Expired
524 Forest Street, Kalamazoo, MI 49008
$94,900
MLS # 26026146 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19140.2 acres
1 / 15
Listing Description
Great investment opportunity near Western Michigan University and downtown Kalamazoo! This spacious duplex features two units, each offering 3 bedrooms, making it ideal for rental income, student housing, or a renovation project. The property is ready for your vision, with both kitchens and bathrooms already demoed and prepared for rehab. Located within a Neighborhood Enterprise Zone (NEZ), offering potential property tax incentives for residential redevelopment and rehabilitation. With strong upside potential and a prime location, this property offers an excellent chance to build equity and add value. Property is being sold as-is.
Source: SparkMLS
About this home
Currently offered at $94,900.
Annual property taxes run approximately $4,171 ($348/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.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.2 acres
Year Built1914
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49008
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionWood Siding
BasementFull
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected, Storm Sewer
Sale & Financing
Listed5/31/2026
Original Price$99,900
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$4,171
Tax Year2026
Assessed Value$108,200
Parcel #06-21-443-039
Source: SparkMLS
Legal Description
37474 SEELYS ADDITION LOT 39.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Matt Mulder
eXp Realty LLC
Frequently Asked Questions about 524 Forest Street, Kalamazoo, MI 49008
Which school district serves 524 Forest Street, Kalamazoo, MI 49008?
Per MLS# 26026146, 524 Forest Street, Kalamazoo, MI 49008 is in the Kalamazoo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Kalamazoo directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26026146, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 524 Forest Street, Kalamazoo, MI 49008?
Per public tax records, annual property taxes for this property are $4,171 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 524 Forest Street, Kalamazoo, MI 49008 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 524 Forest Street, Kalamazoo, MI 49008 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 524 Forest Street, Kalamazoo, MI 49008?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Kalamazoo City police department or the Kalamazoo County sheriff's office.
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Monthly payment$616
Principal & interest$616
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
524 Forest Street, Kalamazoo, MI 49008
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Municipality
Kalamazoo
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