Sold
Last Sold Price
5 beds3 baths
471 Reed Avenue, Kalamazoo, MI 49001
Multi FamilyProperty Type
0.11 acresLot Size
1900Year Built
3 carsParking Spaces

Description

Excellent investment opportunity. Three rental units available. Each unit has own water heater and furnace and each is separately metered for gas and electric. Siding is less than 8 years old and roof is less than 5 years. Owner's expenses for 2017 were approx $2,600 for taxes, water and trash removal. This property has an excellent value and should provide an solid return on investment.Excellent investment opportunity. Three rental units available. Each unit has own water heater and furnace and each is separately metered for gas and electric. Siding is less than 8 years old and roof is less than 5 years. Owner's expenses for 2017 were approx $2,600 for taxes, water and trash removal. This property has an excellent value and should provide an solid return on investment.
  • Listed by: Richard J Bosch 269.598.6359 rickinmich@charter.net • Liston & Liston, LLC DBA Liston Bosch Realty
Listing closed: 03/19/2018 12:00 AM • Source: Michigan Regional Information Center, MLS#: 18000520

Recent comparable sales

Median sold price

$111,500

Avg days on market

71

Sale-to-list ratio

88.5%

Kalamazoo, MI

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Amenities

  • Basement
  • Fireplace
  • Forced Air
  • Internet Included

Location

Listing Courtesy of Liston & Liston, LLC DBA Liston Bosch Realty

Sold By RE/MAX Advantage

Add your commute

Payment Calculator

$552 per month

30 year fixed, 6.71% Interest

Principal and Interest

$439

Property Taxes

$113

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 471 Reed Avenue

Property Details
  • Taxes: $1,353 / year
  • MLS Type: Multi Family / 2 to 4 Units
Building Information
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.11 AC / 5,000 SF
Summary
Location and General Information
  • Cross Streets: Reed Ave and Belford St
  • Municipality: Kalamazoo City
  • Directions: Burdick to Reed Ave. East on Reed to address, on north side of road.
  • Area - Major: Greater Kalamazoo - K
  • Street #: 471
  • Street Name: Reed
  • Suffix: Avenue
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49001
  • County: Kalamazoo
  • Latitude: 42.274269
  • Longitude: -85.575154
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 20563.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 3906-22-474-157
  • Homestead: 0
  • SEV: 22400
Parking
  • Parking Total: 3.0
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 50X100
  • Lot Measurement: Acres
  • Lot Acres: 0.11
  • Lot Square Footage: 5000.0
  • Lot Size Area: 0.11
Property and Assessments
  • Tax Year: 2017
  • Legal: 42338 SOUTH SIDE IMPROVEMENT COMPANYS ADDITION Lot 157, excluding the North 50ft.
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Public Sewer, Public Water, Storm Sewer
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Vinyl Siding
  • Exterior Material: Vinyl Siding
  • Roofing: Composition
  • Substructure: Full
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 3
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $550.00
  • Occupied: Yes
  • SqFt: 600.0
  • Description: Lower Right Unit
Unit 2
  • BathsTotal: 1
  • BedsTotal: 1
  • ActualRent: $400.00
  • Occupied: Yes
  • SqFt: 400.0
  • Description: Lower Left Unit
Unit 3
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $550.00
  • Occupied: Yes
  • SqFt: 650.0
  • Description: Upstairs Unit
Rental
Rental Information
  • Tenant Pays: Electric, Gas
  • Owner Pays: Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional

Property History for 471 Reed Avenue

DateEvent & SourcePriceAppreciation
Mar 19, 2018

Sold

Michigan Regional Information Center #18000520

$85,000
Mar 16, 2018

Sold (Public Record)

Public Record #1293434919

$85,000
Jan 27, 2018

Contract Signed

Michigan Regional Information Center #18000520

DateEvent & SourcePrice
03/19/2018

Sold

Michigan Regional Information Center #18000520

$85,000
03/16/2018

Sold (Public Record)

Public Record #1293434919

$85,000
01/27/2018

Contract Signed

Michigan Regional Information Center #18000520

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

Public Records for 471 Reed Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$2,113 ($176 / month)
Home Facts
Beds4Baths3Total Finished SqFt1,662 SqFtAbove Grade Finished SqFt1,662 SqFtUnfinished Basement SqFt564 SqFtStories1Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900ZoningRS5CountyKALAMAZOOAPN06-22-474-157

Schools near 471 Reed Avenue

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: 471 Reed Avenue, Kalamazoo, MI 49001
$85,000
5
3
5,000
$62,500
5,000
$85,000
5
1,662
4,791
$70,000
3
1,015
4,791
$6,800
3
1
962
5,227
$15,000
4
1,564
50,100

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 Liston & Liston, LLC DBA Liston Bosch Realty

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.