Properties for sale in Michigan

Overview

Description

Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare

Supplements: opportunity to own a turnkey multi-family investment in one of Kalamazoo's most sought-after rental markets.

Location Property Info

County: Kalamazoo
Street #: 709
Street Direction: W
Street Name: Lovell
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 4501

General Property Info

Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Lot Dimensions: 66x132
Year Built: 1884
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2029-04-30
Road Frontage: 66
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2487
Total Parking Spaces: 6
Waterfront: No
School District: Kalamazoo
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 39000621226389
Taxable Value: 101533
SEV: 144400
For Tax Year: 2026
Seller's Annual Property Tax: 6834.61
Tax Year: 2025
Spec Assessment & Ty: None known
Zoning: Residential/Mul
Homestead %: 0

Remarks Misc

Directions: Stadium Dr. to South St. right, right on Oak St. one block to W. Lovell St., right on W. Lovell - 709 is 2nd house on right.

Status Change Info

Under Contract Date: 2026-03-25
Sold Date: 2026-06-19
Sold Price/SqFt: 114.6

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Main Floor - Unit 1
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Unit 2

Unit #: 2
Unit Description: Main Floor - Unit 2
Occupied: Yes
Monthly Rent: 1350
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 3

Unit #: 3
Unit Description: Upper Level - Unit 3
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
A/C Unit: Yes
Deck/Patio: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Location & Property Info

Cross Streets: Pearl Ct. & Oak St.
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 120.59

Remarks & Misc

Public Remarks: Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare
Legal: 50234 WELCHS ADDITION LOT 389.

Lot Description

Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Wall Unit(s): Yes

Tenant Pays

Electric: Yes
Gas: Yes

Substructure

Daylight: Yes
Full: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement Exterior Material: Wood Siding Roofing: Composition Substructure: Daylight; Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Wall Unit(s) Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; VA Loan Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System Unit 2: Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 3: Range/Oven; A/C Unit; Deck/Patio; Refrigerator; Sep. Heat System

709 W Lovell Street, Kalamazoo, MI 49007