Pending
709 W Lovell Street, Kalamazoo, MI 49007
$299,900
MLS # 26009489 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 18840.2 acres
1 / 54
Listing Description
Prime investment opportunity in the highly desirable Vine Neighborhood of Kalamazoo! This well-maintained 3-unit multi-family property offers a strong rental history and currently grosses $3,450 per month, making it an excellent addition to any investor's portfolio. The property features an ideal unit mix including one 1-bedroom/1-bath unit, one 2-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, appealing to a wide range of tenants. Each unit has been well updated and maintained, providing comfortable living spaces while minimizing immediate capital expenditures. Located in a prime Vine Neighborhood location, the property is just minutes from downtown Kalamazoo, with easy access to restaurants, shops, and entertainment. It is also walkable to Western Michigan University and Kalamazoo College, making it highly attractive for student and young professional renters alike. With its strong rental income, desirable location, and updated units, this property presents a rare
Source: SparkMLS
About this home
Asking $299,900.
Property tax estimate: $6,835 per year ($570/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 Built1884
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49007
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionWood Siding
BasementDaylight, Full
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed3/11/2026
Terms AcceptedVA Loan, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,835
Tax Year2026
Assessed Value$101,533
Parcel #39000621226389
Source: SparkMLS
Legal Description
50234 WELCHS ADDITION LOT 389.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Adam Atwood
Five Star Real Estate
Frequently Asked Questions about 709 W Lovell Street, Kalamazoo, MI 49007
What school district is 709 W Lovell Street, Kalamazoo, MI 49007 in?
Per MLS# 26009489, this property is served by Kalamazoo. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 709 W Lovell Street, Kalamazoo, MI 49007?
Per MLS# 26009489, the seller has indicated this property accepts the following financing types: VA Loan, Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26009489, the most recent reported annual property tax for 709 W Lovell Street, Kalamazoo, MI 49007 is $6,835 (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.
Is 709 W Lovell Street, Kalamazoo, MI 49007 eligible for USDA financing?
Per USDA Rural Development boundary data, 709 W Lovell Street, Kalamazoo, MI 49007 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 709 W Lovell Street, Kalamazoo, MI 49007 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public Sewer. Confirm service details directly with providers.
How safe is 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$1,945
Principal & interest$1,945
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
709 W Lovell Street, Kalamazoo, MI 49007
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Municipality
Kalamazoo
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