114 E Thomas Street Parchment, MI $ 500,000
114 E Thomas Street
$ 500,000
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114 E Thomas Street

Parchment, MI, 49004
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,119

114 E Thomas Street, Parchment, MI 49004 - Image 1
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114 E Thomas Street, Parchment, MI 49004 - Image 4
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114 E Thomas Street, Parchment, MI 49004 - Image 9
114 E Thomas Street, Parchment, MI 49004 - Image 10
Studio

Multi-Family Home for sale in Parchment, MI

for $500,000. This home was built in 1960 on a lot size of 0.3.

Solid brick 8-unit apartment building, fully occupied with on-site management. Each unit features 1 bed, 1 bath, private storage, and outdoor parking. Coin laundry for tenant convenience. Strong rental history and low-maintenance design make this a solid, income-producing investment opportunity. Owner financing may be considered for qualified buyers.

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Multi-Family Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,422

Style

5+ Units

Lot Size

0.3

Year Built

1960

Town/City

Parchment

County/Region

Kalamazoo

MLS | Web ID

25053684

Features
General
Heating Baseboard
Cooling None
Utilities Electricity Available Electricity Connected
Roof Composition
Construction Materials Brick
Year Built 1960
Tenant Pays Gas
Township Parchment City
Property Subtype 5+ Units
Tax Year 2025
County Kalamazoo
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions E. Michigan Ave to N Riverview DR. to E Thomas - on right.
City Parchment
High School District Parchment
Number Of Units Total 8
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 13068.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 5422.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 107318
Legal Description ELMHURST PARK LOT 104
Senior Community None
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Interior
Basement Walk-Out Access
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Total Parking 8.0
Lot Size Area 0.3
Number of Buildings 1
Spa N
Lot Dimensions 131 x 96 x 132 x 60
Lot Size Acres 0.3
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Berkshire Hathaway Homeservices Mi

Broker

susanhernandezrealtor@gmail.com

Email

Affordability Calculator

$3,571
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
$452
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249871 Elementary School
250197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$500,000 Listed Price

Map


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114 E Thomas Street, Parchment, MI, 49004 is a Multi-Family Home for sale at $500,000 with a lot size of 0.3. 114 E Thomas Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 49004 which is in Parchment, MI