Listing provided courtesy of Keller Williams Professionals- MLS# 26020369MLS ProviderSource MLS Verified

809-807 W Cedar StreetKalamazoo, MI 49007

Multi-Family · 0.20 Acres
$499,900 Active

809-807 W Cedar Street Overview

Time on Site:
54 days
Visits:
0

7-unit value-add opportunity in the heart of Kalamazoo with multiple paths to ownership and strong upside potential. This property includes two buildings (4-unit and 3-unit) on one parcel, offering flexibility for owner-occupants, investors, or those looking to grow their portfolio. The property presents a clear opportunity to increase income through lease-up and operational improvements. Several units have been updated while others provide a path for continued improvements and repositioning. Located near Western Michigan University, Kalamazoo College, downtown, and major amenities, the property benefits from consistent rental demand and long-term growth potential. Seller is offering flexible purchase options including land contract terms and is open to DSCR financing buyers. Ideal for owner-occupants looking to live in one unit while stabilizing the remaining units. To support lease-up, seller is offering a structured income support credit for any vacant units at the time of closing, providing added confidence during the transition period. Off-street parking, functional unit layouts, and a location that continues to see strong rental demand make this a compelling opportunity for buyers ready to execute. Property is city-certified. Rent roll and financials available upon request. Seller is a licensed real estate agent in the State of Michigan

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809-807 W Cedar Street Facts & Features

  • Type Multi-Family
  • Lot 0.20 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1865

Location/Region

  • County Or Parish: Kalamazoo

Rent/Lease Information

  • Tenant Pays: None,Electric,Gas

Tax Information

  • Tax Annual Amount: 5709.0

General Information

  • Parcel Number: 06-21-235-434
  • Property Sub Type: 5+ Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: Common Area,In Basement,Laundry Room

Exterior

Parking Information

  • Parking Features: Asphalt,Driveway

Lot Information

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 66x132
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Stucco,Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 7
  • Sewer: Public Sewer
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected

809-807 W Cedar Street Neighborhood

Community

49007 (Kalamazoo) Demographics

27
Median Age
3,006
Population Density (per sq. mile)
28%
College Educated
$34,033
Estimated Median Income
1,189
Estimated Total Home Owners
3,080
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

809-807 W Cedar Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

809-807 W Cedar Street Market Data

Based on the last 30 days in this zip code

$173,054
Average List Price
$120
Average Price per Square Foot
10
Properties Sold
98
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network