515 Locust Street Kalamazoo, MI ^$ 249,900

515 Locust Street

^$ 249,900

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515 Locust Street

Kalamazoo, MI, 49007

^$ 249,900

Studio Baths0.0 Sq 2,542

Monthly Estimate*

^$ 1,539

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515 Locust Street, Kalamazoo, MI 49007 - Image 8

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $249,900. This 2,542 square foot 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.

Multi-Family Active

Price

^$ 249,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 5,878

Style

Lot Size

0.2

Year Built

1860

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70504162

Features

General

Heating Forced Air

Status Active Active

Year Built 1860

County Kalamazoo

Class MULTIFAMILY

Type Multi-Family

Municipality Kalamazoo

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Kalamazoo (39022)

Primary City Kalamazoo

City Kalamazoo

School District Kalamazoo Public School District

Financial Terms Cash Conventional VA

Legal Description 50308 WELCHS ADDITION LOT 409.

DOM 65

Postal Code 49007

Price Per Sq Ft Total AG 98.31

Public Remarks 5 unit Investment opportunity in the Vine Neighborhood downtown Kalamazoo. Large lot with plenty of off-street parking. Close to WMU

Interior

Basement Other

Total Number of Units 5

Fuel Type Natural Gas

Exterior

Exterior Wood

Frontage 66

Lot Size Area 0.2

Lot Dimensions 66x132

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Joseph Lukeman

Listing Agent

Lukeman Group Llc

Broker

jlukeman@lukemangroup.com

Affordability Calculator

$2,029

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: $490
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Kalamazoo, MI

Average List Price ^$359,380

Percent of Sale Price 44%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2662308 Elementary School

2662311 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 2,542 sqft and 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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515 Locust Street

Multi-Family Home for sale in Kalamazoo, MI

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