#66025001000, Andrew J Gyorkos, Listing Office: Kalamazoo Commercial Real Estate
1201 Kimbark Ave Kalamazoo, MI 49006
Property details
About 1201 Kimbark Ave
Turnkey prime student housing rental investment portfolio. Walking distance to Western 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. These well maintained buildings feature 22 bedrooms: Two duplexes: 1201 Kimbark- 2 units, each 5 bedrooms 2 baths & 4 car garage. 1203 Kimbark- Two units, each 6 bedrooms 3 baths & 5 car 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! Excellent potential for long-term appreciation while leveraging depreciation. Financials, rent roll, and private tours available upon requests
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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Last updated on: 5/1/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,070,000
1201 Kimbark Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
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. Residents of Kalamazoo, MI typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
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.
In March 2025 more than 25 listings in Kalamazoo, MI were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 48 were sold below. The number of listings in Kalamazoo, MI increased by 3.8% between February and March 2025. While the average time on the market in March 2025 was 37 days, the median list price was $233,676.