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122 Brookview St, Kalamazoo, MI, 49048

3beds
3baths
1,705sqft
$226,500
$133price/sqft
$1,720/moest. monthly cost
$68,800/yrincome needed

About This Home

Turnkey multi-unit Investment opportunity along Comstock Creek. **2.75% Assumable mortgage** an investment dream awaits. Excellent opportunity to add a solid income-producing property to your portfolio. This well-maintained three-unit rental offers immediate cash flow with two units currently leased and one unit available, providing flexibility for an owner-occupant or the ability to place a new tenant at market rent. Each unit features one nedroom, one bnathroom, kitchen and general living area. Call today to book your tour or for more information. Each unit features one bedroom, one bathroom, a kitchen, and a comfortable living area, with renovations completed within the past few years. Major updates include a new roof (2017), exterior paint (2019), and a new furnace (2019)offering peace of mind for the next owner. The property sits on a spacious lot with a generous backyard backing directly to Comstock Creek, creating a unique natural setting rarely found in multi-unit properties. Additional features include a storage shed and ample outdoor space for tenants to enjoy. A strong investment with upside potential in a desirable settingthis is a rare opportunity you won't want to miss.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
4/10
Comstock Middle SchoolGrades 6-82.0 mi
6/10
Comstock High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Composition
  • Construction materials: Block

Type & Style

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

Interior

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 1,705 sqft

Property

Details

  • Parcel number: 0720105180
  • Zoning description: RES

Features

  • On waterfront: Yes
  • Waterfront features: Stream/Creek
  • Waterbody name: Comstock Creek

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: 56 x 228.44

Parking

  • Total spaces: 3
  • Parking features: Concrete,Driveway

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

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado

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 $1,145$13,740
Home Insurance *$133$1,596
Property Taxes $254$3,048
Electricity $188$2,259
Total$1,720$20,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,971/yr
40% on housing$51,600/yr
45% on housing$45,866/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 49048$117
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49048$148
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
2026-04-14Price change$236,500
2026-03-04Listed for sale$239,000
2026-02-25Pending sale$239,000
2026-01-10Listed for sale$239,000
2021-08-05Sold$187,000
2012-05-11Listed for sale$80,000
2005-08-31Sold$76,000

For Sale by Agent

AgentMelissa Perrine
BrokerageBellabay Realty (North)

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