For Sale
820-822 Wallace Avenue, Kalamazoo, MI 49048
$174,900
MLS # 26015233 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19000.24 acres
1 / 1
Listing Description
Don't miss this fantastic investment opportunity! This duplex features a 2-bedroom, 1-bath unit currently rented for $990/month to month, its neighboring unit is a 1-bedroom, 1-bath unit renting for $925/month . The property offers a spacious basement for additional storage and a large backyard area. What a great choice for any investor looking to get started! Call or text for more information.
Source: SparkMLS
About this home
Listed at $174,900.
Annual property taxes run approximately $3,403 ($284/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 Size0.24 acres
Year Built1900
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49048
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionBrick
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Extra Well
Sale & Financing
Listed4/13/2026
Terms AcceptedVA Loan, FHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,403
Tax Year2023
Assessed Value$45,150
Parcel #06-14-431-121
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ahmed ''Ali'' Khalil
eXp Realty LLC
Frequently Asked Questions about 820-822 Wallace Avenue, Kalamazoo, MI 49048
Which school district serves 820-822 Wallace Avenue, Kalamazoo, MI 49048?
Per MLS# 26015233, 820-822 Wallace Avenue, Kalamazoo, MI 49048 is in the Kalamazoo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Kalamazoo directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26015233, this listing accepts VA Loan, FHA, Cash, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 820-822 Wallace Avenue, Kalamazoo, MI 49048?
Per public tax records, annual property taxes for this property are $3,403 (2023). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 820-822 Wallace Avenue, Kalamazoo, MI 49048 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 820-822 Wallace Avenue, Kalamazoo, MI 49048 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 820-822 Wallace Avenue, Kalamazoo, MI 49048?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Kalamazoo City police department or the Kalamazoo County sheriff's office.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,134
Principal & interest$1,134
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
820-822 Wallace Avenue, Kalamazoo, MI 49048
View full property history →
Get email alerts for new listings near 820-822 Wallace Avenue
We’ll notify you when new listings match your interests.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.