413 Locust Street, Kalamazoo, MI 49007

Local realty services provided by:Better Homes and Gardens Real Estate Connections
413 Locust Street,Kalamazoo, MI 49007
$230,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: emily a birtles
Office: keller williams kalamazoo market center
MLS#:26020186
Source:MI_MICHRIC

Price summary

  • Price:$230,000

About this home

This well-maintained tri-plex presents a compelling opportunity for both investors and owner-occupants. Live in the vacant unit while generating immediate income from the other two, or add a cash-flowing asset with built-in upside to your portfolio. Ideally located near Western Michigan University, Kalamazoo College, downtown, major hospitals, and the highly anticipated new arena, the property benefits from strong rental demand and long-term growth potential. The property includes one 2 bed/1 bath unit and two 1 bed/1 bath units. The 2 bed/1 bath is currently vacant, ideal for an owner-occupant or house hack. The two occupied units generate $875 and $995/month. The 2 bed has historically performed as a mid-term rental at $1,295-$1,600/month and can be sold furnished. Ample off-street parking and recent updates--including kitchen cabinetry, bathroom vanity, reglazed bathtubs, and a new water heater--enhance functionality and appeal.

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Home facts

  • Year built:1886
  • Listing ID #:26020186
  • Added:2 day(s) ago
  • Updated:May 08, 2026 at 02:56 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1886
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$230,000
  • Tax amount:$5,709 (2025)

Parking

  • Total parking spaces:5