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Duplex with Recent Improvements
For Sale
$199,900

417 Locust Street #1 & 2, Kalamazoo, MI 49007

Two-unit property with forced-air heating, connected utilities, and a composition exterior.

Property SizeContact for details
Days on Market149

Property Features for 417 Locust Street #1 & 2

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Amenities

Forced Air
Natural Gas Connected, Electricity Connected, Storm Sewer, Composition

Building Details

Year Built 1905
Listing Agency: Jessica Lee - Realtor
Listed By: Jessica Lee · License #650123456
Source: Kw
Added: Apr 23 Changed: Sep 17 Last Checked: Sep 16 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Lee - Realtor

Investment Insights

Based on property information with market context.

Built in 1905, this duplex includes two residential units with forced-air heating and utility connections for natural gas, electricity, and storm sewer service. Exterior updates include a replacement composition roof with sub-roof work, a newer front entry door, and a rebuilt rear patio deck.

The property maintained full occupancy over the past 13 months. One unit is expected to become vacant at the end of April, while the other remains occupied. The four-bedroom, two-bath unit offers a larger residential layout within the duplex configuration. The property is located at 417 Locust Street in Kalamazoo, Michigan.

Key Highlights

  • Duplex with full occupancy maintained over the past 13 months
  • One unit expected to be vacant at the end of April
  • One unit offers 4 bedrooms and 2 baths

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,215
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with forced-air heating, connected utilities, and a composition exterior.
Where is this duplex located?
The property is located at 417 Locust Street #1 & 2 Kalamazoo, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex with full occupancy maintained over the past 13 months; One unit expected to be vacant at the end of April; One unit offers 4 bedrooms and 2 baths
More about this property
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