417 Locust Street # 1 & 2 Kalamazoo, MI $ 199,900
417 Locust Street # 1 & 2
$ 199,900
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417 Locust Street # 1 & 2

Kalamazoo, MI, 49007
$ 199,900
Baths0.0

Monthly Estimate*

$ 1,231

417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 1
417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 2
417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 3
417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 4
417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 5
417 Locust Street # 1 & 2, Kalamazoo, MI 49007 - Image 6
Studio

Multi-Family Home for sale in Kalamazoo, MI

for $199,900. This home was built in 1905 on a lot size of 0.1.

Turnkey duplex with strong rental history and clear value-add potential. The property has maintained full occupancy over the past 13 months, demonstrating consistent income and solid rental demand. One unit will be vacant at the end of April, offering immediate flexibility for an investor or owner-occupant to reposition rents in line with current market conditions. The spacious 4-bedroom, 2-bath unit provides an excellent opportunity to maximize returns with targeted updates, while the occupied unit continues to generate steady income. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and a rebuilt rear patio deck. Ideal for investors seeking a strong-performing asset with in-place income and the ability to capture increased cash flow and long-term appreciation.

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Multi-Family Active

Price

$ 199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,422

Style

2 to 4 Units

Lot Size

0.1

Year Built

1905

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

26017298

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected Storm Sewer
Roof Composition
Construction Materials Brick Wood Siding
Year Built 1905
Tenant Pays Electric Gas
Township Kalamazoo City
Unit Number 1 & 2
Property Subtype 2 to 4 Units
Tax Year 2025
County Kalamazoo
New Construction N
Property Type Multi Family
Status Active
City Kalamazoo
High School District Kalamazoo
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4356.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3422.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 49499
Legal Description 50266 WELCHS ADDITION S 1/2 LOT 397
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Lot Features Sidewalk
Total Parking 4.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 33X132
Lot Size Acres 0.1
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 1 417
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* Excluded Features
List By
Keller Williams Kalamazoo Market Center

Broker

jatreat@hotmail.com

Email

Affordability Calculator

$1,516
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$285
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
Pricing History
DatePricePrice ChangeDescription
4/23/2026$199,900 Listed Price

Map


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417 Locust Street # 1 & 2, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $199,900 with a lot size of 0.1. 417 Locust Street # 1 & 2 is a studio with 0.0 baths and was built in 1905. The property's zip code is 49007 which is in Kalamazoo, MI