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    509 Oak St Kalamazoo, MI 49007

    New
    For Sale
    $299,900

    MULTI_FAMILY - Kalamazoo, MI

    Lot size:
    0.06 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 509 Oak St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Basement
    Bedrooms
    4
    APN
    06-21-237-008
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1895
    Number of units
    4
    Building materials
    Wood Siding
    Roof type
    Composition

    Creekstone Realty (616) 889-8514

    Listing agent Jeffrey Glover (616) 594-1000

    Listing date Dec 2, 2025

    MLS# 25057367 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kalamazoo Fourplex Near Universities

    Located on the north side of the Vine Neighborhood in Kalamazoo, this fourplex offers a strong rental history. Each of the four residences includes one bedroom and one bathroom. Rents include all utilities. Three of the units have been fully renovated. Unit #2 features painted cabinets, a quartz countertop, a unique backsplash, a remodeled bathroom with a new vanity and LVP flooring, and new carpet. Unit #3 was remodeled in 2025 with granite, LVP flooring throughout, a new bathroom, vanity, and shower. Unit #1 was remodeled in 2024 with new painted kitchen cabinets, a new bath and shower, vanity, carpet, and LVP. Unit 4 has not been updated. The property includes an easily accessible basement with coin laundry, plus off-street parking with two tandem spaces on the north side and one off-street space on the south side. A new roof was installed in 2019, a furnace in 2014, and a water heater in 2022. Electrical upgrades were completed in 2014 and 2023, and the exterior was painted in 2023. The property is City Certified through 12/31/2026. It is close to Kalamazoo College and Western Michigan University, and minutes to downtown dining staples. Units #1 and #2 will become vacant at the beginning of November.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.591996
    Latitude
    42.287078

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    FAQs

    What type of property is this?
    Quadplex - Well-kept fourplex near Kalamazoo College and Western Michigan University.
    Where is this quadplex located?
    The property is located at 509 Oak St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Strong rental history with $3,195/month current rent roll and potential for increases.; - Units #1 and #2 vacancy in November allows for immediate rent increases to market value.; - Three of the four units have been fully renovated in the last 3 years.
    (616) 594-1000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 Oak St Kalamazoo, MI 49007
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