515 Locust Street, Kalamazoo, MI 49007

$244,900
  • 515 Locust Street, Kalamazoo, MI 49007 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#26021664
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLKalamazoo

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.

515 Locust Street | MLS# 26021664

This multi-family property located at 515 Locust Street, Kalamazoo, MI 49007 is currently listed for sale with an asking price of $244,900. Locust Street is located within the Kalamazoo school district. Search Kalamazoo real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Heating: Forced Air
Lot Size: 0.20 Acres
Roof Type: Composition
Taxes: $5,979
Year Built: 1860

Feature Descriptions

Days on Site: 3
Exterior: Wood Siding
Lot: Level
Lot Dimensions: 66x132
Owner Pays: Trash Collection, Electricity, Water, Sewer
Parcel Number: 06-21-236-409
Parking: Driveway, Gravel
Parking Total: 5
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 5+ Units
Tenant Pays: Gas
Units: 5
Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Kalamazoo

Listed By / Shown By

Listed By

Agency Name: Lukeman Group LLC
Agency Phone: 269-598-6567
Agent Name: Joseph Lukeman

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logoThe 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 05/15/2026.

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Estimated Payment

$ 1,939.58 per month $1,369.90 Principal & Interest $498.25 Property Tax $71.43 Homeowner's Insurance

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