413 Locust Street, Kalamazoo, MI 49007

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.

Listing Status:

Pending

Date Added:

May 6, 2026

Data Last Updated:

May 20, 2026 at 5:39AM

Listing Office:

Keller Williams Kalamazoo Market Center : 269-324-3600

Listing Agent:

Emily A Birtles : 616-644-0739

MLS ID:

26020186

Interior

• Laundry: In Basement
• Basement: Full
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 5

Construction

• General: Vinyl Siding

Location

• Road/Access: Paved
• Originating MLS: Michigan Regional Information Center (MichRIC)
• School District: Kalamazoo
• County: Kalamazoo

Lot

• Zoning: 50268 WELCHS ADDITION N 1/2 LOT 39706-21-226-004

Utilities

• Utilities: Natural Gas ConnectedElectricity ConnectedElectricity AvailableNatural Gas Available
• Water: Public Water
• Sewer: Public Sewer

Financial

• Source: Michigan Regional Information Center (MichRIC)