417 Locust Street #1 & 2, Kalamazoo, MI 49007

Kalamazoo
Local realty services provided by:Better Homes and Gardens Real Estate Connections
417 Locust Street #1 & 2,Kalamazoo, MI 49007
$199,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jessica a lee
Office: kw aspire
MLS#:26017298
Source:MI_MICHRIC

Price summary

  • Price:$199,900

About this home

Turnkey duplex offering strong investment potential with updated rental income and recent capital improvements. Both units are currently leased, with updated rental rates generating a combined $2,445 in monthly rental income, or $29,340 annually at full occupancy. Unit 1's monthly rent increases to $950 effective October 31, 2026, while the spacious 4-bedroom, 2-bath Unit 2 is leased at $1,495 per month. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and rebuilt rear patio deck. With both units occupied at updated rental rates, this property offers investors immediate income, reduced near-term capital improvement needs, and potential for long-term appreciation. An excellent opportunity to acquire an income-producing duplex with established tenants and room for future growth.

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Home facts

  • Year built:1905
  • Listing ID #:26017298
  • Added:204 day(s) ago
  • Updated:November 13, 2026 at 04:49 PM

Rooms and interior

  • Basement:Yes

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1905
  • Lot area:0.1 Acres
  • Construction Materials:Brick, Wood Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,900
  • Tax amount:$3,422 (2025)

Parking

  • Total parking spaces:4

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