417 Locust, Kalamazoo, MI 49007
Local realty services provided by:CENTURY 21 Northland
417 Locust,Kalamazoo, MI 49007
$199,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jessica lee
Office: kw aspire
MLS#:70526985
Source:MI_REALSOURCE
Price summary
- Price:$199,900
About this home
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.
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Home facts
- Year built:1905
- Listing ID #:70526985
- Added:188 day(s) ago
- Updated:October 29, 2026 at 10:48 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1905
- Lot area:0.1 Acres
- Lot Features:Sidewalks
- Construction Materials:Brick, Wood
- Foundation Description:Basement
Finances and disclosures
- Price:$199,900
- Tax amount:$3,422
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