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Updated Duplex with Carport
For Sale
$145,000

523 Jennison, Kalamazoo, MI 49006

Two occupied residences offer rental income, tenant-paid utilities, and refreshed finishes in the back unit.

Property SizeContact for details
Days on Market25

Property Features for 523 Jennison

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Forced Air

Building Details

Year Built 1960
Listing Agency: Keller Williams Kalamazoo Market Center
Listed By: Andrew Vergunst
Source: Kw
Added: Sep 12 Changed: Oct 4 Last Checked: Oct 5 at 3:22PM

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 Keller Williams Kalamazoo Market Center

Investment Insights

Based on property information with market context.

Built in 1960, this duplex at 523 Jennison includes two occupied residences with forced-air heating. The back unit features new Grey Pergo hardwood flooring, fresh paint, and newer appliances. The roof was replaced in 2012, and the property includes ample parking with a two-vehicle carport.

One tenant has remained in place since 2011, while tenants are responsible for their utilities. The current occupancy provides an established rental setup for an owner or investor evaluating a two-unit residential income property.

Key Highlights

  • Two occupied residential units
  • Back unit has new Grey Pergo hardwood, fresh paint, and newer appliances
  • Roof replaced in 2012

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Kitchen & Bath Showroom Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 49006, MI

25,119
Population
12,093
Households
2.1
Avg Household Size
27
Median Age
44%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
4,187
Density / Sq Mi
$45,617
Median Household Income
$18,710
Median Earnings
$991
Median Rent
$198,000
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 - Two occupied residences offer rental income, tenant-paid utilities, and refreshed finishes in the back unit.
Where is this duplex located?
The property is located at 523 Jennison Kalamazoo, MI.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two occupied residential units; Back unit has new Grey Pergo hardwood, fresh paint, and newer appliances; Roof replaced in 2012
More about this property
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