413 Locust Street
Kalamazoo, Michigan 49007
4
Bed
0
Bath
0.10Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1886 Total Units: 3 -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
-
Lot Information
Lot Size: 0.10 Lot Dimensions: 33x132 Frontage Feet: 33 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $230,000 -
Listing Information
Legal Description: 50268 WELCHS ADDITION N 1/2 LOT 397
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Tax Information
Annual Tax: $5,709 Parcel Number: 0621226004Legal Information
Legal Description: Section: 50268 WELCHS ADDITION N 1/2 LOT 397
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Virtual Tour
Parking Information
Parking: 5 -
Multi-Unit Information
Road Frontage: Paved -
Unit 1 Information
# of Bedrooms: 2 -
Unit 2 Information
# of Bedrooms: 1
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School Information
School District: Kalamazoo -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 912 Princeton Avenue , Kalamazoo, MI, 49007 | $199,000 | 4 | -- | -- | |
| 521 Pearl Street , Kalamazoo, MI, 49007 | $475,000 | 5 | -- | -- | |
| 809-807 W Cedar Street , Kalamazoo, MI, 49007 | $499,900 | 8 | -- | -- | |
| 515 Locust Street , Kalamazoo, MI, 49007 | $244,900 | 4 | -- | -- | |
| 417 Locust Street , Kalamazoo, MI, 49007 | $199,900 | 5 | -- | -- | |
| 502 Locust Street , Kalamazoo, MI, 49007 | $220,000 | 3 | -- | -- | |
| 743 Academy Street , Kalamazoo, MI, 49007 | $249,900 | 7 | -- | -- | |
| 418-420 Elm Street , Kalamazoo, MI, 49007 | $189,900 | 5 | -- | -- | |
| 415 Davis Street , Kalamazoo, MI, 49007 | $223,000 | 3 | -- | -- | |
| 232 Woodward Avenue , Kalamazoo, MI, 49007 | $475,000 | 5 | -- | -- |
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ByOwner last updated this listing 06/12/2026 @ 11:33
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