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205 W Michigan Ave, Galesburg, MI, 49053

3beds
2baths
--sqft
$199,000
--price/sqft
$1,511/moest. monthly cost
$60,440/yrincome needed

About This Home

Turnkey duplex with established tenants in place. The lower unit offers 2 bedrooms and 1 bathroom, currently renting for $1,310 per month. The upper unit features 1 bedroom and 1 bathroom, renting for $815 per month. Tenants pay electric, gas, and internet. Updates include: all windows in downstairs unit, new vanity in bathroom, new flooring in the kitchen, hallway, and bathroom down stairs. Upstairs unit has new flooring in the kitchen and hallway. Property includes a garage, attractive landscaping, and a fenced-in backyard—an excellent income-producing opportunity.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

8/10

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Michigan

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Flooring: Carpet,Linoleum,Vinyl
  • Finished area above ground: 1,335

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 390724201030
  • Zoning description: Zoning

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch,Rear Porch
  • Exterior features: Private Yard,Rain Gutters
  • Fencing: Back Yard,Chain Link

Lot

  • Lot size: 2 Acres
  • Features: Cleared,Private,Rectangular Lot
  • Lot size dimensions: 66 x 132

Parking

  • Total spaces: 2
  • Parking features: Concrete,Driveway,Garage,Garage Faces Front
  • Has uncovered spaces: Yes

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

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Inland Flooding
Ice Storm
Lightning
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 $1,006$12,072
Home Insurance *$94$1,128
Property Taxes $223$2,676
Electricity $188$2,259
Total$1,511$18,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,805/yr
40% on housing$45,330/yr
45% on housing$40,293/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 49053$189
Kalamazoo County$152

vs Homes Sold Last Month

Median $/sqft

ZIP 49053$165
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)

Price History

DateEventPrice
2026-01-13Listed for sale$205,000
2023-07-21Sold$175,000
2023-06-15Pending sale$175,000
2023-06-01Listed for sale$175,000
2021-08-20Sold$150,000

For Sale by Agent

AgentShane B Loney
BrokerageRE/MAX Hometown

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