Pending
5395 Thayer Avenue, Kalamazoo, MI 49004
$325,000
MLS # 26013800 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19890.46 acres
1 / 42
Listing 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
Source: SparkMLS
About this home
Asking $325,000.
Property tax estimate: $4,332 per year ($361/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.46 acres
Year Built1989
Location
CityKalamazoo
MunicipalityCooper Twp
Zip Code49004
CountyKalamazoo
School DistrictParchment
Construction & Systems
ConstructionBrick
BasementFull, Walk-Out Access
HeatingForced Air
SewerSeptic Tank
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed4/6/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,332
Tax Year2025
Assessed Value$80,076
Parcel #02-35-410-080
Source: SparkMLS
Legal Description
COOPER HILLS #4 LOT 144
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by DeAnna M Phillips
eXp Realty LLC
Frequently Asked Questions about 5395 Thayer Avenue, Kalamazoo, MI 49004
What school district is 5395 Thayer Avenue, Kalamazoo, MI 49004 in?
Per MLS# 26013800, this property is served by Parchment. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26013800, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26013800, the most recent reported annual property tax for 5395 Thayer Avenue, Kalamazoo, MI 49004 is $4,332 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5395 Thayer Avenue, Kalamazoo, MI 49004 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5395 Thayer Avenue, Kalamazoo, MI 49004 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Cooper Twp police department or the Kalamazoo County sheriff's office.
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Monthly payment$2,108
Principal & interest$2,108
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5395 Thayer Avenue, Kalamazoo, MI 49004
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Municipality
Cooper Township
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