For Sale
755 Portage Street, Kalamazoo, MI 49001
$309,000
MLS # 26023682 (Michigan Regional Information Center (MichRIC))
3 bathsBuilt 19540.1 acres
1 / 41
Listing Description
Turnkey 3-unit investment opportunity with additional development potential! This 4,800 sq ft property features strong rental income, off-street parking, and two additional lots included in the sale. The property includes an 800 sq ft front apartment, a 2,000 sq ft rear unit, and an additional income-producing unit. Updates include a new HVAC system, new water heater, and 3-inch spray foam insulation for improved efficiency. The upstairs unit has a rental potential of $1,775/month, while the smaller unit is currently rented at $875/month. The seller currently pays water, sewer, and garbage. Electric and gas are separately metered for the downstairs unit, with separate water metering as well. Great opportunity for investors seeking cash flow and long-term upside.
Source: SparkMLS
About this home
Located in Kalamazoo in Kalamazoo, this property offers 3-bath, with original construction dating to 1954.
Asking $309,000.
Annual property taxes run approximately $2,821 ($235/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 TypeCommercial Sale
Property SubtypeRetail
Bathrooms3
Lot Size0.1 acres
Year Built1954
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49001
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
InteriorBroadband
Sale & Financing
Listed5/19/2026
Original Price$317,000
Terms AcceptedConventional, Land Contract, Cash
Source: SparkMLS
Tax Information
Annual Tax$2,821
Tax Year2025
Assessed Value$41,913
Parcel #06-22-276-022
Source: SparkMLS
Legal Description
Lot 22 of Millard addition
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Darryl A Matthews Jr
Keller Williams GR East
Frequently Asked Questions about 755 Portage Street, Kalamazoo, MI 49001
What school district is 755 Portage Street, Kalamazoo, MI 49001 in?
Per MLS# 26023682, this property is served by Kalamazoo. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26023682, the seller has indicated this property accepts the following financing types: Conventional, Land Contract, Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26023682, the most recent reported annual property tax for 755 Portage Street, Kalamazoo, MI 49001 is $2,821 (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.
Is 755 Portage Street, Kalamazoo, MI 49001 eligible for USDA financing?
Per USDA Rural Development boundary data, 755 Portage Street, Kalamazoo, MI 49001 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, 755 Portage Street, Kalamazoo, MI 49001 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. 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.
Map
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Monthly payment$2,004
Principal & interest$2,004
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
755 Portage Street, Kalamazoo, MI 49001
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Municipality
Kalamazoo
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