3116 N Whittier Drive, Kalamazoo, MI 49001 (MLS# 26029550)

3116 N Whittier Drive, Kalamazoo, MI 49001

$199,888

Property Type: Multi Family Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $199,888 List Date: 6/15/2026 Last Modified: 7/16/2026

Overview

Description

Turnkey 3-unit investment property in the desirable Milwood neighborhood of Kalamazoo. All three units have been fully renovated within the last 4 years with updated kitchens, bathrooms, and finishes throughout. Rents have been significantly increased from prior ownership, growing from a combined $2,010 per month to $2,589 per month gross, representing 29% rent growth with $31,068 in annual gross income. The value-add work still to be done would be splitting utilities and further increasing rents. Each unit is one bedroom and one bath. Owner pays water, gas/electric, trash, landscaping, and snow removal. Plenty of parking is available with one assigned space per unit. Current rents are Unit 1 at $849, Unit 2 at $900, and Unit 3 at $840. All units are occupied with leases in place. This is a stabilised, income-producing asset in a desirable area with modern interiors and strong rent history. Ideal for those looking for immediate cash flow. Gas/Electric = $407/mo Water/sewer $75/mo.

Listing Details MLS# 26029550

Location Property Info

County: Kalamazoo
Street #: 3116
Street Direction: N
Street Name: Whittier
Suffix: Drive
State: MI
Zip Code: 49001

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 50*120
Year Built: 1912
New Construction: No
Financial Available: Yes
Financial Comments: Check MLS, please text or call for more info
Road Frontage: 50
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 6
Waterfront: No
School District: Kalamazoo
Basement: Yes

Tax Info

Tax ID #: 06-26-474
Taxable Value: 75377
SEV: 88400
For Tax Year: 2025
Seller's Annual Property Tax: 5074
Tax Year: 2025
Spec Assessment & Ty: NA
Homestead %: 0

Remarks Misc

Directions: Take E Cork Street East from Portage Rd

Access Feat

Accessibility Features: No

More Information

Income and Expenses

Annual Utilities: 5784
Gross Op. Inc.: 31068

Unit 1

Unit #: Yes
Unit Description: Yes
Occupied: Yes
Monthly Rent: 849
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: 2
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: 3
Monthly Rent: 840
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: Sheridan Dr and E Cork Street
Property Sub-Type: 2 to 4 Units
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Turnkey 3-unit investment property in the desirable Milwood neighborhood of Kalamazoo. All three units have been fully renovated within the last 4 years with updated kitchens, bathrooms, and finishes throughout. Rents have been significantly increased from prior ownership, growing from a combined $2,010 per month to $2,589 per month gross, representing 29% rent growth with $31,068 in annual gross income. The value-add work still to be done would be splitting utilities and further increasing rents. Each unit is one bedroom and one bath. Owner pays water, gas/electric, trash, landscaping, and snow removal. Plenty of parking is available with one assigned space per unit. Current rents are Unit 1 at $849, Unit 2 at $900, and Unit 3 at $840. All units are occupied with leases in place. This is a stabilised, income-producing asset in a desirable area with modern interiors and strong rent history. Ideal for those looking for immediate cash flow. Gas/Electric = $407/mo Water/sewer $75/mo.
Legal: PORTAGE PARK LOT 10 BLK D

Util Avail at Street

Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
MSHDA: Yes
Tax Def Exchange: Yes
VA Loan: Yes

Exterior Material

Vinyl Siding: Yes
Wood Siding: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Trash: Yes

Substructure

Full: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Vinyl Siding; Wood Siding Substructure: Full Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water Owner Pays: Electricity; Gas; Sewer; Water Tenant Pays: Trash Heat Source: Natural Gas Heat Type: Forced Air Terms Available: Cash; Conventional; FHA; MSHDA; Tax Def Exchange; VA Loan Possession: Close Of Escrow Sale Conditions: None

Listing Office: Coldwell Banker Realty

Listing Agent: Will Howson

Last Updated: July - 16 - 2026

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