521 Pearl Street Kalamazoo, MI ^$ 475,000

521 Pearl Street

^$ 475,000

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Recently Listed

521 Pearl Street

Kalamazoo, MI, 49007

^$ 475,000

Studio Baths0.0

Monthly Estimate*

^$ 2,925

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $475,000. This home was built in 1924 on a lot size of 0.25.

This well-maintained 8-unit apartment building presents a solid opportunity for both seasoned investors and those looking to expand their portfolio. The property offers consistent rental income with a current gross monthly rent of $6,350. Tenants benefit from on-site laundry facilities located in the basement, enhancing convenience and retention. The rear parking lot provides ample off-street parking, a highly desirable feature that supports tenant satisfaction and occupancy stability.

Multi-Family Active

Price

^$ 475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 9,399

Style

5+ Units

Lot Size

0.25

Year Built

1924

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

26013773

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Phone Available Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected Storm Sewer

Roof Composition

Construction Materials Brick Wood Siding

Year Built 1924

Tenant Pays None

Township Kalamazoo City

Property Subtype 5+ Units

Tax Year 2026

County Kalamazoo

New Construction N

Property Type Multi Family

Attached Garage N

Status Active

City Kalamazoo

High School District Kalamazoo

Zoning Description R

Number Of Units Total 8

Lot Size Units Acres

Lot Size Square Feet 10890.0

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 9399.72

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 139639

Legal Description 50072 WELCHS ADDITION LOT 339

Senior Community None

Interior

Basement Full

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Laundry Features In Basement Laundry Room

Total Baths 0

Exterior

Parking Features Unpaved

Total Parking 12.0

Lot Size Area 0.25

Number of Buildings 1

Spa N

Lot Dimensions 66 x 165

Lot Size Acres 0.25

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 521

* Excluded Features

List By

Five Star Real Estate

Broker

atwoodproperties@gmail.com

Affordability Calculator

$3,708

Per Month

Monthly Principal & Interest: $2,925
Monthly Property Taxes: $783
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$322,609

Percent of Sale Price 32%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251492 Elementary School

248593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2026	$475,000		Listed Price

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521 Pearl Street, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $475,000 with a lot size of 0.25. 521 Pearl Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 49007 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/15/2026.

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521 Pearl Street

Multi-Family Home for sale in Kalamazoo, MI

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