5395 Thayer Avenue, Kalamazoo, MI 49004

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$312,500
List Price
$325,000
Closing Date
Jul 30, 2026
Days on Market
11
MLS#
26013800
Status
SOLD
Type
Multifamily

Property Description

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

Additional Information

Owner Pays
Electricity, Gas, Sewer, Trash Collection, Water
Taxes
$4,332
Acres
0.46
Basement
Full, Walk-Out Access
Heating
Forced Air
Roofing
Composition
School District
Parchment
Sewer
Septic Tank
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
5
Utilities
Cable Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: DeAnna M Phillips from Listing Office: eXp Realty LLC.

Selling Agent: Selling Office: .

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .