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.
Sold
$92,000
556 Phelps Ave, Kalamazoo, MI 49048
3beds
2baths
1,614sqft
2 to 4 Units
Built in 1899
-- sqft lot
$95,000 Zestimate®
$57/sqft
$1,244 Estimated rent
Home value
$95,000
Estimated sales range
Not available
$1,244/mo
Zestimate® history
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$494/mo
Est. payment
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Est. payment
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Unique charm
Zillow last checked:
Listing updated:
Listed by:
Ashley E Sayles 269-342-5600,
Berkshire Hathaway HomeServices MI
Bought with:
Dennis Foote, 6501452069
Carmac Realty
Source: MichRIC,MLS#: 24043240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Basement: Michigan Basement
Interior area
- Total interior livable area: 1,614 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved
Lot
- Size: 5,662 sqft
- Dimensions: 46 ft. x 122 ft.
Details
- Parcel number: 390614261009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Kalamazoo
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2025 | Sold | $92,000-8.9%$57/sqft |
Source:  MichRIC #24043240 Report a problem | ||
| 3/21/2025 | Pending sale | $101,000$63/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 3/10/2025 | Price change | $101,000-1.9%$63/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 11/19/2024 | Price change | $103,000-1.9%$64/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 9/24/2024 | Price change | $105,000-3.7%$65/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 9/6/2024 | Price change | $109,000-0.9%$68/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 8/18/2024 | Listed for sale | $110,000-8.3%$68/sqft |
Source: MichRIC #24043240 Report a problem | ||
| 8/15/2024 | Listing removed | $119,900$74/sqft |
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #24029861 Report a problem | ||
| 7/11/2024 | Price change | $119,900-7.8%$74/sqft |
Source: MichRIC #24029861 Report a problem | ||
| 6/12/2024 | Listed for sale | $130,000+136.8%$81/sqft |
Source: MichRIC #24029861 Report a problem | ||
| 4/27/2023 | Listing removed | -- |
Source:  Realcomp II #66021004698 Report a problem | ||
| 11/30/2022 | Listing removed | $54,900-8.1%$34/sqft |
Source: Realcomp II #66021004698 Report a problem | ||
| 5/5/2021 | Sold | $59,750+8.8%$37/sqft |
Source: Public Record Report a problem | ||
| 3/15/2021 | Pending sale | $54,900$34/sqft |
Source: MichRIC #21004698 Report a problem | ||
| 3/8/2021 | Listed for sale | $54,900$34/sqft |
Source: MichRIC #21004698 Report a problem | ||
| 2/19/2021 | Pending sale | $54,900$34/sqft |
Source: MichRIC #21004698 Report a problem | ||
| 2/16/2021 | Listed for sale | $54,900-8.3%$34/sqft |
Source: MichRIC #21004698 Report a problem | ||
| 10/3/2019 | Listing removed | $59,900$37/sqft |
Source: Keller Williams Kalamazoo Market Center #19018743 Report a problem | ||
| 8/9/2019 | Price change | $59,900-4.8%$37/sqft |
Source: Keller Williams Realty #19018743 Report a problem | ||
| 6/11/2019 | Listed for sale | $62,900$39/sqft |
Source: Keller Williams Realty #19018743 Report a problem | ||
| 5/31/2019 | Pending sale | $62,900$39/sqft |
Source: Stirk Fuzak Group #19018743 Report a problem | ||
| 5/7/2019 | Listed for sale | $62,900+79.7%$39/sqft |
Source: Keller Williams Realty #19018743 Report a problem | ||
| 12/2/2002 | Sold | $35,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,724 +0.3% | $54,800 +19.9% |
| 2024 | $2,715 | $45,700 +9.6% |
| 2023 | -- | $41,700 +16.8% |
| 2022 | -- | $35,700 +10.9% |
| 2021 | -- | $32,200 +10.3% |
| 2020 | -- | $29,200 +18.2% |
| 2018 | -- | $24,700 -2.4% |
| 2017 | $1,580 | $25,300 +11.9% |
| 2016 | $1,580 | $22,600 -0.4% |
| 2015 | $1,580 | $22,700 +2.7% |
| 2014 | $1,580 | $22,100 -3.1% |
| 2013 | -- | $22,800 -1.7% |
| 2012 | -- | $23,200 -17.4% |
| 2011 | -- | $28,100 -9.4% |
| 2010 | -- | $31,000 -6.9% |
| 2009 | -- | $33,300 -10.2% |
| 2008 | -- | $37,100 +18.5% |
| 2004 | -- | $31,300 +7.4% |
| 2003 | -- | $29,150 |
| 2002 | -- | $29,150 +30.1% |
| 2001 | -- | $22,400 |
Find assessor info on the county website
Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 6/10Northeastern Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Linden Grove Middle SchoolGrades: 6-8Distance: 4.2 mi
- 6/10Kalamazoo Central High SchoolGrades: 9-12Distance: 4.6 mi
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Estimated market value
$95,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$95,000
- Michigan
- Kalamazoo County
- Kalamazoo
- 49048
- Eastside
- 556 Phelps Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Kalamazoo Topics
