809-807 W Cedar Street, Kalamazoo, MI 49007 (MLS# 26020369)

809-807 W Cedar Street, Kalamazoo, MI 49007

$499,900

Property Type: Multi Family Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $499,900 List Date: 5/06/2026 Last Modified: 6/19/2026

Overview

Description

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.

Supplements: 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. Prope ... (Read more)

Listing Details MLS# 26020369

Location Property Info

County: Kalamazoo
Street #: 809-807
Street Direction: W
Street Name: Cedar
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 6009

General Property Info

Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Lot Dimensions: 66x132
Year Built: 1865
New Construction: No
Cert of Compliance: Yes
Road Frontage: 66
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 2
Total Parking Spaces: 8
Waterfront: No
School District: Kalamazoo
Basement: Yes

Tax Info

Tax ID #: 06-21-235-434
Taxable Value: 84812
SEV: 207200
For Tax Year: 2025
Seller's Annual Property Tax: 5709
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: Residential
Homestead %: 0

Remarks Misc

Directions: Stadium to Lovell, East on Lovell to Davis, South on Davis to Cedar, East on Cedar to address.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Terms Available

Land Contract Down Payment: 160000
Land Contract Interest Rate: 7%+
Land Contract Monthly Payment: 3800
Assumable: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
Land Contract: Yes
Lease Purchase: Yes
VA Loan: Yes
Other: Yes

Income and Expenses

Annual Insurance: 5811.72
Annual Maintenance: 3300
Annual Mgmt. Fees: 5604.9
Annual Utilities: 9900
Gross Op. Inc.: 65940

Unit 1

Unit #: Yes
Unit Description: #1
SqFt: 700
Occupied: Yes
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: #2
SqFt: 600
Occupied: No
Monthly Rent: 795
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 3

Unit #: 3
Unit Description: #3
SqFt: 600
Occupied: Yes
Monthly Rent: 755
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 4

Unit #: 4
Unit Description: #4
SqFt: 600
Occupied: No
Monthly Rent: 795
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 5

Unit #: 5
Unit Description: #5 Long-term Tenant
SqFt: 500
Occupied: Yes
Monthly Rent: 725
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 6

Unit #: 6
Unit Description: #6
SqFt: 650
Occupied: Yes
Monthly Rent: 775
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 7

Unit #: 7
Unit Description: #7 Long-term tenant
SqFt: 750
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Monthly Rent: 825
Refrigerator: Yes
Range/Oven: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Stadium Dr & Lovell St
Property Sub-Type: 5+ Units
Municipality: Kalamazoo City
Ownership Type: Broker/Agent Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: 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.
Legal: 50428 WELCHS ADDITION LOT 434.

Street Type

Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Laundry Features

Common Area: Yes
In Basement: Yes
Laundry Room: Yes

Exterior Material

Stucco: Yes
Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Window Unit(s): Yes
None: Yes

Tenant Pays

Electric: Yes
Gas: Yes
None: Yes

Driveway

Asphalt: Yes

Substructure

Full: Yes
Michigan Basement: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Common Area; In Basement; Laundry Room Exterior Material: Stucco; Wood Siding Roofing: Composition Substructure: Full; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Public Sewer; Public Water Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: Electric; Gas; None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s); None Driveway: Asphalt Street Type: Public Terms Available: Assumable; Cash; Conventional; FHA; Land Contract; Lease Purchase; VA Loan; Other Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator; Washer/Dryer Unit 3: Range/Oven; Refrigerator; Washer/Dryer Unit 4: Range/Oven; Refrigerator Unit 5: Range/Oven; Refrigerator; Washer/Dryer Unit 6: Range/Oven; Refrigerator Unit 7: Refrigerator; Range/Oven; Washer/Dryer

Listing Office: Keller Williams Professionals

Listing Agent: Jeffrey Glover

Last Updated: June - 19 - 2026

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