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0 Baths

$199,900

417 Locust Street 1 & 2, Kalamazoo MI, 49007

Price per sqftN/A
Built in1905
Property typeMulti-family
Courtesy of Jessica A Lee, KW Aspire

Overview

Active

Listed Oct 27, 2026

Updated 5h ago

Turnkey duplex offering strong investment potential with updated rental income and recent capital improvements. Both units are currently leased, with updated rental rates generating a combined $2,445 in monthly rental income, or $29,340 annually at full occupancy. Unit 1's monthly rent increases to $950 effective October 31, 2026, while the spacious 4-bedroom, 2-bath Unit 2 is leased at $1,495 per month. Recent capital improvements include a new roof with sub-roof replacement, updated front entry door, and rebuilt rear patio deck. With both units occupied at updated rental rates, this property offers investors immediate income, reduced near-term capital improvement needs, and potential for long-term appreciation. An excellent opportunity to acquire an income-producing duplex with established tenants and room for future growth.

$1,330/mo

Est. mortgage payment based on a $199,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26017298

Interior Features

Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$3,422
Tax Frequency
Annually
MLS provider logo

Courtesy of KW Aspire

The IDX display contains information sourced from the MichRIC® as of 10/28/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 10/28/2026

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