$299,900

509 Oak Street, Kalamazoo, MI 49007

Multi-Family Home
Built in 1895
2,614sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

This well-kept fourplex sits on the north side of the Vine Neighborhood and offers a strong rental history with a current rent roll of $3,250/month and room to increase. All four residences are 1 bed, 1 bath and stay in demand thanks to the location and rents that include all utilities. 3 of the units have been fully renovated over the last 3 years.Inside, each unit blends classic charm with practical updates. Interiors have been refreshed at turnover to support rent growth. Unit #2 has painted cabinets, quartz countertop, a unique backsplash, remodeled bathroom with new vanity / LVP flooring and new carpet. Unit #3 has Unit 3 - Remodeled in 2025 kitchen with granite, LVP flooring throughout, new bathroom, vanity, and shower, and Unit 1 was remodeled in 2024 with new painted kitchen cabinets, new bath and shower, vanity, carpet, and LVP. Unit 4 has never been updated as it has been occupied since seller purchased property. The property features an easily accessible basement with coin laundry, plus off-street parking with two tandem spaces on the north side and one off-street space on the south side.Major system improvements provide peace of mind with a new roof (2019), furnace (2014), water heater (2022), electrical upgrades (2014 and 2023), and exterior paint in 2023. The property is City Certified through 12/31/2026. This property is in an ideal location, close to Kalamazoo College and Western Michigan University, and minutes to downtown dining staples like Bell's Eccentric Café, Principle Food & Drink, and Rustica. Unit #1 is currently vacant and offers a great opportunity for owner occupancy or more rental income! Do not miss this low-maintenance portfolio builder.

Listing Status:: Active
Date Added:: February 16, 2026
Data Last Updated:: February 16, 2026 at 5:37PM
Listing Office:: Keller Williams Professionals : 734-459-4700
Listing Agent:: Jeffrey Glover : 616-594-1000
MLS ID:: 25057367

Basement: Michigan Basement
Heating: Forced Air

Parking: Parking spaces: 0

Roofing: Composition
General: Wood Siding

Originating MLS: Michigan Regional Information Center (MichRIC)
School District: Kalamazoo
County: Kalamazoo

Zoning: 50188 WELCHS ADDITION S 2 1/2 R OF LOT 37506-21-237-008

Utilities: Natural Gas Connected
Water: Public Water
Sewer: Public Sewer

Source: Michigan Regional Information Center (MichRIC)

This listing courtesy of Jeffrey Glover , Keller Williams Professionals

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

El Sol Elementary School

604 W Vine St, Kalamazoo, MI, 49008

Grades KG-5

0.18 miles away

Lets Talk About It Girls Home

1004 Conant St, Kalamazoo, MI, 49007

Grades 6-12

0.92 miles away

Kalamazoo Area Math and Science Center

600 W Vine St, Kalamazoo, MI, 49008

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.