5395 Thayer Avenue Kalamazoo, MI $ 325,000
5395 Thayer Avenue
$ 325,000
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5395 Thayer Avenue

Kalamazoo, MI, 49004
$ 325,000
Baths0.0

Monthly Estimate*

$ 2,001

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $325,000. This home was built in 1989 on a lot size of 0.46.

Investor or owner-occupant opportunity in desirable Cooper Township within Parchment Schools. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms, 1 full bath, and approximately 1,744 sq ft of living space. One unit is move-in ready, making it ideal for house hacking or maximizing rental income, while the other provides stable occupancy. Current rents are below market at $850, with strong upside potential near $1,200 per unit. Recent updates include new HVAC and central air, fresh paint, new carpet, updated light fixtures, reglazed bathtub, and connection to city water, reducing immediate capital expenses. Each unit includes a one-car garage plus additional driveway parking. Full walkout basements offer exceptional storage or future finishing potential to further increase value. Situated on just under a half-acre lot, this property provides space, privacy, and long-term investment appeal. A rare find with strong cash flow potential and multiple opportunitie

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Multi-Family Pending

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,332

Style

2 to 4 Units

Lot Size

0.46

Year Built

1989

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

26013800

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Brick
Year Built 1989
Tenant Pays Electric Water Trash Sewer Gas
Township Cooper Twp
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Kalamazoo
New Construction N
Property Type Multi Family
Attached Garage N
Status Pending
Directions G Ave to Solvel head north left on Thayer to property.
City Kalamazoo
High School District Parchment
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 20038.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4332.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 80076
Legal Description COOPER HILLS #4 LOT 144
Senior Community None
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Interior
Basement Full Walk-Out Access
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Electric Dryer Hookup Lower Level Washer Hookup
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Wooded
Total Parking 5.0
Lot Size Area 0.46
Number of Buildings 1
Spa N
Lot Dimensions 97x198
Lot Size Acres 0.46
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5395
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* Excluded Features
List By
Exp Realty Llc

Broker

deannaphillipsrealtor@gmail.com

Email

Affordability Calculator

$2,362
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249871 Elementary School
5295509 Middle School
Parchment High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$325,000 Listed Price

Map


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5395 Thayer Avenue, Kalamazoo, MI, 49004 is a Multi-Family Home for sale at $325,000 with a lot size of 0.46. 5395 Thayer Avenue is a studio with 0.0 baths and was built in 1989. The property's zip code is 49004 which is in Kalamazoo, MI