$319,900
706 Locust Street
Kalamazoo, MI 49007
MLS# 26001409


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Property Description
Fantastic rental property in the Vine neighborhood. This multi unit property is within walking distance of WMU, and everything downtown offers. Home has three units with good rental history, and all three units are currently occupied. One unit has a boiler system that was installed in 2018 and the other two units have furnaces. Units are individually metered. Water heater was replaced in 2022. Seller is offering $5,000 closing cost assistance.

Details
Maps
Location & Property Info
Cross Streets: Vine and Walnut
Property Sub-Type: 2 to 4 Units
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 125.6
General Property Info
New Construction: No
Lot Dimensions: 44x123
Financial Available: Yes
Road Frontage: 44
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-01-01
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 2547
Total Parking Spaces: 5
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 5227
Lot Acres: 0.12
Year Built: 1913
Tax Info
Taxable Value: 136100
SEV: 136100
For Tax Year: 2025
Seller's Annual Property Tax: 9410
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 06-21-275-002
Remarks & Misc
Public Remarks: Fantastic rental property in the Vine neighborhood. This multi unit property is within walking distance of WMU, and everything downtown offers. Home has three units with good rental history, and all three units are currently occupied. One unit has a boiler system that was installed in 2018 and the other two units have furnaces. Units are individually metered. Water heater was replaced in 2022. Seller is offering $5,000 closing cost assistance.
Legal: 35368 RICES ADDITION S 11FT OF E 120FT OF LOT 25. N 1/2 OF E 120FT OF LOT 24.
Lot Description
Level: 1
Sidewalk: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
Gas Dryer Hookup: 1
In Basement: 1
Laundry Room: 1
Sink: 1
Washer Hookup: 1
Exterior Material
Brick: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Radiant: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Concrete: 1
Substructure
Full: 1
Extras
Sep Electric Meter: 1
Sep Gas Meter: 1
Sep Water Meter: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Lower level
Occupied: Yes
Monthly Rent: 750
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Central Air: 1
Fireplace: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Main level
Monthly Rent: 1189
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Central Air: 1
Deck/Patio: 1
Fireplace: 1
Range/Oven: 1
Unit 3
Unit #: 3
Unit Description: Upstairs
Occupied: Yes
Monthly Rent: 1300
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Central Air: 1
Deck/Patio: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 706
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 6023
OfficeContract Info
Status: Active
Current Price: $319,900
List Price: $319,900
Listing Date: 2026-01-12
Remarks Misc
Directions: From Intersection of Westnedge and Vine, head West on Vine St. Go North on Locust to home.
Property Features
Laundry Features: Common Area; Gas Dryer Hookup; In Basement; Laundry Room; Sink; Washer Hookup
Exterior Material: Brick
Roofing: Composition
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Sep Electric Meter; Sep Gas Meter; Sep Water Meter
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Hot Water; Radiant
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Central Air; Fireplace; Range Oven; Refrigerator
Unit 2: Central Air; Deck/Patio; Fireplace; Range/Oven
Unit 3: Range/Oven; Central Air; Deck/Patio; Refrigerator

IDX
Listing Office: Chuck Jaqua, REALTOR
Listing Agent: Michael C Alexander

Last Updated: March - 18 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.