4 months on rocket

1408 Reed St, Kalamazoo, MI, 49001

$119,850

Home List Price

$1,423*

Closing Credit

0 Baths
Multi

Location

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1408 Reed St, Kalamazoo$119,850

Buyer Closing Credits

$1,423*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingUnpaved
Year Built1910
HeatingForced Air, Natural Gas
BasementYes
MLS #66024043152
Lot Size0.11 Acres
StatusActive

About 1408 Reed St

3 Unit investment property with current rents grossing $2,050/mo. Many recent updates in units 1 and 3, plus newer roof. Great cash flowing property, with roof for rent increase, set up a private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (269) 377-4589
  • Listing Agent: Adam Atwood

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: North on Portage Rd, East on Reed St

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,850
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Housing Market Comparison

See how this home compares to others in Kalamazoo, MI.

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Kalamazoo, MI

City

Med. Sold Price

$230.3K

Med. Price/SqFt

$141

Avg. Days On Market

22

# of Sold Homes

117

1408 Reed St vs Kalamazoo

122 DAYS ON ROCKET

+100 Days

$119,850

-$110.4K Less

KEY TAKEAWAY

This property is $110.4K less than the Median Sold Price in Kalamazoo, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Kalamazoo Association of REALTORS
  • MLS Number: #66024043152

Listing Office:

  • Office Name: Five Star Real Estate
  • Office Phone: (269) 377-4589
  • Listing Agent: Adam Atwood

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4342515
2
/10

  • Washington Writers' Academy

  • 1919 Portage St

  • 0.44 miles

  • Public Magnet Grades PK-5

school-card-donut-4342516
3
/10

  • Edison Academy

  • 924 Russell St

  • 0.64 miles

  • Public Magnet Grades PK-5

school-card-donut-4342517
3
/10

  • Milwood Elementary School

  • 3400 Lovers Ln

  • 1.12 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,731. The majority of Kalamazoo, MI residents have income between $35k-100k annually. Typical family type is single, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Kalamazoo County›Kalamazoo›49001›1408 Reed St

This home is located at 1408 Reed St in Kalamazoo, MI and zip code 49001 in the Edison neighborhood. This home, which was built in 1910, sits on a 0.11 acre lot. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $119,850.

In November 2024, from all listings sold in Kalamazoo, MI there were more than 25 sold above asking price, over 67 sold below and more than 25 were sold right at the asked price. The inventory of homes for sale in Kalamazoo, MI between October 2024 and November 2024 decreased by 4%. Listings spent 22 days on the market in November 2024, and had a median list price of $230,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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