809-807 W Cedar Street, Kalamazoo, MI 49007
Local realty services provided by:ERA Reardon Realty Great Lakes
809-807 W Cedar Street,Kalamazoo, MI 49007
$499,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jeffrey glover, ryan m prichard
Office: keller williams professionals
MLS#:26020369
Source:MI_MICHRIC
Price summary
- Price:$499,900
About this home
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...
Contact an agent
Home facts
- Year built:1865
- Listing ID #:26020369
- Added:101 day(s) ago
- Updated:August 16, 2026 at 03:05 PM
Rooms and interior
- Basement:Yes
- Basement Description:Michigan Basement
Heating and cooling
- Heating:Baseboard, Forced Air, Hot Water, Radiant
Structure and exterior
- Year built:1865
- Lot area:0.2 Acres
- Construction Materials:Stucco, Wood Siding
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$5,709 (2025)
Parking
- Total parking spaces:8
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