Sold354d on marketHistoric · 127 yrs
556 Phelps Ave
Kalamazoo, MI, 49048 • Eastside • Kalamazoo County
$92,000
$57/sqft
3Beds
2Baths
1,614Sqft
0.13 acLot
1899Built
Property DNA
Character Home
Built 1899 · 127 years of history
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
354 days on market
Established listing
$57/sqft
Price per square foot
About this home
Multi Family · Built 1899 · Historic
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.
Estimated monthly payment
Based on current rates
$600/month
Principal & Interest$477
Property Tax$92
Insurance$31
Down payment20% ($18,400)
3%50%
Est. 6.75% rate · 30yr fixed · $73,600 loan
Full calculator →At a glance
Key facts and listing details
Type2 to 4 Units
Year Built1899
HeatingBaseboard, Hot Water
CoolingNone
Parking2 Parking spaces
Property
Home typeMulti Family
Sub-type2 to 4 Units
Year built1899
Systems
HeatingBaseboard, Hot Water
CoolingNone
RoofComposition
ConstructionVinyl Siding
Water / SewerPublic Sewer
Parking & Outdoor
ParkingPaved
BasementMichigan Basement
Lot5,662 sqft
Location & Tax
NeighborhoodEastside
Annual tax$2,715
Parcel0614261009
Features & details
5 categories of property features
Interior Features
Heating
Baseboard
Hot Water
Cooling
None
Exterior Features
Parking
Paved
Construction
Vinyl Siding
Utilities
Phone Available
Natural Gas Available
Electricity Available
Natural Gas Connected
Electricity Connected
Listing insights
Market data and value estimates
StatusSold
Days on market354
Est. value$95,000
Est. rent$1,293/mo
Tax rate1.37%
Price/sqft$57
On marketAug 18, 2024
PostedAug 18, 2024
Last sold$92,000
MLS statusSold
MLS updatedApr 18, 2025
Tour days6
Views2
How are the schools in Kalamazoo?
3 schools rated nearby
Location
Kalamazoo, MI, 49048
Price history
23 events
DateEventPrice$/sqftSource
Apr 18, 2025Sold$92,000$57MichRIC
Mar 21, 2025Pending Sale$101,000$63MichRIC
Mar 10, 2025Price Change$101,000$63MichRIC
Nov 19, 2024Price Change$103,000$64MichRIC
Sep 24, 2024Price Change$105,000$65MichRIC
Sep 6, 2024Price Change$109,000$68MichRIC
Aug 18, 2024Listed For Sale$110,000$68MichRIC
Aug 15, 2024Listing Removed$119,900$74Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Jul 11, 2024Price Change$119,900$74MichRIC
Jun 12, 2024Listed For Sale$130,000$81MichRIC
Apr 27, 2023Listing Removed——Realcomp II
Nov 30, 2022Listing Removed$54,900$34Realcomp II
May 5, 2021Sold$59,750$37Public Record
Mar 15, 2021Pending Sale$54,900$34MichRIC
Mar 8, 2021Listed For Sale$54,900$34MichRIC
Feb 19, 2021Pending Sale$54,900$34MichRIC
Feb 16, 2021Listed For Sale$54,900$34MichRIC
Oct 3, 2019Listing Removed$59,900$37Keller Williams Kalamazoo Market Center
Aug 9, 2019Price Change$59,900$37Keller Williams Realty
Jun 11, 2019Listed For Sale$62,900$39Keller Williams Realty
May 31, 2019Pending Sale$62,900$39Stirk Fuzak Group
May 7, 2019Listed For Sale$62,900$39Keller Williams Realty
Dec 2, 2002Sold$35,000$22Public Record
Sold$92,000
Apr 18, 2025•$57/sqft•MichRIC
Pending Sale$101,000
Mar 21, 2025•$63/sqft•MichRIC
Price Change$101,000
Mar 10, 2025•$63/sqft•MichRIC
Price Change$103,000
Nov 19, 2024•$64/sqft•MichRIC
Price Change$105,000
Sep 24, 2024•$65/sqft•MichRIC
Price Change$109,000
Sep 6, 2024•$68/sqft•MichRIC
Listed For Sale$110,000
Aug 18, 2024•$68/sqft•MichRIC
Listing Removed$119,900
Aug 15, 2024•$74/sqft•Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Price Change$119,900
Jul 11, 2024•$74/sqft•MichRIC
Listed For Sale$130,000
Jun 12, 2024•$81/sqft•MichRIC
Listing Removed—
Apr 27, 2023•Realcomp II
Listing Removed$54,900
Nov 30, 2022•$34/sqft•Realcomp II
Sold$59,750
May 5, 2021•$37/sqft•Public Record
Pending Sale$54,900
Mar 15, 2021•$34/sqft•MichRIC
Listed For Sale$54,900
Mar 8, 2021•$34/sqft•MichRIC
Pending Sale$54,900
Feb 19, 2021•$34/sqft•MichRIC
Listed For Sale$54,900
Feb 16, 2021•$34/sqft•MichRIC
Listing Removed$59,900
Oct 3, 2019•$37/sqft•Keller Williams Kalamazoo Market Center
Price Change$59,900
Aug 9, 2019•$37/sqft•Keller Williams Realty
Listed For Sale$62,900
Jun 11, 2019•$39/sqft•Keller Williams Realty
Pending Sale$62,900
May 31, 2019•$39/sqft•Stirk Fuzak Group
Listed For Sale$62,900
May 7, 2019•$39/sqft•Keller Williams Realty
Sold$35,000
Dec 2, 2002•$22/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2025$2,724$54,800
Apr 8, 2024$2,715$45,700
Apr 8, 2023—$41,700
Apr 8, 2022—$35,700
Apr 8, 2021—$32,200
Apr 8, 2020—$29,200
Apr 8, 2018—$24,700
Apr 8, 2017$1,580$25,300
Apr 8, 2016$1,580$22,600
Apr 8, 2015$1,580$22,700
Apr 8, 2014$1,580$22,100
Apr 8, 2013—$22,800
Apr 8, 2012—$23,200
Apr 8, 2011—$28,100
Apr 8, 2010—$31,000
Apr 8, 2009—$33,300
Apr 8, 2008—$37,100
Apr 8, 2004—$31,300
Apr 8, 2003—$29,150
Apr 8, 2002—$29,150
Apr 8, 2001—$22,400
Nearby homes
Neighborhood details
Local context around this listing
Kalamazoo, MI • Kalamazoo County
Nearby neighborhoods
ArcadiaEastwoodEdisonKnollwoodMilwoodNorthsideSouth WestnedgeVineWestern Michigan University-KRPHWestwood
Nearby cities
ComstockComstock NorthwestCooperKalamazooMattawanOtsegoPortageRichland
Nearby zip codes
49001490044900649007490084900949041490484907449077
Similar homes
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
No obligation · Same-day response