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  • $130,000

    1012 Lay Blvd, Kalamazoo, MI 49001

    --beds
    --baths
    --sqft
    2 to 4 Units
    Built in 1896
    -- sqft lot
    $156,700 Zestimate®
    $--/sqft
    $1,048 Estimated rent

    Home value

    $156,700

    $143,000 - $171,000

    $1,048/mo

    Zestimate® history
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    $1,048/mo

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    Rent Zestimate®

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    $812/mo

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    $812/mo

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    What's special

    Fantastic investment opportunity in Kalamazoo! This charming duplex features two spacious 2-bedroom units, each currently leased on a month-to-month basis. Total rent for BOTH units is $1650/mo. Enjoy the flexibility of renting out both units for steady income, or reside in one while letting the other cover your mortgage. Ideal for first-time investors seeking a hassle-free income stream. Alternatively, convert it back to a single-family home for personalized living. Don't miss out on this versatile property in a prime location.

    Zillow last checked: 8 hours ago

    Listing updated: October 09, 2023 at 05:29am

    Listed by:

    Lucas Howard 616-893-6478,

    Keller Williams GR East,

    Luke Schrader 269-251-8445,

    Keller Williams Kalamazoo Market Center

    Bought with:

    Brendon Zabavski

    RE/MAX Advantage

    Source: MichRIC,MLS#: 23029217MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Features
    • Basement: Michigan Basement

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 5,662 sqft
    • Dimensions: 44 x 130
    Details
    • Parcel number: 39000626108003
    • Zoning description: 0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1896

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

    Community & neighborhood

    Location
    • Region: Kalamazoo

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/15/2023Sold$130,000
    Source: MichRIC #23029217
    8/14/2023Pending sale$130,000
    Source: MichRIC #23029217
    8/10/2023Listed for sale$130,000+87.1%
    Source: MichRIC #23029217
    11/7/2019Sold$69,500
    Source: Public Record
    7/12/2019Listed for sale$69,500+256.4%
    Source: Pierson Real Estate #19032680

    Public tax history

    YearProperty taxesTax assessment
    2025$4,775 +31.4%$87,000 +26.1%
    2024$3,634 $69,000 +12.9%
    2023-- $61,100 +18.6%

    Find assessor info on the county website

    Neighborhood: Edison

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $156,700
    2% more+ $3,134
    With Zillow Showcase(estimated)
    $159,834