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Two-Building 7-Unit Apartment
For Sale
$499,900

809-807 W Cedar St, Kalamazoo, MI 49007

Two buildings totaling seven units are located on one parcel with off-street parking and updated units in place.

Property SizeContact for details
Days on Market107

Property Features for 809-807 W Cedar St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $5,709

Amenities

off-street parking

Building Details

Year Built 1865
Units 7
Listing Agency: KW Professionals
Listed By: Ryan M Prichard · License #6502408794
Source: Elliman
Added: May 9 Changed: Aug 19 Last Checked: Aug 23 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Professionals

Investment Insights

Based on property information with market context.

This offering includes two apartment buildings on a single parcel: a four-unit building and a three-unit building, totaling seven units. The property includes a mix of updated units and additional units that offer a continued path for improvements and repositioning. Off-street parking and functional unit layouts are included, and the property is city-certified.

The buildings are described as being in the heart of Kalamazoo, near Western Michigan University, Kalamazoo College, downtown, and major amenities. The seller notes consistent rental demand in the area.

The seller indicates multiple purchase paths and provides structured support for any vacant units at closing. Rent roll and financials are available upon request.

Key Highlights

  • Two buildings on one parcel totaling 7 units (4‑unit building and 3‑unit building)
  • Year built 1865
  • Off‑street parking

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Big Box & Wholesale Store Acupuncture

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

2,806
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

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?
Multifamily property - Two buildings totaling seven units are located on one parcel with off-street parking and updated units in place.
Where is this multifamily property located?
The property is located at 809-807 W Cedar St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two buildings on one parcel totaling 7 units (4‑unit building and 3‑unit building); Year built 1865; Off‑street parking
More about this property
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