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Sold
    • $109,900

    527 Phelps Ave, Kalamazoo, MI 49048

    4beds
    4baths
    2,000sqft
    2 to 4 Units
    Built in 1890
    -- sqft lot
    $153,900 Zestimate®
    $55/sqft
    $1,115 Estimated rent

    Home value

    $153,900

    $132,000 - $177,000

    $1,115/mo

    Zestimate® history
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    What's special

    Welcome to an exceptional investment opportunity! This maintained 4-unit property offers a brand-new roof and two recently installed furnaces, ensuring long-term durability and efficiency. Each unit features 1 bedroom and 1 full bath, creating comfortable living spaces for tenants. Set against a backdrop of recent updates, This property is also financially savvy, offering included utilities with the rent. Ideal for investors seeking an addition to their portfolio, this 4-unit gem promises both immediate returns and future value. Don't miss out on this rare opportunity! Call today to schedule a showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Yordanos Torrez 616-272-6996,

    Polaris Real Estate LLC

    Bought with:

    Corin Dickerson, 6501409449

    City2Shore Gateway Group

    Source: MichRIC,MLS#: 23138913MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 51 x 132
    Details
    • Parcel number: 0614265006
    • Zoning description: Unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Kalamazoo

    Financial & listing details

    • Price per square foot: $55/sqft
    • Tax assessed value: $34,965
    • Annual tax amount: $2,304
    • Date on market: 10/19/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/16/2024Sold$109,900$55/sqft
    Source: MichRIC #23138913 Report a problem
    12/6/2023Pending sale$109,900$55/sqft
    Source: MichRIC #23138913 Report a problem
    11/24/2023Price change$109,900-8.3%$55/sqft
    Source: MichRIC #23138913 Report a problem
    10/19/2023Listed for sale$119,900+33.2%$60/sqft
    Source: MichRIC #23138913 Report a problem
    9/29/2023Listing removed$90,000$45/sqft
    Source: Realcomp II #66021008990 Report a problem
    5/11/2023Listing removed--
    Source: Realcomp II #66021008990 Report a problem
    6/7/2021Sold$90,000$45/sqft
    Source: Public Record Report a problem
    4/1/2021Pending sale$90,000$45/sqft
    Source: MichRIC #21008990 Report a problem
    3/28/2021Listed for sale$90,000$45/sqft
    Source: MichRIC #21008990 Report a problem
    3/24/2021Pending sale$90,000$45/sqft
    Source: MichRIC #21008990 Report a problem
    3/23/2021Listed for sale$90,000+20%$45/sqft
    Source: MichRIC #21008990 Report a problem
    2/12/2021Sold$75,000-11.8%$38/sqft
    Source: Public Record Report a problem
    12/11/2020Pending sale$85,000$43/sqft
    Source: MichRIC #20049235 Report a problem
    12/2/2020Listed for sale$85,000+165.6%$43/sqft
    Source: Weichert REALTORS Plat (Main) #20049235 Report a problem
    6/10/2016Sold$32,000$16/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$4,597 +72.4%$52,400 -0.6%
    2025$2,667 +10%$52,700 +24%
    2024$2,423 $42,500 +9.5%
    2023-- $38,800 +16.5%
    2022-- $33,300 +12.5%
    2021-- $29,600 +12.1%
    2020-- $26,400 +15.3%
    2018-- $22,900 -3%
    2017$1,480 $23,600 +11.8%
    2016$1,480 $21,100 -0.5%
    2015$1,480 $21,200 +2.4%
    2014$1,480 $20,700 -3.3%
    2013-- $21,400 -2.3%
    2012-- $21,900 -17.4%
    2011-- $26,500 -9.6%
    2010-- $29,300 -7.6%
    2009-- $31,700 -10.5%
    2008-- $35,400 +16.8%
    2004-- $30,300 +17.2%
    2003-- $25,850
    2002-- $25,850 +13.4%
    2001-- $22,800
    Find assessor info on the county website

    Neighborhood: Eastside

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    Estimated market value
    $153,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $153,900

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