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Westwood 49006 Westwood
228 Nelson Avenue
$120,000
● House - Off Market

228 Nelson Avenue

Kalamazoo, MI 49006
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,644 Ft²
$115,193
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Great LOCATION! Great CURB APPEAL! Great BONES! This attractive, solidly built  traditional style home is located off of West Main Hill and is close to downtown and K College/WMU. The upstairs has three good sized bedrooms and large full  bath. The main floor has a laundry with 1/2 bath for ease and convenience . This home has great character and  is vinyl sided with an updated furnace and a roof that is less than 12 years old. The inside of the home needs some TLC but this home is perfect for those wanting a solid home and a source for building sweat equity in a solid investment. Some attractive oak built ins add to the charm and potential of the home. So much potential available  it's a bargain at this price.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$70
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MichRIC MLS #23010551)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
Apr 11, 2023 Listed by Jaqua, REALTORS $115,000
Listed by Jaqua, REALTORS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 780
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAYLOR PARK
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 4058710 3906 17 420 050 TAYLOR PARK LOTS 5 & 6

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 001503

Zoning

  • Zoning: RM-2

Geography

  • District: 6
  • Parcel: 06-17-420-050
  • Lot: 5-6
  • Municipality: KALAMAZOO TWP
  • Latitude: 42.2943
  • Longitude: -85.6145

    Address

  • Full Address: 228 Nelson Ave
  • Address - House Number: 228
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C008
  • 4-Digit Zip Code: 8324
  • Zip Code: 49006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,853

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 186,547
  • High Value: 228,004
  • Low Value: 145,091

    Market Valuation

  • Market Total Value: $175,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15162
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 Westwood

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1473 ft²

Average Home Age

70.5 years

Currently For Sale

31 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

Unit for rent at 915 Walwood Place, Kalamazoo, MI, 49007

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,720 ft²
915 Walwood Place, Kalamazoo, MI, 49007 Listing by Marissa Harrington

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Tim A Cashen, Jaqua, REALTORS
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23010551
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 228 Nelson Avenue built and last sold?
The property at 228 Nelson Avenue was built in 1915 and last sold on Jun 7, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 228 Nelson Avenue is $0.
What are some comparable homes to 228 Nelson Avenue?
There are currently no comparable homes to 228 Nelson Avenue.
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