1516 Nazareth Rd Kalamazoo, MI 49048
Estimated payment $1,596/month
About This Home
Live in one unit and rent the other to offset or cover your mortgage-don't miss this opportunity! Multi family duplex. Excellent opportunity for owner-occupants or investors! This well-maintained duplex offers 2 updated 2 bed / 1 bath units with separate entrances, private laundry in each unit, and strong rental history. Both units feature new flooring, fresh paint, and updated light fixtures. Bottom unit has a new water heater. Roof replaced in 2021.
Enjoy a large shared backyard with individual storage sheds for each unit, along with ample off-street parking (8+ spaces). The parking area is well-lit with a dusk-to-dawn security light for added visibility and peace of mind. Conveniently located just minutes from I-94 for an easy commute and close to Northeastern Elementary, Linden Grove Middle, and Kalamazoo Central High. Rental Income Potential: Up to $2,600/month.
Past rents: $1,200-$1,300 per unit with utilities billed back to tenants.
Estimated Mortgage: $1,214-$1,667/month depending on financing.
Call Amanda with any questions or to set up a showing 269-267-1848.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,346
Year Built
- Built in 1969
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 406x53
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
Parking
- 8 Parking Spaces
- Gravel Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Cable TV Available
Additional Features
- Laundry in unit
- Natural lighting in basement
- Tillable Land
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,432 | $103,900 | $0 | $0 |
| 2024 | $936 | $87,300 | $0 | $0 |
| 2023 | $464 | $84,900 | $0 | $0 |
| 2022 | $3,115 | $78,100 | $0 | $0 |
| 2021 | $2,949 | $67,600 | $0 | $0 |
| 2020 | $2,903 | $61,300 | $0 | $0 |
| 2019 | $2,796 | $55,700 | $0 | $0 |
| 2018 | $2,725 | $47,200 | $0 | $0 |
| 2017 | $0 | $47,200 | $0 | $0 |
| 2016 | -- | $42,000 | $0 | $0 |
| 2015 | -- | $37,700 | $0 | $0 |
| 2014 | -- | $35,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | Price Changed | $249,900 | -3.8% | -- | |
| 10/16/2025 10/16/25 | For Sale | $259,900 | +15.5% | -- | |
| 06/04/2024 06/04/24 | Sold | $225,000 | 0.0% | -- | View Prior Sale |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- | |
| 04/20/2024 04/20/24 | For Sale | $225,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Chicago Title | |
| Warranty Deed | -- | Sun Title Agency Of Michigan | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Closed | $0 | Purchase Money Mortgage |
Source: MichRIC
MLS Number: 25053392
APN: 06-12-435-272
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
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