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912 Princeton Ave, Kalamazoo, MI, 49007

4beds
5baths
3,000sqft
$199,000
$66price/sqft
$1,755/moest. monthly cost
$70,200/yrincome needed

About This Home

Investment opportunity! Dont miss the chance to own this 4 unit rental property. Currently renting two units, the third is listed for rent and the fourth is used as storage at but can be easily converted into a living space with minimal work. The three units that are rental ready/being ready have been newly renovated! All units are 1 bedroom and 1 bathroom. Schedule your showing today!

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

3/10
Milwood Elementary SchoolGrades PK-53.1 mi
7/10
6/10

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Appliances

  • Laundry features: In Basement,Washer Hookup

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 390615121008
  • Zoning description: Res Improved

Lot

  • Lot size: 0.50 Acres
  • Features: Sidewalk
  • Lot size dimensions: 100 x 200

Parking

  • Total spaces: 3
  • Parking features: Unpaved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Kalamazoo County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance *$199$2,388
Property Taxes $223$2,676
Electricity $327$3,926
Total$1,755$21,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,171/yr
40% on housing$52,650/yr
45% on housing$46,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -4.9%
-4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$66This listing

vs Other Active Listings

Avg $/sqft

ZIP 49007$82
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49007$91
Kalamazoo County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-09-26Listed for sale$199,000
2023-08-23Sold$35,000
2007-10-31Sold$56,116

For Sale by Agent

AgentNicole Turner
BrokerageBenchmark Capital Realty

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