830 W Main Street, Kalamazoo, MI 49006
- $395,000
- Sold Price
- $395,000
- List Price
- $399,900
- Closing Date
- May 21, 2026
- Days on Market
- 14
- MLS#
- 26009235
- Status
- SOLD
- Type
- Multifamily
Property Description
Located in one of Kalamazoo's most desirable rental corridors, this fully leased 6-unit investment property sits directly across the street from Kalamazoo College and within walking distance to Downtown Kalamazoo, making it an ideal location for students and young professionals alike. The property features a diverse unit mix consisting of two 2-bedroom apartments, one 1-bedroom unit, and three studio units, providing strong rental demand and diversified income streams. The building is fully occupied and currently generating $4,905 per month in gross rental income, offering investors immediate cash flow from day one. Significant capital improvements have already been completed, including a new boiler installed in 2026, updated electrical systems, and recent paint and flooring updates throughout the property. Additional value-add features include a newly installed coin-operated laundry room, providing a convenient amenity for tenants while generating additional income for ownership. With its prime college location, strong rental history, and recent mechanical and cosmetic updates, this property represents a turn-key investment opportunity in the heart of Kalamazoo's high-demand rental market.
Additional Information
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Taxes
- $7,438
- Accessibility Features
- 36' or + Hallway
- Acres
- 0.16
- Basement
- Full
- Heating
- Steam
- Roofing
- Composition
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- None
- Total Parking Spaces
- 8
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Adam Atwood from Listing Office: Five Star Real Estate.
Selling Agent: Selling Office: .
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