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Triplex with Off-Street Parking
New
For Sale
$319,900

127 Elm Street, Kalamazoo, MI 49007

Multi Family, Kalamazoo, MI

Property SizeContact for details
Lot Size0.32 Acres
Days on Market2

Property Features for 127 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RM-36
Bedrooms 5
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 5, Bedroom 1
Parking 6
Parking features Driveway
Basement Full
Subdivision K09 - Dntown S To Crosstown
Lot features Sidewalk
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions From corner of Elm and w. Main go north 1/2 block
Standard status Active
APN 06-16-454-025
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 46266 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; THE EAST 1/2 OF THE SOUTH 66FT OF THE NORTH 676.5FT OF LOT 24. ALSO LOT 25.
Tax Annual Amount 5897
Legal Description 46266 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; THE EAST 1/2 OF THE SOUTH 66FT OF THE NORTH 676.5FT OF LOT 24. ALSO LOT 25.

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1868
Number of units 3
Building materials Wood Siding
Roof type Composition
Listing Agency: Century 21 Affiliated (GR)
Listed By: Justin M Rinks · License #6501420063
Added: Sep 9 Last Checked: Sep 10 at 7:06PM
MLS# 26047763

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 1868-built triplex contains three separate apartments: a remodeled main-floor unit configured for two or three bedrooms, a two-bedroom apartment upstairs, and a studio efficiency also located on the upper level. Improvements include three newer furnaces, upgraded electrical service, modernized wiring, and plumbing updates. The exterior uses wood siding, with a composition roof, forced-air heating, public sewer, and cable availability.

The property occupies a 0.32-acre lot at 127 Elm Street in Kalamazoo’s Stuart Neighborhood. It is near Western Michigan University, Kalamazoo College, downtown, bus routes, restaurants, and neighborhood shops. A shared entry driveway provides access, and the site includes extensive off-street parking.

Key Highlights

  • Three‑apartment triplex with a remodeled main‑floor unit, two‑bedroom upper apartment, and upstairs studio efficiency
  • 0.32‑acre lot at 127 Elm Street in Kalamazoo’s Stuart Neighborhood
  • Three newer furnaces, upgraded electrical service, modernized wiring, and plumbing updates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Florist Locksmith Acupuncture Furniture & Home Goods

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,338
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three apartments include a remodeled main-floor residence, a two-bedroom unit, and an upstairs studio efficiency.
Where is this triplex located?
The property is located at 127 Elm Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Three‑apartment triplex with a remodeled main‑floor unit, two‑bedroom upper apartment, and upstairs studio efficiency; 0.32‑acre lot at 127 Elm Street in Kalamazoo’s Stuart Neighborhood; Three newer furnaces, upgraded electrical service, modernized wiring, and plumbing updates
More about this property
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