Property Type:
Multi Family
Lot Size (sq. ft.):
10,890
Status:
Active
Current Price:
$500,000
List Date:
8/08/2025
Last Modified:
2/10/2026
521 Pearl Street, Kalamazoo, MI 49007
$500,000
Description
Discover this impeccably maintained 8-unit brick building in the heart of Kalamazoo's vibrant Vine neighborhood! Fully occupied and city-certified, it blends historic character with thoughtful modern updates, supported by a strong rental history. Recent improvements include a newer roof, fresh exterior paint, and numerous mechanical upgrades. Tenants enjoy on-site coin laundry and the rare advantage of 12 off-street parking spaces. Generating a steady $6,5K+ in monthly income, this turnkey property is a true Vine neighborhood gem—where timeless architecture meets modern convenience.
More Information MLS# 25040146
Location & Property Info
Cross Streets: Lovell & Walnut
Property Sub-Type: 5+ Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 45.53
General Property Info
New Construction: No
Lot Dimensions: 66 x 165
Financial Available: Yes
Financial Comments: Available for portfolio - 4 seperate properties
Road Frontage: 66
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-07-31
Waterfront: No
Basement: Yes
Total # Units: 21
# of Diff Unit Floor Plans: 21
Total # Bldgs: 4
Total Approx. SqFt All Bldgs: 10981
Total Parking Spaces: 12
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 10890
Lot Acres: 0.25
Year Built: 1924
Tax Info
Taxable Value: 131880
SEV: 139000
For Tax Year: 2024
Seller's Annual Property Tax: 9127
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: None Known
Zoning: R
Tax ID #: 06-21-238-339
Remarks & Misc
Public Remarks: Discover this impeccably maintained 8-unit brick building in the heart of Kalamazoo's vibrant Vine neighborhood! Fully occupied and city-certified, it blends historic character with thoughtful modern updates, supported by a strong rental history. Recent improvements include a newer roof, fresh exterior paint, and numerous mechanical upgrades. Tenants enjoy on-site coin laundry and the rare advantage of 12 off-street parking spaces. Generating a steady $6,5K+ in monthly income, this turnkey property is a true Vine neighborhood gem—where timeless architecture meets modern convenience.
Legal: 50072 WELCHS ADDITION LOT 339
Street Type
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Unpaved: 1
Substructure
Full: 1
Extras
Laundry Facility: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 2
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 3
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 4
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 5
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 6
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 7
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 8
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 9
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 10
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 11
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Unit 12
Unit Description: 0
SqFt: 0
Occupied: Yes
Monthly Rent: 0
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 521
Street Name: Pearl
Suffix: Street
State: MI
Zip Code: 49007
OfficeContract Info
Status: Active
Current Price: $500,000
List Price: $500,000
Listing Date: 2025-08-08
Remarks Misc
Directions: one block West Of Westnedge Avenue on Pearl Street.
Property Features
Exterior Material: Brick; Wood Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Laundry Facility
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Unpaved
Street Type: Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office:
Keller Williams GR East
Listing Agent:
Lucas Howard
Last Updated: February - 10 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
