Kalamazoo Multifamily Value-Add
809-807 W Cedar Street Kalamazoo, MI 49007
809-807 W Cedar Street, Kalamazoo, MI, 49007
$499,900
For Sale
$499,900
MULTI_FAMILY - Kalamazoo, MI
Lot Size0.20 Acres
Days on Market76
Property Features for 809-807 W Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 8, Basement, Bathroom 4, Bathroom 5, Bathroom 7, Laundry Room, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 6, Bathroom 1, Bedroom 2, Bedroom 4
- 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 Agency
Keller Williams Professionals
(734) 459-4700
789 W Ann Arbor Trail, Kentwood, MI
Listed by
Jeffrey Glover · License #6502408794
(616) 594-1000
Added: May 6 Checked: Jul 19 at 11:06 pm
MLS# 26020369
Listing URL
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- Two‑building, 7‑unit multifamily on one parcel (4‑unit building plus 3‑unit building)
- Year built 1865 with stucco and wood siding exterior and a composition roof
- Forced‑air heating with window unit(s) cooling; public sewer and cable available
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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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: Two‑building, 7‑unit multifamily on one parcel (4‑unit building plus 3‑unit building); Year built 1865 with stucco and wood siding exterior and a composition roof; Forced‑air heating with window unit(s) cooling; public sewer and cable available
