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Two-Unit Duplex with Updated Systems
For Sale
$184,900

418-420 Elm Street, Kalamazoo, MI 49007

Multi Family, Kalamazoo, MI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market138

Property Features for 418-420 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description MULTI
Bedrooms 5
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Basement, Bathroom 3, Bedroom 2, Bedroom 3
Parking 3
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 06-16-430-166
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 34326, 34256 REVISED PLAT OF PROUTYS ADDITION LOT 66, EXC S 2R OF W 84FT. ALSO S 8.25FT OF N 1R OF LOT 50. ALSO N 1R OF W 3R OF LOT 51, EXC N 8.25FT OF W 18FT THEREOF. ALSO N 1R OF E 1R OF LOT 51.
Tax Annual Amount 3300
Legal Description 34326, 34256 REVISED PLAT OF PROUTYS ADDITION LOT 66, EXC S 2R OF W 84FT. ALSO S 8.25FT OF N 1R OF LOT 50. ALSO N 1R OF W 3R OF LOT 51, EXC N 8.25FT OF W 18FT THEREOF. ALSO N 1R OF E 1R OF LOT 51.

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1913
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Ahmed ''Ali'' Khalil · License #6501425556
Added: May 21 Changed: Sep 22 Last Checked: Oct 5 at 9:06PM
MLS# 26023751

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 Kalamazoo duplex contains two separate residential units, including a two-bedroom layout and a larger three-bedroom layout. The property includes a basement, wood siding, forced-air heating, a composition roof, newer furnaces, and newer water heaters. Natural gas is available, and each tenant pays their own electric and gas service.

Located at 418-420 Elm Street, the property is near downtown Kalamazoo, shopping, dining, and local amenities. Rental income is already in place, and the city-certified rental status remains effective through 01/30/2027. The property may also suit an owner-occupant seeking separate rental space, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex with 2‑bedroom and 3‑bedroom layouts
  • City‑certified rental status through 01/30/2027
  • Newer roof, furnaces, and water heaters

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Acupuncture Pet Store 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,315
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?
Duplex - Separate living spaces, basement storage, and city-certified rental status support flexible ownership and leasing options.
Where is this duplex located?
The property is located at 418-420 Elm Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom and 3‑bedroom layouts; City‑certified rental status through 01/30/2027; Newer roof, furnaces, and water heaters
More about this property
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