132 Reed Avenue

Kalamazoo, MI 49001

$111,500
Last Sold Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
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—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 11/15/24
Sold 11/15/24
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Description

This city-certified triplex in Kalamazoo offers a fantastic opportunity as an investment. With three units, 2,1, and 1 bedroom. Currently brings in $1,100 a month with the bigger unit being owner occupied. Whether you're looking to expand your real estate portfolio or secure a home with rental benefits, this property is a win-win!This city-certified triplex in Kalamazoo offers a fantastic opportunity as an investment. With three units, 2,1, and 1 bedroom. Currently brings in $1,100 a month with the bigger unit being owner occupied. Whether you're looking to expand your real estate portfolio or secure a home with rental benefits, this property is a win-win!
  1. Listed by Lucas Howard • Brokerage DRE #6505298581 • Keller Williams GR East
    P: (616)-893-6478 C: (616)-893-6478 lucas@lucashowardgroup.com
  2. Listed by Luke Schrader • Keller Williams Realty SWM
    P: (269)-251-8445 C: (269)-251-8445 LS@lucashowardgroup.com

Property Details for 132 Reed Avenue

Zoning
R
ZoningDescription
R
LISTING CLOSED: 11/15/2024 12:00 AM

Property Details for 132 Reed Avenue

StatusSold
MLS #24052251
Days on Market4
Taxes$1,997 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1905
Lot Size0.10 AC / 4,356 SF
CountyKalamazoo County
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Location

Listing Courtesy of Keller Williams GR East; Keller Williams Realty SWM

Sold By Michigan Top Producers

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Building Information for 132 Reed Avenue

Stories-Residences3Year Built1905Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

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$733 per month

30 year fixed, 6.55% Interest

Principal and Interest

$567

Property Taxes

$166

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 132 Reed Avenue

Summary
Location and General Information
  • Cross Streets: S Burkick / High St / State St
  • Municipality: Kalamazoo City
  • Directions: Burdick To Reed, E. 1.5 Blocks
  • Area - Major: Greater Kalamazoo - K
  • Street #: 132
  • Street Name: Reed
  • Suffix: Avenue
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49001
  • County: Kalamazoo
  • Latitude: 42.273926
  • Longitude: -85.581634
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 34732.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 06-27-128-013
  • Homestead: 50
  • SEV: 53600
Parking
  • Parking Features: Driveway, Gravel
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Gravel
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 41.5 X 100
  • Lot Measurement: Acres
  • Lot Acres: 0.1
  • Lot Square Footage: 4356.0
  • Lot Size Area: 0.1
Property and Assessments
  • Tax Year: 2023
  • Road Surface Type: Paved
  • Legal: 26526 IHLING PLAT, LIBER 6 OF PLATS PAGE 28; LOT 13
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1905
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Public Sewer, Public Water
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Street Type: Paved, Public
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Partial
  • Extras: Sep Electric Meter
Interior Features
  • Heating: Baseboard, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Basement, Washer Hookup
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Electric, Natural Gas
  • Heat Type: Baseboard, Forced Air
Multi Family
Multi Family Information
  • Number of Units: 3
Income & Expense
  • Manager Expense: $.00
  • Insurance Expense: $700.00
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $.00
  • Occupied: Yes
  • SqFt: 920.0
  • Description: 1
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $550.00
  • Occupied: Yes
  • SqFt: 425.0
  • Description: 2
Unit 3
  • BathsTotal: 1
  • BedsTotal: 1
  • FullBaths: 1
  • HalfBaths: 0
  • ActualRent: $550.00
  • Occupied: Yes
  • SqFt: 425.0
  • Description: 3
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional, FHA, VA Loan

Property History for 132 Reed Avenue

DateEvent & SourcePriceAppreciation
Nov 15, 2024

Sold (Public Record)

Public Record #1545818269

$111,000—
Nov 15, 2024

Sold

MiRealSource #70434699

$111,500—
Nov 15, 2024

Sold

Realcomp #65024052251

$111,500—
DateEvent & SourcePrice
11/15/2024

Sold (Public Record)

Public Record #1545818269

$111,000
11/15/2024

Sold

MiRealSource #70434699

$111,500
11/15/2024

Sold

Realcomp #65024052251

$111,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 132 Reed Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$1,822 ($152 / month)
Home Facts
Beds6Baths2Total Finished SqFt1,862 SqFtAbove Grade Finished SqFt1,862 SqFtUnfinished Basement SqFt832 SqFtStories1Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1905Year Renovated1905ZoningRM-15CountyKALAMAZOOAPN06-27-128-013

Schools near 132 Reed Avenue

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Washington Writers' Academy
Public - PK to 5
Milwood Middle School
Public - 6 to 8
Loy Norrix High School
Public - 9 to 12
Kalamazoo Area Math and Science Center
Public - 9 to 12
Rating
School
Distance
Washington Writers' Academy
PublicPK to 5

Milwood Middle School
Public6 to 8

Loy Norrix High School
Public9 to 12

Kalamazoo Area Math and Science Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
136 Reed Street, Kalamazoo, MI 49001
$5,500
3
1,321
0.09
136 Reed Avenue, Kalamazoo, MI 49001
$47,000
3
2
1,460
0.1
1819 High Street, Kalamazoo, MI 49001
$23,000
3
1,135
0.1
1823 High Street, Kalamazoo, MI 49001
–
4
1
1,122
0.1
140 Reed Street, Kalamazoo, MI 49001
$60,000
4
1,232
0.1

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams GR East; Keller Williams Realty SWM

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