413 Locust Street, Kalamazoo, MI 49007-5085
413 Locust Street, Kalamazoo, MI 49007-5085
413 Locust Street, Kalamazoo, MI 49007-5085
413 Locust Street, Kalamazoo, MI 49007-5085
413 Locust Street, Kalamazoo, MI 49007-5085
413 Locust Street, Kalamazoo, MI 49007-5085
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$ 230,000
Est. payment | /mo

4,356 Sqft Lot


$ 230,000
Est. payment | /mo

4,356 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70529875

Year Built 1886

Annual Tax Amount $5,709

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 33x132

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County Kalamazoo

Area Kalamazoo (39022)

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Building

Foundation Basement

Structure Type Vinyl Siding

Schools

School District Kalamazoo Public School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

Virtual Tour https://listings.nextdoorphotos.com/vd/244353596

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Keller Williams Kalamazoo Market Center

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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413 Locust Street