$550,000

521 Pearl St Kalamazoo, MI 49007

$6,531
Closing credit¹
0.3 acres
Multi-Family

Property details

About 521 Pearl St

Presenting a beautifully maintained 8-unit brick building in the heart of Kalamazoo's vibrant Vine neighborhood! This fully occupied property combines historic charm with modern updates, making it an exceptional investment opportunity with solid rental history. Recent improvements include a newer roof and exterior paint and many of the mechanicals. Tenants benefit from coin laundry on-site and ample parking with 12 spaces an absolute rarity in the area. Generating a consistent income of $6,594 monthly, this city-certified property is truly turnkey. Don't miss your chance to own a cornerstone of the Vine neighborhood, where classic architecture meets modern convenience. This property is part of a 21-unit portfolio MLS 24058041.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.25 Acres
Year built1924
ParkingUnpaved
MLS #65024057862

Summary

  • MLS Number: 65024057862
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Keller Williams GR East, Keller Williams Realty SWM
  • Listing Agent: Lucas Howard, Luke Schrader

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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 © 2025 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: 4/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$550,000

521 Pearl St

$6,531

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$139,000$3,514
2023$125,600$3,514
2022$100,300$3,846
2021$91,400$3,649
2020$85,200$3,514
2019$79,000$3,514
2018$80,700$-
2017$78,500$-

History based on county public records data.

Nearby schools

5

El Sol Elementary School

Public Magnet KG-5

0.2 mi

604 W Vine St

4

Woodward School for Technology and Research

Public Magnet PK-5

0.8 mi

606 Stuart Ave

4

Lincoln International Studies School

Public Magnet PK-5

1.0 mi

912 N Burdick St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,071. Typical income of Kalamazoo, MI residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

77%
<35k
22%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

85%
Single, No Kids
11%
Single, with Kids
3%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
71%
18-34 yrs old
15%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 521 Pearl St in Kalamazoo, MI and zip code 49007 in the Vine neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 5, 2024 and is currently priced at $550,000.

Over 25 listings were sold over their listed price in March 2025 in Kalamazoo, MI. In the same period over 48 listings were sold below the listed price and 35 listings were sold for the listed price. The number of homes for sale in Kalamazoo, MI increased by 3.8% between February and March 2025. Listings spent 37 days on the market in March 2025, and had a median list price of $233,676 during the same period.

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

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