Sold
Last Sold Price
4 beds1,820 sqft
132 Reed Street, Kalamazoo, MI 49001
Multi FamilyProperty Type
0.1 acresLot 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

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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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Payment Calculator

$762 per month

30 year fixed, 7.03% Interest

Principal and Interest

$595

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

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 04/14/2026 05:15 PM PST