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556 Phelps Avenue, Kalamazoo, MI 49048

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For Sale

$101,000

0.13 acres

Estimated Payment

$ 745 /mo. †

6.65% APR for 30 yrs.
$2,715 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 24043240

Courtesy Of Berkshire Hathaway HomeServices MI
6312 Stadium Drive, Kalamazoo, MI
(269) 342-5600

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Hot Water
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 556 Phelps Avenue, Kalamazoo, MI 49048

Home seller CENTURY 21 C. Howard

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CENTURY 21 C. Howard

(269) 381-9292
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $519
  • Property Taxes
    $226
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $745

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Northeastern Elementary School

Grades PK-5 Public School

Kalamazoo, MI 49048 0.9 miles
2433 gertrude st

228 total students
13:1 Student teacher ratio

School Rating: D

School Details

Linden Grove Middle School

Grades 6-8 Public School

Kalamazoo, MI 49006 4.3 miles
4241 arboretum pkwy

756 total students
19:1 Student teacher ratio

School Rating: D+

School Details

Kalamazoo Central High School

Grades 9-12 Public School

Kalamazoo, MI 49006 4.6 miles
2432 n drake rd

1750 total students
24:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Youth Center School 0.4 miles Public 5-12
Kalamazoo Resa West Campusyoung Adult Program 1.1 miles Public 6-12
Edison Academy 1.2 miles Public PK-5 D
Lincoln International Studies School 1.2 miles Public PK-5 C-
Comstock Compass High School 1.4 miles Public KG-12 F
Barclay Hills Education Center 1.5 miles Public 6-12 F
Valley Center School 1.6 miles Public 1-12 D-
St Augustine School 1.7 miles Private PK-8
Kalamazoo Area Math And Science Center 1.8 miles Public 9-12
Washington Writers' Academy 1.8 miles Public PK-5 D-
El Sol Elementary School 1.9 miles Public KG-5 C
Forest Academy 1.9 miles Public KG-8
Woodward School For Technology And Research 1.9 miles Public PK-5 C
Lets Talk About It Girls Home 1.9 miles Public 6-12
Lets Talk About It Home For Young Men 1.9 miles Public 6-12
Northglade Montessori Magnet School 2 miles Public KG-5 C
Kalamazoo Covenant Academy 2.1 miles Public 9-12 F
Spring Valley Center For Exploration 2.1 miles Public PK-5 D+
Comstock High School 2.2 miles Public 9-12 C-

Youth Center School

Distance: 0.4 miles

Type Public

Grades: 5-12

Kalamazoo Resa West Campusyoung Adult Program

Distance: 1.1 miles

Type Public

Grades: 6-12

Edison Academy

Distance: 1.2 miles

Type Public

Grades: PK-5

D

Lincoln International Studies School

Distance: 1.2 miles

Type Public

Grades: PK-5

C-

Comstock Compass High School

Distance: 1.4 miles

Type Public

Grades: KG-12

F

Barclay Hills Education Center

Distance: 1.5 miles

Type Public

Grades: 6-12

F

Valley Center School

Distance: 1.6 miles

Type Public

Grades: 1-12

D-

St Augustine School

Distance: 1.7 miles

Type Private

Grades: PK-8

Kalamazoo Area Math And Science Center

Distance: 1.8 miles

Type Public

Grades: 9-12

Washington Writers' Academy

Distance: 1.8 miles

Type Public

Grades: PK-5

D-

El Sol Elementary School

Distance: 1.9 miles

Type Public

Grades: KG-5

C

Forest Academy

Distance: 1.9 miles

Type Public

Grades: KG-8

Woodward School For Technology And Research

Distance: 1.9 miles

Type Public

Grades: PK-5

C

Lets Talk About It Girls Home

Distance: 1.9 miles

Type Public

Grades: 6-12

Lets Talk About It Home For Young Men

Distance: 1.9 miles

Type Public

Grades: 6-12

Northglade Montessori Magnet School

Distance: 2 miles

Type Public

Grades: KG-5

C

Kalamazoo Covenant Academy

Distance: 2.1 miles

Type Public

Grades: 9-12

F

Spring Valley Center For Exploration

Distance: 2.1 miles

Type Public

Grades: PK-5

D+

Comstock High School

Distance: 2.2 miles

Type Public

Grades: 9-12

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Kalamazoo, MI 49048

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Kalamazoo, MI 49048

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are below the national average.

85° July
Hottest Average Month
16° January
Coldest Average Month
10,671 Total Households in Area
-0.1% Increase in population since the year 2010
35.5%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Kalamazoo, MI 49048

Kalamazoo, MI 49048 has a population of 25,503 people in 10,671 households with a median age of 36.6 years old.

-0.1%
Decrease in population
since the year 2010
Population is Trending down
10,482
Total households as of 2010
4.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.6 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 66%
Black 18%
Hispanic 7%
Other 3%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 66%, followed by Black at 18%, Hispanic at 7%, and Other at 3%.

Economics
for Kalamazoo, MI 49048

653 /sq mi
Population Density
$59,766 /yr
Median Household Income
$167,500
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.33% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 10%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 6,726 59%
Rented 3,944 35%
Vacant 656 6%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Kalamazoo, MI 49048

36.6 Median Age

Average Household Size

2.4
persons per
household

39.5%

Married Households

Community Population By Education

High School Graduate 31%
Some College 24%
Bachelors Degree 17%
Associates Degree 10%
Graduate Degree 9%
Some High School 8%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 30.52% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
35.5% of households have children

Weather
for Kalamazoo, MI 49048

The weather for this area ranges from a high of 85° F in July to a low of 16° F in January

85° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
31°
Feb
17°
34°
Mar
26°
45°
Apr
36°
59°
May
47°
71°
Jun
56°
80°
Jul
60°
85°
Aug
59°
82°
Sep
51°
75°
Oct
41°
63°
Nov
31°
48°
Dec
21°
35°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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