Welcome to 531 Phelps Avenue, a fantastic two-unit property offering endless possibilities! With 4 bedrooms, 2 full baths, and 1,562 sq. ft. of finished living space, this multi-family home is perfect for investors or those looking to offset their mortgage by renting out one unit.Each unit is designed for comfort and practicality, featuring bright and spacious interiors. Located near downtown Kalamazoo, schools, and local amenities, this property is highly desirable for renters and offers consistent income potential.Don't let this opportunity pass you by--add this versatile investment to your portfolio or make it your new home today!
Welcome to 1408 E Main Street, a charming duplex in the Eastside neighborhood of Kalamazoo! This well-maintained property offers two distinct units: Unit 1, featuring one cozy bedroom and a full bathroom, and Unit 2, which includes two spacious bedrooms and one bath. The property boasts recent upgrades, including a modern HVAC system, fresh paint, and stained floors. Enjoy the convenience of off-street parking at the rear, and a separate external entrance to the basement. Located just minutes from downtown, Ascension Borgess Hospital, and Gull Road businesses, this duplex is also Rental Certified by the City of Kalamazoo as of 8/27/2024. Don't miss this fantastic opportunity!
Discover this eastside duplex, perfectly situated close to downtown Kalamazoo and all the amenities the city has to offer. The property features two units, each with its own unique charm. The downstairs unit is beautifully updated & boasts 2 bedrooms and 1 bathroom ($850/month). The upstairs unit is a cozy 1 bedroom, 1 bathroom that could use a little TLC to make it shine (previously rented at $625/month). Each units comes with the refrigerator and the stove/oven.This property is an excellent opportunity for investors looking to expand their portfolio or for those just beginning their real estate investment journey. Recent updates include a 7 year old high efficiency boiler, a 15 year old roof, replacement windows and durable vinyl siding. Don't miss out on this promising property!
The median home value in Kalamazoo, MI is $193,100. This is lower than the county median home value of $231,100. The national median home value is $338,100. The average price of homes sold in Kalamazoo, MI is $193,100. Approximately 39.42% of Kalamazoo homes are owned, compared to 50.85% rented, while 9.73% are vacant. Kalamazoo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kalamazoo real estate agent to arrange a tour today!
Kalamazoo, Michigan 49048 has a population of 74,020. Kalamazoo 49048 is less family-centric than the surrounding county with 22.5% of the households containing married families with children. The county average for households married with children is 30.73%.
The median household income in Kalamazoo, Michigan 49048 is $44,296. The median household income for the surrounding county is $61,739 compared to the national median of $69,021. The median age of people living in Kalamazoo 49048 is 26.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 36.4 inches per year, with 60.3 inches of snow per year.