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Duplex with Hardwood Floors
New
For Sale
$160,000

1020 S Park Street, Kalamazoo, MI 49001

Multi Family, Kalamazoo, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market5

Property Features for 1020 S Park Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 5, Bathroom 1
Parking 5
Lot features Sidewalk
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions N On Park (from Crosstown). Home is on the West side of the road with a shared Driveway
Standard status Active
APN 06-22-302-011
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 30504 NEWELLS ADDITION E 99FT OF TH S 42FT OF LOT 16.
Tax Annual Amount 6100
Legal Description 30504 NEWELLS ADDITION E 99FT OF TH S 42FT OF LOT 16.

Utilities

Heating system Forced Air

Amenities

in-unit laundry

Building Details

Year built 1896
Number of units 2
Roof type Composition
Listing Agency: Five Star Real Estate
Listed By: Adam Atwood · License #6506047769
Added: Aug 27 Last Checked: Aug 31 at 1:06AM
MLS# 26045430

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 two-unit residential income property includes a lower apartment with three bedrooms, one bathroom, hardwood flooring, generously sized bedrooms, and laundry within the unit. The upper apartment contains two bedrooms, one full bathroom, hardwood floors, and a separate laundry area; it is currently vacant. Both units are supported by forced-air heating, and the composition roof serves a structure built in 1896 on a 0.1-acre lot.

Gas and electric costs are allocated separately, with each apartment responsible for its own usage. The property is city certified through 2/28/26 and is located at 1020 S Park Street in Kalamazoo’s Vine Neighborhood.

Key Highlights

  • Two‑unit property with 3‑bedroom lower and 2‑bedroom upper apartments
  • Upper apartment is currently vacant
  • Hardwood flooring in both apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store 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

Location Intelligence

Trade Area within ½ mile

2,397
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
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 separate apartments offer private laundry areas and individually metered gas and electric responsibility.
Where is this duplex located?
The property is located at 1020 S Park Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit property with 3‑bedroom lower and 2‑bedroom upper apartments; Upper apartment is currently vacant; Hardwood flooring in both apartments
More about this property
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