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Kalamazoo 49006 West Main HIll
213 Valley Street
$220,000
● House - Off Market

213 Valley Street

Kalamazoo, MI 49006
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,209 Ft²
$1,223
Est. Monthly
8.64%
Cap Rate

About This Property

This spacious 3-bedroom, 1.5-bath home is brimming with potential. Nestled on a corner lot, this property boasts a generous floor plan, perfect for comfortable living and entertaining. This lovely home is just minutes from Downtown Kalamazoo, Western Michigan University, and Kalamazoo College. You'll enjoy easy access to the vibrant cultural scene, educational opportunities, and all the amenities this city has to offer. Huge 3-season porch, perfect for enjoying the changing seasons and serene views of the beautiful landscaping. One bedroom offers a versatile loft space that could be used as a play area, reading nook, or extra storage. While this home is ready for your personal updates, it presents an incredible opportunity to create the home of your dreams in a highly desirable location.
Unit Size
1,209 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$165
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #24060551)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Premium
Sold
Nov 29, 2024 In contract -
In contract
Nov 22, 2024 Listed by Chuck Jaqua, REALTOR $200,000
Listed by Chuck Jaqua, REALTOR

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,209
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,209
  • Building Area: 1,209
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,209
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REVISED OF HENDERSON PARK
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 24178 THE REVISED PLAT OF HENDERSON PARK PT OF LOT 64 COM ON E LI OF VALLEY ST 57.6 FT SLY FR SW COR LOT 65 S ALG E LI OF SD

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 000500

Zoning

  • Zoning: RS-5

Geography

  • District: 0
  • Parcel: 06-16-367-063
  • Lot: 64-143
  • Municipality: KALAMAZOO CITY
  • Latitude: 42.2897
  • Longitude: -85.607

    Address

  • Full Address: 213 Valley St
  • Address - House Number: 213
  • Address - Street Name: Valley
  • Address - Suffix Type: St
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C005
  • 4-Digit Zip Code: 4457
  • Zip Code: 49006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $160,742

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 72
  • Final Value: 193,900
  • High Value: 233,429
  • Low Value: 154,372

    Market Valuation

  • Market Total Value: $145,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,600

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Main HIll

Stats & Trends

Median Asking:

$362,450

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

42

Average Home Size

3135 ft²

Average Home Age

37 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Suzanne Scott, Chuck Jaqua, REALTOR
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24060551
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 213 Valley Street built and last sold?
The property at 213 Valley Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 213 Valley Street is $202,000.
What are some comparable homes to 213 Valley Street?
There are currently no comparable homes to 213 Valley Street.
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