5395 Thayer Avenue, Kalamazoo, MI 49004

New Listing
$325,000
Property Type: Multi Family Lot Size (sq. ft.): 20,038 Status: Active
Current Price: $325,000 List Date: 4/07/2026 Last Modified: 4/07/2026

Overview

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

Listing Details MLS# 26013800

Location Property Info

County
Kalamazoo
Street #
5395
Street Name
Thayer
Suffix
Avenue
State
MI
Zip Code
49004
Zip (4)
1933

General Property Info

Lot Measurement
Acres
Lot Square Footage
20038
Lot Acres
0.46
Lot Dimensions
97x198
Year Built
1989
New Construction
No
Road Frontage
97
Total # Units
2
# of Diff Unit Floor Plans
Yes
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
3488
Total Parking Spaces
5
Waterfront
No
School District
Parchment
Middle School
Parchment Middle School
High School
Parchment High School
Basement
Yes

Tax Info

Tax ID #
02-35-410-080
Taxable Value
80076
SEV
121200
For Tax Year
2025
Seller's Annual Property Tax
4332
Tax Year
2025
Spec Assessment & Ty
None
Homestead %
0

Remarks Misc

Directions
G Ave to Solvel head north, left on Thayer to property.

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit Description
Ranch
SqFt
1744
Occupied
No
Monthly Rent
900
Bathrooms
Yes
Full Baths
Yes
Central Air
Yes
Deck/Patio
Yes
Garage
Yes
Range Oven
Yes
Refrigerator
Yes
Sep. Heat System
Yes
W/D Hookup
Yes

Unit 2

Unit #
5397
Unit Description
Ranch Walk Out
SqFt
1744
Occupied
Yes
Monthly Rent
850
Bathrooms
Yes
Full Baths
Yes
Central Air
Yes
Deck/Patio
Yes
Garage
Yes
Range/Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes

Location & Property Info

Cross Streets
Bracket & Solvel
Property Sub-Type
2 to 4 Units
Municipality
Cooper Twp
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
93.18

Remarks & Misc

Public Remarks
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
Legal
COOPER HILLS #4 LOT 144

Lot Description

Wooded
Yes

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Cable Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Septic Tank
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Laundry Features

Electric Dryer Hookup
Yes
Lower Level
Yes
Washer Hookup
Yes

Exterior Material

Brick
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Driveway

Concrete
Yes

Substructure

Full
Yes
Walk-Out Access
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Exterior Material: Brick Roofing: Composition Substructure: Full; Walk-Out Access Lot Description: Wooded Sewer: Septic Tank Water: Public Water Utilities Attached: Cable Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Water; Storm Sewer Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Central Air; Deck/Patio; Garage; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup Unit 2: Central Air; Deck/Patio; Garage; Range/Oven; Refrigerator; W/D Hookup

Documents

Listing Office: eXp Realty LLC
Listing Agent: DeAnna M Phillips
IDX
Source MLS Verified
Last Updated: April - 07 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.