Kalamazoo, MI 49048 531 Phelps Avenue
$150,000
28 more
Presented By: Isaac L Hibma at Jaqua, REALTORS - (269) 685-6858
Home Details
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!
Presented By: Isaac L Hibma at Jaqua, REALTORS - (269) 685-6858
Interior Features for 531 Phelps Avenue
Bathrooms
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
Other Rooms
General for 531 Phelps Avenue
Additional Parcels Y/NNo
CityKalamazoo
Construction MaterialsVinyl Siding
CountyKalamazoo
DirectionsFrom E Main: turn South on Phelps, property is on your right
Electric On Property Y/NNo
HeatingForced Air
High School DistrictKalamazoo
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal Description32856 PHELPS ADDITION S 42.7FT OF LOT A. N 42.7FT OF S 358.18FT OF E 26.4 FT OF LOT 1.
Listing TermsCash, Conventional
Lot Size Square Feet5663.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-10T13:13:20Z
New ConstructionNo
Number Of Units Total2
OwnerPaysNone
PossessionClose Of Escrow
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1435.0
Tax Assessed Value20743
Tax Year2023
Tenant PaysNone
TownshipKalamazoo City
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Waterfront Y/NNo
Year Built1961
Exterior for 531 Phelps Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions42.7 x 132.0
Lot Size Acres0.13
Lot Size Area0.13
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking2.0
Additional Details
Price History
Debra Hull
Broker
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