709 W Lovell Street, Kalamazoo, MI 49007

New Listing
$299,900
Property Type: Multi Family Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $299,900 List Date: 3/12/2026 Last Modified: 3/12/2026

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.

More Information MLS# 26009489

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

General Property Info

New Construction: No Lot Dimensions: 66x132 Road Frontage: 66 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2029-04-30 Waterfront: No Basement: Yes Total # Units: 3 # of Diff Unit Floor Plans: 3 Total # Bldgs: 1 Total Approx. SqFt All Bldgs: 2487 Total Parking Spaces: 6 School District: Kalamazoo Association YN: No Lot Measurement: Acres Lot Square Footage: 8712 Lot Acres: 0.2 Year Built: 1884

Tax Info

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

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: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Public Sewer: 1 Public Water: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1 VA Loan: 1

Mineral Rights

Unknown: 1

Laundry Features

In Basement: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Wall Unit(s): 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Substructure

Daylight: 1 Full: 1

Extras

Sep Electric Meter: 1 Sep Gas Meter: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

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

Unit 2

Unit #: 2 Unit Description: Main Floor - Unit 2 Occupied: Yes Monthly Rent: 1350 Bedrooms: 3 Bathrooms: 1 Full Baths: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Unit 3

Unit #: 3 Unit Description: Upper Level - Unit 3 Occupied: Yes Monthly Rent: 1200 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Range/Oven: 1 A/C Unit: 1 Deck/Patio: 1 Refrigerator: 1 Sep. Heat System: 1

Possession

Subject To Tenant Rights: 1

Location Property Info

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

OfficeContract Info

Status: Active Current Price: $299,900 List Price: $299,900 Listing Date: 2026-03-12

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.

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
Listing Office: Five Star Real Estate
Listing Agent: Adam Atwood
IDX
Last Updated: March - 12 - 2026
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