130 W Paterson Street, Kalamazoo, MI 49007
Kalamazoo County
Key Facts
Description
Excellent investment opportunity or owner-occupant option in the heart of Kalamazoo! This city-certified duplex features 2 units, each offering 2 bedrooms and 1 full bathroom, creating an ideal setup for rental income, multi-generational living, or portfolio expansion. With separate living spaces and a functional layout, this property offers flexibility and long-term value. Recent updates provide added peace of mind, including a roof that is approximately 2 years old and a brand-new water heater, helping reduce future maintenance concerns. Conveniently located near downtown amenities, shopping, dining, and major commuter routes, this income-producing property is ready for its next owner. Whether you're looking to add to your investment portfolio or live in one unit while renting the other, this duplex is full of potential. *** CITY CERTIFIED RENTAL - Valid until 02/2027
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1910
Lot Size
0.12 acres
Lot Dimensions
62 x 88 x 61 x 87
Parking Spaces
4
Days on Market
4
MLS® Listing#
26031376
Property Features
Heating
Parking
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- District:
- Kalamazoo
Financial Details
Annual Taxes
$1,759
Tax year 2026
Assessed Value
$26,138
Parcel Number
3900610395015
Affordability Calculator
$17,980
Estimated monthly payment
$478/mo
Principal $71,920 · Est. interest $100,335 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kalamazoo, MI
- $260,177
- Median Listing Price
- 41
- Median Days on Market
- 1,644
- Median Sq Ft
- $152
- Median Price / Sq Ft
- 622
- Active Listings
- This home’s price is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kalamazoo, MI.
Location
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Points of Interest in Kalamazoo, MI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 939 Field Avenue, Kalamazoo Charter Township, MI | $63,000 | 5 | 1 | 1,500 |
| 4111 Nancy Lane, Kalamazoo City, MI | $64,900 | 3 | 2 | 1,056 |
| 4111 Nancy Lane, Kalamazoo, MI | $64,900 | 3 | 2 | 1,056 |
| 1395 Haven Way, Kalamazoo, MI | $65,000 | — | — | — |
| 1301 Haven Way, Kalamazoo, MI | $65,000 | — | — | — |
| 4206 Nancy Lane, Kalamazoo City, MI | $66,999 | 4 | 2 | 1,539 |
Moving Cost Estimate
EXIT Agents in Kalamazoo
Listing Courtesy: Real Broker, LLC - 8554500442
Presented by: Ahmed ''Ali'' Khalil