314 W Vine Street, Kalamazoo, MI 49001 (MLS# 26043312)

314 W Vine Street, Kalamazoo, MI 49001

$365,000

Property Type: Multi Family Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $365,000 List Date: 8/18/2026 Last Modified: 9/17/2026

Overview

Description

Turnkey investment opportunity in a prime Kalamazoo location! This fully leased income property generates $4,845 per month in gross rental income and is ideally situated within walking distance of Bronson Hospital, downtown Kalamazoo, WMU, and WMed. Offering strong tenant demand and excellent long-term investment potential, the property is City Certified through January 30, 2028 for added peace of mind. Whether you're expanding your portfolio or completing a 1031 exchange, this well-maintained, cash-flowing property is one you won't want to miss.

Listing Details MLS# 26043312

Location Property Info

County: Kalamazoo
Street #: 314
Street Direction: W
Street Name: Vine
Suffix: Street
State: MI
Zip Code: 49001
Zip (4): 2698

General Property Info

Lot Measurement: Acres
Lot Square Footage: 4356
Lot Acres: 0.1
Lot Dimensions: 60x70.62
Year Built: 1905
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2028-01-30
Road Frontage: 60
Total # Units: 6
# of Diff Unit Floor Plans: 6
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 3128
Total Parking Spaces: 3
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 06-22-157-004
Taxable Value: 112183
SEV: 134700
For Tax Year: 2025
Seller's Annual Property Tax: 7572.39
Tax Year: 2025
Spec Assessment & Ty: None Known
Zoning: RM-36

Remarks Misc

Directions: S Park to Vine, East to Property

Access Feat

Accessibility Features: No

More Information

Income and Expenses

Gross Op. Inc.: 58140

Unit 1

Unit #: Yes
Unit Description: 316-1
SqFt: 550
Occupied: Yes
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: 316-2
SqFt: 550
Occupied: No
Monthly Rent: 850
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 3
Unit Description: 314-1
SqFt: 550
Occupied: Yes
Monthly Rent: 795
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit #: 4
Unit Description: 314-2
SqFt: 550
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit #: 5
Unit Description: 314-3
SqFt: 550
Occupied: Yes
Monthly Rent: 750
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit #: 6
Unit Description: 314-4
SqFt: 550
Occupied: Yes
Monthly Rent: 800
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: None Exterior Material: Wood Siding Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Sep Electric Meter Owner Pays: Gas; Sewer; Trash Collection Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Steam Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None

Listing Office: Five Star Real Estate

Listing Agent: Adam Atwood

Last Updated: September - 17 - 2026

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