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Four-Unit Apartment Building
For Sale
$209,900
Pending

609 Pearl Street, Kalamazoo, MI 49007

MULTI_FAMILY - Kalamazoo, MI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market59

Property Features for 609 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Rm-15
Bedrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2
Parking 1
Basement Full
Lot features Sidewalk
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Pending
APN 06-21-248-002
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 50112 WELCH'S ADDITION, LIBER 1 OF PLATS PAGE 1 AND LIBER 6 OF PLATS PAGE 7 (OFFICIAL COPY); THE SOUTH 45FT OF THE WEST 1/2 OF LOT 352
Tax Annual Amount 2516
Legal Description 50112 WELCH'S ADDITION, LIBER 1 OF PLATS PAGE 1 AND LIBER 6 OF PLATS PAGE 7 (OFFICIAL COPY); THE SOUTH 45FT OF THE WEST 1/2 OF LOT 352

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1891
Number of units 4
Building materials Aluminum Siding, Wood Siding
Roof type Composition
Listing Agency: Lukeman Group LLC
Listed By: Joseph Lukeman · License #6501349281
Added: Jun 24 Changed: Jul 25 Last Checked: Aug 21 at 7:06PM
MLS# 26032892

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 property is a four-unit apartment building with four one-bedroom units. Each unit has its own water heater, and gas is split, meaning the tenant pays for gas use. The owner pays electric, as well as water and trash, which simplifies operating expense budgeting for an investor or long-term owner.

The building is located in the Vine Neighborhood on quiet Pearl Street. Off-street parking is limited to approximately one to two spots, while Pearl Street provides overnight parking.

The unit mix and utility setup make this building a practical fit for buyers seeking small multifamily ownership with individually metered gas service and owner-paid electric plus water and trash. With a history noted as “easy to rent,” it may also appeal to operators looking for a manageable resident count and a straightforward unit configuration centered on one-bedroom demand.

Key Highlights

  • 4‑unit apartment building in the Vine Neighborhood on quiet Pearl Street
  • All units are 1‑bedroom units (4 one‑bedroom units)
  • Separate gas service with tenants paying gas; each unit has its own water heater

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Locksmith Catering Service 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,765
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom units with tenant-paid gas and individual water heaters for straightforward residential income management.
Where is this quadplex located?
The property is located at 609 Pearl Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 4‑unit apartment building in the Vine Neighborhood on quiet Pearl Street; All units are 1‑bedroom units (4 one‑bedroom units); Separate gas service with tenants paying gas; each unit has its own water heater
More about this property
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