#66025032836, Andrew J Gyorkos, Listing office: Kalamazoo Commercial Real Estate
Property details
About 1201 Kimbark Ave
4 units-Turnkey prime student housing rental investment with potential gross income $12,650/mo. These well maintained buildings feature 22 bedrooms: 1201&1203 5 bedrooms 2 baths & 8 stalls garage each side. 1207&1209- 6 bedrooms 3 baths & 9stall garage. Each kitchen has 2 refrigerators with other stainless steel appliances, open floor plan and large bedrooms. Laundry located in insulated separate additional storage rooms inside the garage! Just minutes from West Michigan University campus! An exceptional opportunity awaits investors looking to secure a low maintenance asset in one of Kalamazoo's most sought-after rental markets. Excellent potential for long-term appreciation while leveraging depreciation. Financials available upon requests-Call/text Casity Kao KW GR East 616-219-5343
Highlights
Summary
- Parking: Concrete, Garage
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $1,070,000
- Annual Tax Amount: $23,516
- Tax Year: 2024
- Lot: Level
- Directions: From Drake Rd, east on Michigan Ave, South on Kimbark
- Year Built: 2014
- Lot Size: 0.38 Acres
- MLS Number: 65025018793
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Keller Williams GR East
- Office Phone: (616) 575-1800
- Listing Agent: Casity H Kao, Steven A Pettit
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 23, 2024 | Home Sold | $1,070,000 |
Jul 07, 2014 | Home Sold | $207,700 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $481,100 | $23,516 |
2023 | $433,500 | $23,516 |
2022 | $395,100 | $25,731 |
2021 | $377,800 | $24,417 |
2020 | $433,700 | $23,516 |
2019 | $440,000 | $23,516 |
2018 | $340,200 | $- |
2017 | $321,200 | $- |
History based on county public records data.
Nearby schools
3
Arcadia Elementary School
Public District PK-5
0.5 mi
•932 Boswell Ln
5
Winchell Elementary School
Public District PK-5
0.9 mi
•2316 Winchell Ave
4
King - Westwood Elementary School
Public District KG-5
1.5 mi
•1100 Nichols Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,659. Typical income of Kalamazoo, MI residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1201 Kimbark Ave
The listing price of 1201 Kimbark Ave property is $1,070,000.
The property 1201 Kimbark Ave is a multi located in Kalamazoo, Michigan, 49006.
Active Listing: 1201 Kimbark Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1201 Kimbark Ave are: Arcadia Elementary School (GreatSchools Rating 3/10), Winchell Elementary School (GreatSchools Rating 5/10), King - Westwood Elementary School (GreatSchools Rating 4/10), Linden Grove Middle School (GreatSchools Rating 3/10), Maple Street Magnet School for the Arts (GreatSchools Rating 4/10), Hillside Middle School (GreatSchools Rating 3/10), Phoenix Alternative High School (GreatSchools Rating 1/10), Kalamazoo Covenant Academy (GreatSchools Rating 1/10), Kalamazoo Innovative Learning Program (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $23,516 (source: MLS/based on county public records data).
The last sale was on April 23, 2024 for $1,070,000 (source: MLS/tax record).
The year of construction for 1201 Kimbark Ave is 2014.
This home is located at 1201 Kimbark Ave in Kalamazoo, MI and zip code 49006 in the Knollwood neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $1,070,000.
Over 49 listings were sold over their listed price in June 2025 in Kalamazoo, MI. In the same period over 49 listings were sold below the listed price and 25 listings were sold for the listed price. Between May and June 2025, Kalamazoo, MI real estate market has seen increase in the number of listings by 10.9%. The median list price of listings available in June 2025 was $235,000, while the average time on the real estate market was 17 days.