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1120 Jefferson Ave, Kalamazoo, MI, 49006

4beds
4baths
--sqft
$280,000
--price/sqft
$2,046/moest. monthly cost
$81,840/yrincome needed

About This Home

All Brick 4 unit with tremendous potential for greater gain. Buy on land contract as a home owner and put your money towards your equity and not the bank's. Call agent to discuss land contract terms. Built as a 4 unit with all separate utilities. Large units that have never been vacant. interesting floor plans with unique and timely features like pocket doors, french doors, and side porches. New electric service panels, and some furnaces and water heaters, and is fully city certified. Rent numbers above are based on future rents for upgraded units and may be higher depending on appointments to units. Listing agent is Partnership member and is licensed in the State of Michigan. Go to www.hmsys.com to see interior pictures.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1885

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Appliances

  • Laundry features: None

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Property

Details

  • Parcel number: 0616199046

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 66 x 132

Parking

  • Total spaces: 4
  • Parking features: Asphalt,Driveway,Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Kalamazoo County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$128$1,536
Property Taxes $315$3,780
Electricity $188$2,259
Total$2,046$24,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,148/yr
40% on housing$61,380/yr
45% on housing$54,560/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -4.9%
-4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49006$128
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49006$162
Kalamazoo County$166

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-10-07Listed for sale$280,000

For Sale by Agent

AgentMike H Fleckenstein
BrokerageHome Marketing Systems, Inc.

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