Sold

$310,000

5647 Cross St, Kalamazoo, MI 49048

8beds

4baths

--sqft

2 to 4 Units

Built in 1961

-- sqft lot

$323,300 Zestimate^®

$--/sqft

$1,309 Estimated rent

Home value

$323,300

$281,000 - $369,000

$1,309/mo

Zestimate^® history

Owner options

List your home for rent

$1,309/mo

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$1,309/mo

Rent Zestimate^®

Refinance and save

$2,029/mo

Est. payment

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$2,029/mo

Est. payment

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What's special

Split utilitiesSolid brick property

Unique opportunity to own a well-maintained, cash-flowing 4-unit apartment building! Each unit includes 2 bedrooms, 1 bath. Additionally, this solid brick property is equipped with split utilities for each unit which makes management a breeze. Excellent rental history with plenty of onsite parking. Leases and financial summary are available upon request. Schedule your private showing today as this incredible investment will not last long!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Baseboard

Features

Basement: Slab

Property

Parking

Total spaces: 6

Lot

Size: 0.81 Acres
Dimensions: 267.80' Front x 132.00' Depth

Details

Parcel number: 390718454141
Zoning description: R-1B

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Brick
Roof: Rubber

Condition

New construction: No
Year built: 1961

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Kalamazoo

Financial & listing details

Tax assessed value: $57,440
Annual tax amount: $3,451
Date on market: 4/24/2024
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes

Price history

Date	Event	Price
9/25/2024	Sold	$310,000-1.6%
Source: MichRIC #24019528 Report a problem
5/3/2024	Pending sale	$315,000
Source: MichRIC #24019528 Report a problem
4/24/2024	Listed for sale	$315,000+43.2%
Source: MichRIC #24019528 Report a problem
4/1/2023	Listing removed	--
Source: Realcomp II #66020051044 Report a problem
1/15/2021	Pending sale	$220,000
Source: Keller Williams Realty #20051044 Report a problem
1/14/2021	Listed for sale	$220,000
Source: MichRIC #20051044 Report a problem
12/20/2020	Pending sale	$220,000
Source: MichRIC #20051044 Report a problem
12/18/2020	Listed for sale	$220,000
Source: Keller Williams Kalamazoo Market Center #20051044 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,604 +4.4%	$61,000 -0.3%
2024	$3,451	$61,200 +7%
2023	--	$57,200 +9.8%
2022	--	$52,100 +3.4%
2021	--	$50,400
2020	--	$50,400 +6.3%
2018	--	$47,400 +0.2%
2017	--	$47,300 +1.9%
2016	--	$46,400 +5.5%
2015	--	$44,000
2014	--	$44,000 +0.5%
2013	--	$43,800 +0.7%
2012	--	$43,500 -8%
2011	--	$47,300 -27.6%
2010	--	$65,300
2009	--	--
2008	--	$49,500 -7.5%
2004	--	$53,500