1 month on rocket

807-809 W Cedar St, Kalamazoo, MI, 49007

$560,000

Home List Price

$6,650*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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807-809 W Cedar St, Kalamazoo$560,000

Buyer Closing Credits

$6,650*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1865
HeatingNatural Gas, Forced Air
BasementYes
MLS #65024014483
Lot Size0.20 Acres
StatusActive

About 807-809 W Cedar St

Expand your real estate portfolio with this rare investment opportunity! 807-809 Cedar features two buildings on one parcel: a 3-unit and a 4-unit, generating $5712 monthly rent. It promises excellent returns with impressive rental yield, low vacancy rates, and strong market demand. The units boast functional layouts, require minimal upkeep, and allow for owner occupancy. This multi-family home is rental-certified by the city of Kalamazoo and is conveniently located within walking distance from Western Michigan and Kalamazoo College along with downtown Kalamazoo main eateries, Kalamazoo Museum, Bronson Park, and Upjohn playground. Tenants have all stayed for multiple years and pay on time. Act now to add this exceptional investment opportunity to your portfolio before it's gone!

Property Details

Property Features

Property Information:

  • Year Built: 1865

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Wyatt Hawkins

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Loy Norrix High School, Public District Grades 9-12
  • Maple Street Magnet School For The Arts, Public Magnet Grades 6-8
  • Milwood Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Stadium to Lovell, East on Lovell to Davis, South on Davis to Cedar, East on Cedar to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $560,000
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

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Kalamazoo, MI

City

Med. Sold Price

$220.1K

Med. Price/SqFt

$168

Avg. Days On Market

39

# of Sold Homes

116

807-809 W Cedar St vs Kalamazoo

31 DAYS ON ROCKET

-8 Days

$560,000

+$339.8K More

KEY TAKEAWAY

This property is $339.8K more than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024014483

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Wyatt Hawkins

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1572065
2
/10

  • Milwood Elementary School

  • 3400 Lovers Ln

  • 2.23 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1572066
5
/10

  • Maple Street Magnet School For The Arts

  • 922 W Maple St

  • 1.13 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1572067
6
/10

  • Loy Norrix High School

  • 606 E Kilgore Rd

  • 3.01 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,858. Most Kalamazoo, MI residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49007›807-809 W Cedar St

This home is located at 807-809 W Cedar St in Kalamazoo, MI and zip code 49007 in the Vine neighborhood. This home, which was built in 1865, sits on a 0.20 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $560,000.

In March 2024, from all listings sold in Kalamazoo, MI there were more than 30 sold above asking price, over 63 sold below and more than 23 were sold right at the asked price. The number of homes for sale in Kalamazoo, MI increased by 7.9% between February 2024 and March 2024. In March 2024 median list price was $220,100 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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