Well-Maintained 8-Unit Apartment
For Sale
$475,000
521 Pearl St, Kalamazoo, MI 49007
Solid investment opportunity with consistent rental income and on-site amenities.
Property SizeContact for details
Days on Market123
Property Features for 521 Pearl St
General Information
Standard status
Active
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$9,399
Building Details
Year Built
1924
Units
8
Listing Agency:
Five Star Real Estate
(269) 377-4589
Listed By:
Adam Atwood · License #6506047769
(269) 377-4589
Source:
Elliman
Added: Apr 24
Changed: Aug 13
Last Checked: Aug 24 at 9:20AM
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 Five Star Real Estate
Investment Insights
Based on property information with market context.
This well-maintained 8-unit apartment building offers a solid investment opportunity. The property provides consistent rental income, with a current gross monthly rent of $6,350. Tenants have access to on-site laundry facilities located in the basement, enhancing convenience. A rear parking lot offers ample off-street parking. The location has a bike score of 60, indicating it is bikeable, and a walk score of 71, indicating it is very walkable.
Key Highlights
- Consistent rental income with a current gross monthly rent of $6,350.
- Ample off‑street parking in the rear parking lot.
- On‑site laundry facilities in the basement.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,806
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Solid investment opportunity with consistent rental income and on-site amenities.
Where is this apartment building located?
The property is located at 521 Pearl St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Consistent rental income with a current gross monthly rent of $6,350.; Ample off‑street parking in the rear parking lot.; On‑site laundry facilities in the basement.
