Kalamazoo Multifamily Value-Add
809-807 W Cedar Street, Kalamazoo, MI 49007
- Added:
- May 6, 2026
- Days on Market:
- 17
- Last Refresh:
- May 22 at 6:06 pm
Property Features for 809-807 W Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 7, Basement, Bedroom 6, Laundry Room, Bathroom 1, Bedroom 3, Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1
- Parking
- 8
- Parking features
- Driveway
- Basement
- Full
- Standard status
- Active
- APN
- 06-21-235-434
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 50428 WELCHS ADDITION LOT 434.
- Tax Annual Amount
- 5709
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1865
- Number of units
- 7
- Building materials
- Stucco, Wood Siding
- Roof type
- Composition
Listing agent Jeffrey Glover (616) 594-1000
Listing office Keller Williams Professionals 789 W Ann Arbor Trail, Kentwood, MI (734) 459-4700
Listing date May 6, 2026
MLS# 26020369
Listing URL
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HighLights
- Value‑add opportunity with strong upside potential through lease‑up and operational improvements.
- Flexible purchase options including land contract terms and open to DSCR financing.
- Prime location near Western Michigan University, Kalamazoo College, downtown, and major amenities, ensuring consistent rental demand.
- Seller offering structured income support credit for vacant units at closing.
- Two buildings (4‑unit and 3‑unit) on one parcel, offering flexibility for various ownership strategies.
- Ideal for owner‑occupants looking to live in one unit while stabilizing the remaining units.
Overview
This 7-unit property in Kalamazoo presents a value-add opportunity with potential for increased income through lease-up and operational improvements. The property consists of two buildings, a 4-unit and a 3-unit, situated on one parcel. Several units have been updated, while others offer opportunities for further improvements and repositioning. The location near Western Michigan University, Kalamazoo College, downtown, and other amenities contributes to consistent rental demand and long-term growth potential. Flexible purchase options are available, including land contract terms, and the seller is open to DSCR financing buyers. The property is suitable for owner-occupants looking to live in one unit while stabilizing the others. To support lease-up, the seller is offering a structured income support credit for any vacant units at the time of closing. Off-street parking, functional unit layouts, and a location with strong rental demand enhance the property's appeal. The property is city-certified and sits on a 0.2-acre lot. The seller is a licensed real estate agent in the State of Michigan.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.593924
- Latitude
- 42.287207
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit property with upside potential near universities and downtown.
Where is this apartment building located?
The property is located at 809-807 W Cedar Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Value‑add opportunity with strong upside potential through lease‑up and operational improvements.; Flexible purchase options including land contract terms and open to DSCR financing.; Prime location near Western Michigan University, Kalamazoo College, downtown, and major amenities, ensuring consistent rental demand.
