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Eastwood 49048 Eastwood
543 Arthur Avenue
$175,000
● House - Off Market

543 Arthur Avenue

Kalamazoo, MI 49048
bedrooms
3 Beds
bathrooms
2 Baths
square feet
940 Ft²
$1,037
Est. Monthly
9.18%
Cap Rate

About This Property

This charming cape cod, located on Arthur Avenue in Kalamazoo, Michigan, is ready for a new owner!  Main level living includes the primary bedroom, 2nd bedroom and 1 full bathroom. Sliding door from the kitchen area to the deck out back provides a natural transition for backyard entertaining. Upstairs, you'll find a cozy third bedroom-ideal for guests or a home office. The full basement offers ample storage and includes another full bathroom. The property also features a detached 2-car garage.  Don't miss this opportunity to own a home in a community that is Kalamazoo Promise eligible.
Unit Size
940 Ft²
Days on Market
22 days
Land Size
0.30 acres
Price per sqft
$180
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1950

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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 #25016081)

Price History

Date / Event Date Event Price
May 9, 2025 Sold
Premium
Sold
Apr 21, 2025 In contract -
In contract
Apr 17, 2025 Listed by CENTURY 21 C. Howard $169,000
Listed by CENTURY 21 C. Howard
Jun 12, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by CENTURY 21 C. Howard $89,900
Listed by CENTURY 21 C. Howard
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 752
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 440
  • Lot Size Frontage Feet: 990
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EARLY DAWN PLAT
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 2506160 3906 13 135 610 EARLYDAWN LOTS 61-62

Neighborhood

  • School District Name: Kalamazoo Public School District
  • School Tax School District: KALAMAZOO
  • Census Tract: 005502

Zoning

  • Zoning: R-2

Geography

  • District: 6
  • Parcel: 06-13-135-610
  • Lot: 61-62
  • Municipality: KALAMAZOO TWP
  • Latitude: 42.2971
  • Longitude: -85.5443

    Address

  • Full Address: 543 Arthur Ave
  • Address - House Number: 543
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Kalamazoo
  • Carrier Code: C007
  • 4-Digit Zip Code: 2216
  • Zip Code: 49048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,467

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 146,516
  • High Value: 179,710
  • Low Value: 113,322

    Market Valuation

  • Market Total Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-016177
  • Previous Sale Recording Date: Apr 03, 2009
  • Previous Sale Contract Date: Mar 05, 2009
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 27
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 Eastwood

Stats & Trends

Median Asking:

$184,950

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

44

Average Home Size

822 ft²

Average Home Age

82.2 years

Currently For Sale

17 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

Rentals Near You

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MichRIC

Listed by: Reuben C Mishler, CENTURY 21 C. Howard
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25016081
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 543 Arthur Avenue built and last sold?
The property at 543 Arthur Avenue was built in 1950 and last sold on May 30, 2019 for $89,000.
How much is this home worth?
The estimated value of the home located at 543 Arthur Avenue is $0.
What are some comparable homes to 543 Arthur Avenue?
There are currently no comparable homes to 543 Arthur Avenue.
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