$10,000 Closing Credit¹
#66024013355, Pat OBrien, Listing Office: OBrien Real Estate
$1,470,000 List price
521 Pearl St Kalamazoo, MI 49007
$10,000
Closing credit¹
0.3 acres
Multi-Family
Property details
About 521 Pearl St
Don't miss this incredible opportunity to own a 21-unit portfolio in the thriving city of Kalamazoo, MI! Consisting of four well-maintained buildings--8-unit, 6-unit, 4-unit, and 3-unit properties--this portfolio is a fantastic addition for the savvy investor or a powerful way to kickstart your real estate journey. With 20 units currently occupied, this investment already generates an annual solid income of $147,283, with room for even more significant potential. Strategically located, including some units in the desirable Vine neighborhood, each property is turn-key, city-certified, and enhanced with recent updates. This portfolio is primed for the right investor to step in and capitalize on Kalamazoo's growing rental demand! Add to your current rental portfolio, or it's a great start to aa new one. MLS 24057862, 24057863, 24057861 and 24057860
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.25 Acres
Year built1924
ParkingUnpaved
MLS #65024058041
Summary
- MLS Number: 65024058041
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: Keller Williams GR East, Keller Williams Realty SWM
- Listing Agent: Lucas Howard, Luke Schrader
Disclaimer: 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 © 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: 3/13/2025, 4:14:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,470,000
521 Pearl St
$10,000
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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $16,071. The most common annual income of people living in Kalamazoo, MI is less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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 Wrestling
NBA/WNBA
Soccer
Where do the neighbors shop?
Burlington
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Dominos Pizza
What do the neighbors drive?
Pontiac
Mazda
Kia
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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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 $1,470,000.
Kalamazoo, MI housing market in February 2025 saw over 22 listings sold above listed price, more than 26 sold at listed price and over 49 sold below. The number of listings in Kalamazoo, MI increased by 2.2% between January and February 2025. In February 2025 median list price was $231,765 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.