Property Type:
Multi Family
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$199,900
List Date:
4/23/2026
Last Modified:
4/23/2026
417 Locust Street 1 & 2, Kalamazoo, MI 49007
New Listing
$199,900
Overview
Description
Listing Details MLS# 26017298
Location Property Info
- County
- Kalamazoo
- Street #
- 417
- Street Name
- Locust
- Suffix
- Street
- State
- MI
- Zip Code
- 49007
- Zip (4)
- 5124
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 4356
- Lot Acres
- 0.1
- Lot Dimensions
- 33X132
- Year Built
- 1905
- New Construction
- No
- Road Frontage
- 33
- Total # Units
- 2
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total Parking Spaces
- 4
- Waterfront
- No
- School District
- Kalamazoo
- Basement
- Yes
Tax Info
- Tax ID #
- 06-21-226-003
- Taxable Value
- 49499
- SEV
- 92900
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 3422
- Tax Year
- 2025
- Spec Assessment & Ty
- N/A
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- No
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit #
- Yes
- Unit Description
- Unit 1
- Occupied
- Yes
- Monthly Rent
- 900
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit Description
- Unit 2
- Monthly Rent
- 1534.5
- Bathrooms
- 2
- Full Baths
- 2
Location & Property Info
- Unit #
- 1 & 2
- Cross Streets
- Cedar & Lovell
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Kalamazoo City
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- 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.
- Legal
- 50266 WELCHS ADDITION S 1/2 LOT 397
Lot Description
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Public Sewer
- Yes
- Storm Sewer
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Exterior Material
- Brick
- Yes
- Wood Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Substructure
- Full
- Yes
Owner Pays
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Property Features
Exterior Material:
Brick; Wood Siding
Roofing:
Composition
Substructure:
Full
Lot Description:
Sidewalk
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Public Sewer; Storm Sewer
Owner Pays:
Sewer; Trash Collection; Water
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Street Type:
Paved; Public
Terms Available:
Cash; Conventional
Sale Conditions:
None
Listing Office:
Keller Williams Kalamazoo Market Center
Listing Agent:
Jessica A Lee
Last Updated: April - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
