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Duplex Income Property
For Sale
$189,900

418-420 Elm Street, Kalamazoo, MI 49007

MULTI_FAMILY - Kalamazoo, MI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market95

Property Features for 418-420 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI
Bedrooms 5
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3
Parking 3
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 06-16-430-166
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 34326, 34256 REVISED PLAT OF PROUTYS ADDITION LOT 66, EXC S 2R OF W 84FT. ALSO S 8.25FT OF N 1R OF LOT 50. ALSO N 1R OF W 3R OF LOT 51, EXC N 8.25FT OF W 18FT THEREOF. ALSO N 1R OF E 1R OF LOT 51.
Tax Annual Amount 3300
Legal Description 34326, 34256 REVISED PLAT OF PROUTYS ADDITION LOT 66, EXC S 2R OF W 84FT. ALSO S 8.25FT OF N 1R OF LOT 50. ALSO N 1R OF W 3R OF LOT 51, EXC N 8.25FT OF W 18FT THEREOF. ALSO N 1R OF E 1R OF LOT 51.

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1913
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Ahmed ''Ali'' Khalil · License #6501425556
Added: May 21 Changed: Aug 11 Last Checked: Aug 23 at 8:06AM
MLS# 26023751

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex consists of two separate units at 418 and 420 Elm Street, each with its own living space. Unit 418 is a 2-bedroom home currently rented for $800 per month, and Unit 420 is a larger 3-bedroom unit currently rented for $1,200 per month. The property is described as having a newer roof, newer furnaces, and newer water heaters. Tenants pay their own electric and gas.

The listing notes the rental status is city certified until 01/30/2027. The offering is presented as a conventional/FHA/VA/land contract purchase, subject to buyer qualification.

For investors, the value is in acquiring an income-producing duplex with established tenants and updated mechanicals. For owner-occupants, the layout supports living in one unit while the other unit remains rented, with tenant-paid utilities helping to offset operating costs. Overall, it is a straightforward duplex purchase with defined unit sizes, current rent roll information, and a documented rental timeline.

Key Highlights

  • Duplex at 418‑420 Elm Street, Kalamazoo, built in 1913
  • Unit 418 is a 2‑bedroom currently rented for $800/month
  • Unit 420 is a 3‑bedroom currently rented for $1,200/month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Auto Parts Store Locksmith Acupuncture Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,315
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with separate living spaces, newer major systems, and city-certified rental through January 30, 2027.
Where is this duplex located?
The property is located at 418-420 Elm Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Duplex at 418‑420 Elm Street, Kalamazoo, built in 1913; Unit 418 is a 2‑bedroom currently rented for $800/month; Unit 420 is a 3‑bedroom currently rented for $1,200/month
More about this property
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