Sold
Last Sold Price
4 beds1,820 sqft$61/sqft
132 Reed Street, Kalamazoo, MI 49001
Multi FamilyProperty Type
4,356 sq ftLot Size
1905Year Built
$61/sq ftPrice per sq ft
4 carsParking Spaces

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!
  • Listed by: Lucas Howard 616.893.6478 lucas@lucashowardgroup.com Brokerage DRE #6505298581 • Keller Williams GR East
  • Listed by: Luke Schrader 269.251.8445 LS@lucashowardgroup.com • Keller Williams Realty SWM
Listing closed: 11/15/2024 12:00 AM • Source: Realcomp, MLS#: 65024052251

Recent comparable sales

Median sold price

$112,500

Avg days on market

24

Sale-to-list ratio

92.7%

Kalamazoo, MI

9 comparable properties found

$111,500 | 132 Reed Avenue, Kalamazoo, MI 49001
1/36
1

$111,500

Sold 11/15/24

4
Bedrooms
Unavailable
Square Feet
0.1
Acres
$109,000 | 509 McCourtie Street, Kalamazoo, MI 49008
1/13
2

$109,000

Sold 07/24/25

4
Bedrooms
Unavailable
Square Feet
0.07
Acres
$110,000 | 707 East Stockbridge Avenue, Kalamazoo, MI 49001
1/2
3

$110,000

Sold 08/26/26

4
Bedrooms
Unavailable
Square Feet
0.17
Acres
$100,000 | 826 Reed Street, Kalamazoo, MI 49001
1/30
4

$100,000

Sold 10/11/24

4
Bedrooms
1,648
Square Feet
0.17
Acres
$120,000 | 1152 Portage Street, Kalamazoo, MI 49001
1/14
5

$120,000

Sold 08/21/26

4
Bedrooms
Unavailable
Square Feet
0.13
Acres
$250,000 | 904 South Park Street, Kalamazoo, MI 49001
1/36
6

$250,000

Sold 10/20/25

3
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$112,500 | 919 Bryant Street, Kalamazoo, MI 49001
1/33
7

$112,500

Sold 08/28/25

4
Bedrooms
Unavailable
Square Feet
0.11
Acres
$120,000 | 916 Washington Avenue, Kalamazoo, MI 49001
1/12
8

$120,000

Sold 11/07/25

4
Bedrooms
Unavailable
Square Feet
0.2
Acres
$120,000 | 920 Washington Avenue, Kalamazoo, MI 49001
1/4
9

$120,000

Sold 11/07/25

4
Bedrooms
Unavailable
Square Feet
0.06
Acres

Location

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

Sold By Michigan Top Producers

Add your commute

Payment Calculator

$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 Street

Property Details
  • Taxes: $1,997 / year
  • MLS Type: Residential Income / Multi Family
  • Waterfront: No
  • Zoning Description: Other
Building Information
  • Residences: 3
  • Year Built: 1905
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • Directions: Burdick To Reed, E. 1.5 Blocks
  • Latitude: 42.273926
  • Longitude: -85.581634
  • Cross Street: S Burkick / High St / State St
  • MLS Area Major: Area39062Kalamazoo
Taxes and HOA
  • Parcel Number: 0627128013
  • Tax Amount Summer: $1,997.00
  • Tax Annual Amount: $1,997.00
  • Tax Assessed Value: $34,732.00
  • Tax Legal Description: 26526 IHLING PLAT, LIBER 6 OF PLATS PAGE 28; LOT 13
  • Tax Year: 2023
School Information
  • High School District: Kalamazoo
Parking
  • Parking Total: 4.0
  • Parking Features: Gravel
Property
Lot Information
  • Lot Size Acres: 0.1
  • Lot Size Area: 4356.0
  • Lot Size Dimensions: 41.5 X 100
  • Lot Size Units: Square Feet
  • Road Frontage Feet: 41
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 53600.0
  • Building Area Total: 1820.0
  • Building Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1905
Building Features
  • Construction Materials: Vinyl Siding
  • Number Of Buildings: 1
  • Roof: Composition
Utilities
  • Sewer: Public Sewer, Sewer At Street
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Partial
  • Has Basement: Yes
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, Washer Hookup
  • UnitOneBedNumberOf: 2
  • UnitTwoBedNumberOf: 1
Multi Family
Multi Family Information
  • Number of Units Total: 3
  • Unit Records: 3
Income & Expenses
  • Insurance Expense: $700.00
  • Other Expense: $3,500.00
Unit Information
Unit 1
  • Description: 1, Garage, W/D Hookup
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft: 920.0
  • Type: Two Bedroom
  • Total Units: 1.0
Unit 2
  • Description: 2, Deck/Patio
  • Total Rent: $550.00
  • Appliances: Refrigerator
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Sq Ft: 425.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 3
  • Description: 3
  • Total Rent: $550.00
  • Appliances: Refrigerator
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Sq Ft: 425.0
  • Type: One Bedroom
  • Total Units: 1.0

Property History for 132 Reed Street

DateEvent & SourcePriceAppreciation
Nov 15, 2024

Sold

Realcomp #65024052251

$111,500
Oct 7, 2024

Contract Signed

Realcomp #65024052251

Oct 3, 2024

Listed (Active)

Realcomp #65024052251

$115,000
DateEvent & SourcePrice
11/15/2024

Sold

Realcomp #65024052251

$111,500
10/07/2024

Contract Signed

Realcomp #65024052251

10/03/2024

Listed (Active)

Realcomp #65024052251

$115,000

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

Schools near 132 Reed Street

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 132 Reed Street, Kalamazoo, MI 49001
$111,500
4
1,820
4,356
$111,500
4
4,356
$5,500
3
1,321
3,920
$47,000
3
2
1,460
4,356
4
1
1,122
4,356
$60,000
4
1,232
4,356

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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