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515 Locust Street Kalamazoo, MI $ 249,900
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$ 249,900 Get more info
515 Locust Street
$ 249,900
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515 Locust Street

Kalamazoo, MI, 49007
$ 249,900
Baths0.0

Monthly Estimate*

$ 1,539

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515 Locust Street, Kalamazoo, MI 49007 - Image 13
Studio

Multi-Family Home for sale in Kalamazoo, MI

for $249,900. This home was built in 1860 on a lot size of 0.2.

5 unit Investment opportunity in the Vine Neighborhood, downtown Kalamazoo. Large lot with plenty of off-street parking. Close to WMU, Kalamazoo College and central business district. Three one-bedroom apartments and two studio apartments. Newer roof. Five furnaces and one water heater were recently installed and gas meters split.

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Multi-Family Active

Price

$ 249,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,878

Style

5+ Units

Lot Size

0.2

Year Built

1860

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

25057512
Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1860
Tenant Pays Gas
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2025
County Kalamazoo
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Kalamazoo
High School District Kalamazoo
Zoning Description RM-15
Number Of Units Total 5
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 8712.0
Listing Terms VA Loan Cash Conventional
Land Lease Y/N N
Tax Annual Amount 5878.84
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 86500
Legal Description 50308 WELCHS ADDITION LOT 409.
Senior Community None
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Interior
Basement Other
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Lot Features Level
Total Parking 5.0
Lot Size Area 0.2
Number of Buildings 1
Spa N
Lot Dimensions 66x132
Lot Size Acres 0.2
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Lukeman Group Llc

Broker

jlukeman@lukemangroup.com

Email

Affordability Calculator

$2,029
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$490
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2025$249,900 Listed Price

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515 Locust Street, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $249,900 with a lot size of 0.2. 515 Locust Street is a studio with 0.0 baths and was built in 1860. The property's zip code is 49007 which is in Kalamazoo, MI

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