Address
127 Elm Street, Kalamazoo, MI
Price
$ 319,900
Property Attributes
- MLS#26047763
- TypeMulti-Family
- Listing Status Active
- CountyKALAMAZOO
- CityKalamazoo
- AreaKalamazoo City
- NeighborhoodKalamazoo City
- Zip49007
- Style2 to 4 Units
- Year Built1868
- Taxes$ 5897
- Price$ 319,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.32 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Located in Kalamazoo's established Stuart Neighborhood, this well maintained triplex offers a proven rental setting near WMU, Kalamazoo College, downtown, bus routes, restaurants and neighborhood shops. The property includes a remodeled main floor unit used as a two or three bed, a two bedroom upper unit, and the other studio efficiency upstairs. Extensive renovations to the main floor unit create the potential for premium rent or an appealing owner occupied option with income from the other two apartments. The efficiency has consistently performed above area averages and the long term tenant in the 2 bed helps contribute to dependable income and low vacancy. Major improvements include three newer furnaces, upgraded electrical service, modernized wiring and plumbing updates. A large lot provides extensive off street parking, while a shared entry driveway and low maintenance exterior helps simplify ownership.
| Price History | |
|---|---|
| 9/9/2026 | Listed $319,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Utilities | Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Construction Materials | Wood Siding |
| Year Built | 1868 |
| Tenant Pays | Gas |
| Township | Kalamazoo City |
| Property Subtype | 2 to 4 Units |
| Tax Year | 2025 |
| Ownership | Private Owned |
| OwnerPays | Trash Collection,Electricity,Sewer |
| County | Kalamazoo |
| New Construction | No |
| Property Type | Multi Family |
| Attached Garage | No |
| Subdivision Name | K09 - Dntown S To Crosstown |
| Status | Active |
| Directions | From corner of Elm and w. Main go north 1/2 block |
| City | Kalamazoo |
| High School District | Kalamazoo |
| Zoning Description | RM-36 |
| Number Of Units Total | 3 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13939.0 |
| Listing Terms | VA Loan,MSHDA,FHA,Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 5897.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 85304 |
| MobileHomeRemainsYN | No |
| Legal Description | 46266 TRASKS ADDITION,LIBER 2 OF PLATS PAGE 26; THE EAST 1/2 OF THE SOUTH 66FT OF THE NORTH 676.5FT OF LOT 24. ALSO LOT 25. |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Laundry Features | In Unit |
Exterior Features
| Parking Features | Aggregate,Driveway |
|---|---|
| Lot Features | Sidewalk |
| Total Parking | 6.0 |
| Lot Size Area | 0.32 |
| Number of Buildings | 2 |
| Spa | No |
| Lot Dimensions | 66' x 208' |
| Lot Size Acres | 0.32 |
| 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 49007
Price
Taxes
Year Built
In The Neighborhood
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- Type
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- Rooms
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- Type
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- Rooms
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$ 975,000
447 W Walnut Street
Kalamazoo, MI 49007
- Type
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- Rooms
- 0 Beds + 0 Baths
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$ 235,000
713 W Kalamazoo Avenue
Kalamazoo, MI 49007
- Type
- Multi-Family
- Rooms
- 0 Beds + 2 Baths
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 26, 2026 4:00 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
