Address
314 W Vine Street, Kalamazoo, MI
Price
$ 365,000
Property Attributes
  • MLS#26043312
  • TypeMulti-Family
  • Listing Status Active
  • CountyKALAMAZOO
  • CityKalamazoo
  • AreaKalamazoo City
  • NeighborhoodKalamazoo City
  • Zip49001
  • Style5+ Units
  • Year Built1905
  • Taxes$ 7572
  • Price$ 365,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.1 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Turnkey investment opportunity in a prime Kalamazoo location! This fully leased income property generates $4,845 per month in gross rental income and is ideally situated within walking distance of Bronson Hospital, downtown Kalamazoo, WMU, and WMed. Offering strong tenant demand and excellent long-term investment potential, the property is City Certified through January 30, 2028 for added peace of mind. Whether you're expanding your portfolio or completing a 1031 exchange, this well-maintained, cash-flowing property is one you won't want to miss.

Price History
8/18/2026 Listed $379,900
9/17/2026 4$365,000

General Features

Sewer Public Sewer
Heating Steam
Utilities Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Wood Siding
Year Built 1905
Tenant Pays Electric,Gas
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2025
Ownership Private Owned
Gross Income 58140.0
OwnerPays Trash Collection,Sewer,Gas
County Kalamazoo
New Construction No
Property Type Multi Family
Attached Garage No
Status Active
Directions S Park to Vine,East to Property
City Kalamazoo
High School District Kalamazoo
Zoning Description RM-36
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 4356.0
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 7572.39
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 112183
MobileHomeRemainsYN No
Legal Description 40126 SILLS ADDITION,LIBER K OF DEEDS PAGE 438; THE EAST 60 FEET OF THE NORTH 53 FEET OF THE WEST 1/2 OF LOT 21. THE EAST 60 FEET OF THE SOUTH 1 ROD OF THE WEST 1/2 OF LOT 20.
Senior Community None

Interior Features

Basement Full
Basement (Y/N) Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Parking Features Paved
Lot Features Sidewalk
Total Parking 3.0
Lot Size Area 0.1
Number of Buildings 1
Spa No
Lot Dimensions 60x70.62
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49001

Price
AVG $530K
$370K
Taxes
AVG $9,645
$7,572
Year Built
AVG 1923
1905