$399,900
830 W Main Street
Kalamazoo, MI, 49006
Located in one of Kalamazoo’s most desirable rental corridors, this fully leased 6-unit investment property sits directly across the street from Kalamazoo College and within walking distance to Downtown Kalamazoo, making it an ideal location for students and young professionals alike. The property features a diverse unit mix consisting of two 2-bedroom apartments, one 1-bedroom unit, and three studio units, providing strong rental demand and diversified income streams. The building is fully occupied and currently generating $4,905 per month in gross rental income, offering investors immediate cash flow from day one. Significant capital improvements have already been completed, including a new boiler installed in 2026, updated electrical systems, and recent paint and flooring updates throughout the property. Additional value-add features include a newly installed coin-operated laundry room, providing a convenient amenity for tenants while generating additional income for ownership. With its prime college location, strong rental history, and recent mechanical and cosmetic updates, this property represents a turn-key investment opportunity in the heart of Kalamazoo’s high-demand rental market.
Property Details
Price:
$399,900
MLS #:
26009235
Status:
Active
Beds:
0
Baths:
0
Address:
830 W Main Street
Type:
Single Family
Subtype:
5+ Units
City:
Kalamazoo
Listed Date:
Mar 11, 2026
State:
MI
ZIP:
49006
Lot Size:
7,013 sqft / 0.16 acres (approx)
Year Built:
1885
Schools
School District:
Kalamazoo
Interior
Heating
Steam
Exterior
Construction Materials
Wood Siding
Parking Features
Unpaved
Parking Spots
8
Roof
Composition
Financial
Tax Year
2026
Taxes
$7,438
Mortgage Calculator
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830 W Main Street
Kalamazoo, MI
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