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.
Listed By
Agency Name: Keller Williams Kalamazoo Market Center
Agency Phone: 269-324-3600
Agent Name: Emily A Birtles
Shown By
Agent Name: Danielle Kiger
Agent Phone: (734) 239-2269
Agency Title: Key Realty
![]() | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/08/2026. |
Estimated Payment
$ 1,829.39 per month $1,286.55 Principal & Interest $475.75 Property Tax $67.08 Homeowner's Insurance
413 Locust Street | MLS# 26020186
This multi-family property located at 413 Locust Street, Kalamazoo, MI 49007 is currently listed for sale with an asking price of $230,000. Locust Street is located within the Kalamazoo school district. Search Kalamazoo real estate on daniellekiger.ikeyrealty.com today.