For Sale
743 Academy Street, Kalamazoo, MI 49007
$249,900
MLS # 26008755 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 18870.12 acres
1 / 38
Listing Description
Vine Neighborhood Duplex in prime Downtown Kalamazoo location. Walking distance to Kalamazoo College, Downtown Kalamazoo and upcoming Arena. Large historic duplex with unit 1 featuring 3 bedrooms, 1 bathroom with rent at $1400. Unit 2 is a 4 bedroom, 2 bathroom - Recently leased at $1,400. Property has split gas and electric with landlord paying water/sewer, trash, and lawn/snow. Washer and dryer in basement for both units to access. Property is City Rental Certified through April 30, 2027. Building had a full exterior paint in 2023. Remodeled kitchen in unit #1. Remodeled Bathroom in unit #2.
Source: SparkMLS
About this home
Listed at $249,900.
Property tax estimate: $7,383 per year ($615/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 Size0.12 acres
Year Built1887
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49007
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionWood Siding
BasementFull
HeatingForced Air
UtilitiesNatural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed3/8/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,383
Tax Year2025
Assessed Value$106,800
Parcel #06-16-485-005
Source: SparkMLS
Legal Description
37088 PLAT NO 2 OR REVISED PLAT SEC 16-2-11, LIBER 1 OF PLATS PAGE 7; THE WEST 38FT OF THE NORTH 8 RODS OF LOT G.
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Lukeman
Lukeman Group LLC
Frequently Asked Questions about 743 Academy Street, Kalamazoo, MI 49007
Which school district serves 743 Academy Street, Kalamazoo, MI 49007?
Per MLS# 26008755, 743 Academy Street, Kalamazoo, MI 49007 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.
Can I use FHA or VA financing for this property?
Per MLS# 26008755, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 743 Academy Street, Kalamazoo, MI 49007?
Per public tax records, annual property taxes for this property are $7,383 (2025). 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, 743 Academy 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.
Is 743 Academy Street, Kalamazoo, MI 49007 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 743 Academy Street, Kalamazoo, MI 49007?
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.
Map
Mortgage Calculator
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Monthly payment$1,621
Principal & interest$1,621
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
743 Academy Street, Kalamazoo, MI 49007
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Municipality
Kalamazoo
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