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509 Oak St Kalamazoo, MI 49007

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For Sale
$299,900

Well-kept fourplex near Kalamazoo College and Western Michigan University.

Lot size:
0.06 Acres

Property Features for 509 Oak St

General Information

Property type
Investment
Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1895

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Listing Contact
Jeff Glover
Source: Elliman

Listing Agency: KW Professionals Listing Agent: Jeff Glover

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Vine Neighborhood Fourplex with Updates

This fourplex is located on the north side of the Vine Neighborhood. The property has a history of strong rental income, with a current rent roll of $3,250 per month. All four residences feature 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. System improvements include a new roof (2019), furnace (2014), water heater (2022), electrical upgrades (2014 and 2023), and exterior paint in 2023. The property is City Certified through 12/31/2026. The location is close to Kalamazoo College and Western Michigan University, and minutes to downtown dining. Unit #1 is currently vacant.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Kalamazoo
County
Kalamazoo
State
Michigan
Longitude
-85.592164
Latitude
42.287344

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 $3,250/month income and potential for rent increases.; - Three of four units **fully renovated** in the last 3 years.; - Major system improvements: new roof (2019), furnace (2014), water heater (2022), and electrical upgrades (2014 & 2023).
More about this property
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