MLS # 25060456 (Michigan Regional Information Center (MichRIC))

Don't miss this opportunity to acquire an 8-unit apartment building a stone's throw from Western Michigan University, Kalamazoo Collage and walking distance to Academy and Henderson Park. This property boasts numerous updates, including newly renovated hallways and common areas, renovated units, new boiler and much more. There is coin-operated laundry in each building. Value add potential through a utility bill back program to recover some utility costs and increase rents to market rates. Whether you're a new investor building your rental portfolio or a seasoned investor, this property would make a good addition to your portfolio.
Source: SparkMLS
Closed at $700,000.
Annual property taxes run approximately $8,840 ($737/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
3781620 3906 17 436 412 PROSPECT PARK LOTS 169, 170 & 171
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Shawn Jacobs
MOXIE Real Estate + Development
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
5 Gbps
Upload
5 Gbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
130 S Clarendon Street, Kalamazoo, MI 49006
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Municipality
Kalamazoo Township
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