax ID 06-16-430-166
Acceptable Financing VA Loan, FHA, Cash, Conventional, Contract
Listing Terms VA Loan, FHA, Cash, Conventional, Contract