Address
840 Village Street, Kalamazoo, MI
Price
$ 59,900
Property Attributes
  • MLS#26048719
  • TypeMulti-Family
  • Listing Status Active
  • CountyKALAMAZOO
  • CityKalamazoo
  • AreaKalamazoo City
  • NeighborhoodKalamazoo City
  • Zip49008
  • Style5+ Units
  • Year Built1895
  • Taxes$ 1986
  • Price$ 59,900
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size0.18 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Rare opportunity to restore and reposition a historic 5-unit property located near Western Michigan University. FLOOR PLANS COMING SOON! This property offers excellent potential for an investor, developer, or experienced rehabber looking for a renovation project in a desirable rental market. Not interested in a rentals? This property could be restored into a gorgeous single-family home! The building retains historic character and features a NEWER ROOF (6 years old), providing an important head start on the renovation process. The property is currently in need of extensive repairs and renovation, making this an ideal opportunity for someone prepared to bring the property back to its full potential. With its proximity to Western Michigan University, the property could offer strong long-term rental potential following a successful renovation. The existing five-unit layout provides a foundation for a multi-family investment strategy, subject to buyer verification of zoning, unit configuration, occupancy requirements, and all applicable municipal approvals. Property is being SOLD AS IS, with ALL items/personal property the seller leaves. You may find some items of value! Buyers should conduct their own inspections and verify zoning, unit count, rental requirements, utilities, and renovation/occupancy requirements with the appropriate municipal authorities. Bring your vision and renovation expertise to this unique property and unlock its potential!

Price History
9/13/2026 Listed $59,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected
Possession Negotiable
Roof Composition
Construction Materials Wood Siding
Year Built 1895
Tenant Pays None
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2025
OwnerPays None
County Kalamazoo
New Construction No
Property Type Multi Family
Attached Garage No
Status Active
Directions Grant to Village St.
City Kalamazoo
High School District Kalamazoo
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 7841.0
Listing Terms Cash
Land Lease Y/N No
Tax Annual Amount 1986.9
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 38186
MobileHomeRemainsYN No
Legal Description 33888 POTTS ADDITION N 62.25 FT OF LOT 21 TROWBRIDGES ADDITION E 4 R OF LOTS 11-12 EXC S 38 FT OF LOT 12 & EXC N 2 R OF LOT 11
Senior Community None

Interior Features

Basement Michigan Basement
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 5

Exterior Features

Parking Features Unpaved
Lot Features Level
Total Parking 5.0
Lot Size Area 0.18
Number of Buildings 1
Spa No
Lot Dimensions 130X60
Lot Size Acres 0.18
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49008

Price
AVG $170K
$60K
Taxes
AVG $4,280
$1,986
Year Built
AVG 1900
1895