Kalamazoo Multifamily Investment
For Sale
$475,000
521 Pearl Street, Kalamazoo, MI 49007
MULTI_FAMILY - Kalamazoo, MI
Property SizeContact for details
Lot Size0.25 Acres
Days on Market140
Property Features for 521 Pearl Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R
Bedrooms
5
Full bathrooms
7
Rooms
Bathroom 7, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Basement, Bedroom 3
Parking
12
Parking features
Paved or Surfaced
Basement
Full
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Standard status
Active
APN
39-06-21-238-339
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
50072 WELCHS ADDITION LOT 339
Tax Annual Amount
9400
Legal Description
50072 WELCHS ADDITION LOT 339
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Forced Air
Amenities
on-site laundry facilities
Building Details
Year built
1924
Number of units
8
Building materials
Brick, Wood Siding
Roof type
Composition
Listing Agency:
Five Star Real Estate
(269) 377-4589
Listed By:
Adam Atwood · License #6506047769
(269) 377-4589
Added: Apr 6
Changed: Jul 25
Last Checked: Aug 23 at 11:06AM
MLS# 26013773
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 well-maintained 8-unit apartment building in Kalamazoo, Michigan, 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. A rear parking lot offers ample off-street parking. The property is situated on a 0.25-acre lot.
Key Highlights
- 8‑unit apartment building with current gross monthly rent of $6,350
- Built in 1924 with brick and wood siding construction
- Forced‑air heating and composition roof
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,765
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 - Well-maintained 8-unit apartment building with consistent rental income.
Where is this apartment building located?
The property is located at 521 Pearl Street 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: 8‑unit apartment building with current gross monthly rent of $6,350; Built in 1924 with brick and wood siding construction; Forced‑air heating and composition roof
