556 Phelps Avenue, Kalamazoo, MI 49048 - MLS 24043240

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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! This property is being sold in as-is condition, with the seller making no repairs.

Ashley Sayles

Sales Associate

ashleysayles@bhhsmi.com

Direct: (269) 615-0322

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property details

Type

Multi-Family

Status

Closed

County

Kalamazoo

Year Built

1899

Lot Size

5,663 Sq. Ft., 0.1 acres

Listing Id

24043240

Courtesy Of

Ashley Sayles - Berkshire Hathaway HomeServices MI +1 269 615 0322

List Office Phone

+1 (269) 342-5600

Exterior Features

Parking

Paved
Shared Driveway

Utility & Building Info

Below Grade Finished Area

0

Price Per Sq Meter

$0

Heating

Gas Heat
Baseboard
Hot Water

Building Area Total

0 Sq. Ft.

Architectural Style

Other

Northern Michigan MLS, Inc listings presented by:

203 Bridge St. Charlevoix, Michigan 49720 (231) 547-9905

Price History

date	event	price	source
04/18/2025 04/18/2025	Sold	$92,000	Southwestern Michigan Regional MLS
03/21/2025 03/21/2025	Pending	$101,000	Southwestern Michigan Regional MLS
03/10/2025 03/10/2025	Active	$101,000	Southwestern Michigan Regional MLS
11/19/2024 11/19/2024	Active	$103,000	Southwestern Michigan Regional MLS
09/24/2024 09/24/2024	Active	$105,000	Southwestern Michigan Regional MLS
09/06/2024 09/06/2024	Active	$109,000	Southwestern Michigan Regional MLS
08/18/2024 08/18/2024	Active	$110,000	Southwestern Michigan Regional MLS

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Market Trends

Source: Constellation1

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556 Phelps Avenue Kalamazoo, MI 49048