This well-kept fourplex sits on the north side of the Vine Neighborhood and offers a strong rental history with a current rent roll of $3,195/month and room to increase. All four residences are 1 bed, 1 bath and stay in demand thanks to the location and rents that include all utilities. 3 of the units have been fully renovated over the last 3 years.Inside, each unit blends classic charm with practical updates. Interiors have been refreshed at turnover to support rent growth. Unit #2 has painted cabinets, quartz countertop, a unique backsplash, remodeled bathroom with new vanity / LVP flooring and new carpet. Unit #3 has Unit 3 - Remodeled in 2025 kitchen with granite, LVP flooring throughout, new bathroom, vanity, and shower, and Unit 1 was remodeled in 2024 with new painted kitchen cabinets, new bath and shower, vanity, carpet, and LVP. Unit 4 has never been updated as it has been occupied since seller purchased property. The property features an easily accessible basement with coin laundry, plus off-street parking with two tandem spaces on the north side and one off-street space on the south side.Major system improvements provide peace of mind with a new roof (2019), furnace (2014), water heater (2022), electrical upgrades (2014 and 2023), and exterior paint in 2023. The property is City Certified through 12/31/2026. This property is in an ideal location, close to Kalamazoo College and Western Michigan University, and minutes to downtown dining staples like Bell's Eccentric Caf, Principle Food & Drink, and Rustica.Timing lines up for immediate value-add or an owner-occupied option, with Units #1 and #2 becoming vacant at the beginning of November, creating a clear path to reset rents to market without waiting for lease expirations. Do not miss this low-maintenance portfolio builder.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
90/100
Walk Score ®
75/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 0/100, Bike Score: 39/100.
4 bds • 0 ba • 0 sqft
3605 Portage Street, KalamazooCity_Kalamazoo, MI 49001
0 bds • 0 ba • 0 sqft
3605 Portage Street, Kalamazoo, MI 49001
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509 Oak Street
4 bds • 0 ba • sqft
509 Oak Street
2 bds • 2 ba • 988 sqft
471 W South Street
2 bds • 2 ba • 988 sqft
471 W South Street 207
2 bds • 2 ba • 988 sqft
471 W South Street 207
2 bds • 2 ba • 1328 sqft
471 W South Street 105
2 bds • 2 ba • 1328 sqft
471 W South Street 105
2 bds • 2 ba • 1328 sqft
471 W South Street
3 bds • 2 ba • 1720 sqft
915 Walwood
3 bds • 2 ba • 1720 sqft
915 Walwood
3 bds • 2 ba • 1720 sqft
915 Walwood
5 bds • 0 ba • 2357 sqft
731 Village Street
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731 Village Street
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731 Village Street
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529 Wheaton Avenue
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529 Wheaton Avenue
6 bds • 0 ba • sqft
529 Wheaton Avenue
2 bds • 2 ba • 1475 sqft
125 S Kalamazoo Mall
2 bds • 2 ba • 1475 sqft
125 S Kalamazoo Mall 609
Source: Realty.com
509 Oak Street, Kalamazoo, MI 49007 is a Multi Family, Residential Income property listed for $299,900 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 26 photos of 509 Oak Street.
Our records indicate that 509 Oak Street was built in 1895.
The full address for this home is 509 Oak Street, Kalamazoo, MI 49007.
509 Oak Street has been listed on Realty.com since Fri November 07, 2025
Daily errands do not require a car. It is possible to get on a bus. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 0/100, Bike Score: 39/100.
There are 3 schools assigned to this home. Check out the schools near 509 Oak Street. Northglade Montessori School (Grades: PK - 5), Maple Street Magnet School For The Arts (Grades: 6 - 8), Kalamazoo Area Math And Science Center (Grades: 9 - 12)
Listing provided courtesy of:
Keller Williams Professionals
(tel: 734-459-4700)
Listing agent:
Jeffrey Glover
(#gglov2627)
This content last refreshed on 2025-12-09 22:56:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 509 Oak Street, Kalamazoo, MI 49007 : MLS# 25057367
