$1,661 Closing Credit¹
#25001502, David Howard, Listing Office: CENTURY 21 C. Howard
$101,000 List price
556 Phelps Ave Kalamazoo, MI 49048
$1,199
Closing credit¹
0.1 acres
Multi-Family
Property details
About 556 Phelps Ave
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.
Highlights
Home typeMulti Family
HeatingBaseboard, Hot Water, Natural Gas
StatusActive
BasementYes
Lot size0.13 Acres
Year built1899
ParkingPaved, Shared Driveway
MLS #66024043240
Summary
- MLS Number: 66024043240
- MLS Name: Greater Kalamazoo Association of REALTORS
- Office Name: Berkshire Hathaway HomeServices MI
- Office Phone: (269) 342-5600
- Listing Agent: Ashley E Sayles
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$101,000
556 Phelps Ave
$1,199
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 05, 2021 | Home Sold | $59,750 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $45,700 | $1,593 |
| 2023 | $41,700 | $1,593 |
| 2022 | $35,700 | $2,470 |
| 2021 | $32,200 | $1,654 |
| 2020 | $29,200 | $1,593 |
| 2019 | $23,600 | $1,593 |
| 2018 | $24,700 | $- |
| 2017 | $25,300 | $- |
History based on county public records data.
Nearby schools
3
Northeastern Elementary School
Public District PK-5
0.9 mi
•2433 Gertrude St
3
Edison Academy
Public Magnet PK-5
1.1 mi
•924 Russell St
4
Lincoln International Studies School
Public Magnet PK-5
1.2 mi
•912 N Burdick St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,061. Residents of Kalamazoo, MI typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
23%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
32%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
12%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Soccer
Where do the neighbors shop?
Burlington
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Dominos Pizza
What do the neighbors drive?
Chevrolet
Toyota
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
$1,781 Closing Credit¹
#66024062956, Isaac L Hibma, Listing Office: Jaqua, REALTORS
This home is located at 556 Phelps Ave in Kalamazoo, MI and zip code 49048 in the Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $101,000.
While more than 22 listings in Kalamazoo, MI in February 2025 were sold above asking price, there were more than 26 listings sold at asking price, and more than 49 were sold below. In February 2025 in Kalamazoo, MI there were 2.2% more homes for sale than in January. Listings spent 43 days on the market in February 2025, and had a median list price of $231,765 during the same period.
From Rocket Homes Real Estate and based on county public records data.