Cross Streets: Walnut / Walwood
Property Sub-Type: 5+ Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Auction or For Sale: For Sale
New Construction: No
Lot Dimensions: 59x159x57x159
Road Frontage: 59
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 6
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total Parking Spaces: 12
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 9583
Lot Acres: 0.22
Year Built: 1895
Taxable Value: 102505
SEV: 132300
For Tax Year: 2025
Seller's Annual Property Tax: 2937
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: Commercial
Tax ID #: 06-21-224-025
Public Remarks: Excellent 6-unit investment opportunity in a prime, highly desirable location overlooking Davis Street Field and the iconic Heritage Hall. This unique property features two buildings on one parcel, including a four-unit building and a duplex, offering a strong and versatile unit mix with two 1-bedroom units, two studios, one 2-bedroom unit, and one spacious 4-bedroom unit. Many of the apartments have been thoughtfully updated with fresh paint, new flooring, updated kitchens, stainless steel appliances, and granite countertops, providing modern appeal for today's tenants. Recent capital improvements include a fresh exterior paint job, a new furnace in 613 Unit C, and a new water heater for 613. One studio apartment presents an excellent value-add opportunity for future updates to further increase cash flow, making this property a compelling option for both seasoned and new investors alike.
Legal: 12334 ASSESSORS A PLAT LOT 25 EXC E 33 FT
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Electricity Connected: 1
Natural Gas Connected: 1
Common Area: 1
In Unit: 1
Accessibility Features: No
Electricity: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit #: 613
Unit Description: A: Lower Front
SqFt: 584
Occupied: Yes
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit #: 613
Unit Description: B: Lower Rear
SqFt: 584
Occupied: Yes
Monthly Rent: 757
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit #: 613
Unit Description: C: Upper Front
SqFt: 584
Occupied: Yes
Monthly Rent: 860
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
Unit #: 613
Unit Description: D: Upper Rear
SqFt: 584
Occupied: Yes
Monthly Rent: 550
Bathrooms: 1
Full Baths: 1
Unit #: 615
Unit Description: #1
SqFt: 584
Occupied: Yes
Monthly Rent: 1070
Bedrooms: 4
Sep. Heat System: 1
Washer/Dryer: 1
Unit #: 615
Unit Description: 615: B Studio
SqFt: 584
Occupied: Yes
Monthly Rent: 687
Bathrooms: 1
Full Baths: 1
Sep. Heat System: 1
County: Kalamazoo
Street #: 613-615
Street Name: Davis
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 6005
Status: Active
Current Price: $415,000
List Price: $415,000
Listing Date: 2026-01-26
Laundry Features: Common Area; In Unit
Exterior Material: Wood Siding; Other
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Electricity; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Sep. Heat System
Unit 2: Sep. Heat System
Unit 3: Sep. Heat System
Unit 5: Sep. Heat System; Washer/Dryer
Unit 6: Sep. Heat System