127 Elm Street
Kalamazoo, MI 49007

More
Photos »

Tools & Resources:

Description

Well maintained triplex in the highly desirable Stuart Neighborhood, known for its strong rental demand and close proximity to WMU, K-College, downtown Kalamazoo, bus lines, restaurants, and neighborhood shops. This property sits on a large lot with a shared drive, extensive private parking, and garage space, all supported by a low-maintenance exterior. Significant updates include three new furnaces, upgraded electrical, modernized wiring, and plumbing improvements for long-term reliability. The main-floor unit has been extensively remodeled to command top market rents or provide an ideal owner-occupied option for an investor looking to offset living expenses. The upper one-bed efficiency continues to outperform area averages, contributing to the property's consistent income, low vacancy, and overall stability. A great opportunity in a proven rental location. Schedule your showing today!

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Kalamazoo County
• Zip Code: 49007
• Year Built: 1868
• Subdivision/Neighborhood: K09 - Dntown S To Crosstown
• School District: Kalamazoo
• Units: 3 units
• Basement: Full, Yes, Yes
• # of Parking Spaces: 6
• Lot Size: 13939 sq ft lot
• Construction Materials: Wood Siding
• Cross Street: West Main & Elm Crossove
• Directions: From corner of Elm and w. Main go north 1/2 block
• Driveway: Aggregate
• Extras: Carports, Sep Gas Meter
• Financial Available: No
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Laundry Features: In Unit
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.32
• Lot Size Square Feet: 13939
• Lot Size Units: Acres
• MLS Area Major: Greater Kalamazoo - K
• MLS Area Minor: Greater Kalamazoo - K
• Main Type: Multi Family
• Number Of Buildings: 2
• Number Of Diff Unit Floor Plans: 3
• Owner Pays: Electricity, Sewer, Trash Collection
• Ownership: Private Owned
• Parcel Number: 06-16-454-025
• Parking Features: Aggregate
• Possession: Subject To Tenant Rights
• Road Frontage: 66
• Road Surface Type: Paved
• Roof: Composition
• SEV: 93800
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 5726
• Tax Legal Description: 46266 TRASKS ADDITION, LIBER 2 OF PLATS PAGE 26; THE EAST 1/2 OF THE SOUTH 66FT OF THE NORTH 676.5FT OF LOT 24. ALSO LOT 25.
• Tax Year: 2024
• Tenant Pays: Gas
• Terms Available: Cash, Conventional, FHA, MSHDA, VA Loan
• Township: Kalamazoo City
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Phone Available
• Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
• Water Source: Public Water
• Zoning Description: RM-36