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    521 Pearl St Kalamazoo, MI 49007

    For Sale
    $500,000

    MULTI_FAMILY - Kalamazoo, MI

    Lot size:
    0.25 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 521 Pearl St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    06-21-238-339
    Parking
    12
    Parking features
    Paved or Surfaced
    Basement
    Full
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1924
    Number of units
    21
    Building materials
    Brick, Wood Siding
    Roof type
    Composition

    Grand Rapids Market Center East (616) 575-1800 [email protected]

    Listing agent Lucas Howard (616) 893-6478

    Listing date Aug 20, 2025

    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 Multifamily Investment Opportunity

    Located in Kalamazoo's Vine neighborhood, this is an impeccably maintained 8-unit brick building. The property is fully occupied and city-certified, blending historic character with modern updates and a strong rental history. Recent improvements include a newer roof, fresh exterior paint, and numerous mechanical upgrades. The property includes on-site coin laundry and 12 off-street parking spaces. The building generates over $6,500 in monthly income. Situated on a 0.25-acre lot, this turnkey property is located at 521 Pearl Street, Kalamazoo, MI 49007.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -85.590591
    Latitude
    42.286748

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 8-unit building in Kalamazoo's Vine neighborhood with strong rental history.
    Where is this apartment building located?
    The property is located at 521 Pearl St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Turnkey, fully occupied 8-unit brick building generating $6,500+ monthly income.; - Rare 12 off-street parking spaces.; - Newer roof, fresh exterior paint, and numerous mechanical upgrades.
    (616) 893-6478
    Request Owner's contact information
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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
    521 Pearl St Kalamazoo, MI 49007
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