$249,900
Kalamazoo, MI 49007
MLS# 25057512
1 / 13
Property Description
5 unit Investment opportunity in the Vine Neighborhood, downtown Kalamazoo. Large lot with plenty of off-street parking. Close to WMU, Kalamazoo College and central business district. Three one-bedroom apartments and two studio apartments. Newer roof. Five furnaces and one water heater were recently installed and gas meters split.
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 515
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 5084
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $249,900
List Price: $249,900
Listing Date: 2025-11-07
General Property Info
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Lot Dimensions: 66x132
Year Built: 1860
New Construction: No
Road Frontage: 66
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2542
Total Parking Spaces: 5
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-21-236-409
Taxable Value: 86500
SEV: 94400
For Tax Year: 2025
Seller's Annual Property Tax: 5878.84
Tax Year: 2025
Zoning: RM-15
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit Description: New Roof
Occupied: Yes
Monthly Rent: 450
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1 bedroom
Monthly Rent: 700
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1 bedroom
Monthly Rent: 835
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: Studio
Monthly Rent: 760
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 1 bedroom
Monthly Rent: 800
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Other
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Electricity; Sewer; Trash Collection; Water
Tenant Pays: Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Gravel
Street Type: Paved
Terms Available: Cash; Conventional; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Listing Office: Lukeman Group LLC
Listing Agent: Joseph Lukeman
Last Updated: December - 15 - 2025
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