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Foundry Real Estate Partners, Inc
413 Locust Street, Kalamazoo, MI 49007
- $215,000
- Sold Price
- $215,000
- List Price
- $230,000
- Closing Date
- Jun 22, 2026
- Days on Market
- 9
- MLS#
- 26020186
- Status
- SOLD
- Type
- Multifamily
Property Description
This well-maintained tri-plex presents a compelling opportunity for both investors and owner-occupants. Live in the vacant unit while generating immediate income from the other two, or add a cash-flowing asset with built-in upside to your portfolio. Ideally located near Western Michigan University, Kalamazoo College, downtown, major hospitals, and the highly anticipated new arena, the property benefits from strong rental demand and long-term growth potential. The property includes one 2 bed/1 bath unit and two 1 bed/1 bath units. The 2 bed/1 bath is currently vacant, ideal for an owner-occupant or house hack. The two occupied units generate $875 and $995/month. The 2 bed has historically performed as a mid-term rental at $1,295-$1,600/month and can be sold furnished. Ample off-street parking and recent updates--including kitchen cabinetry, bathroom vanity, reglazed bathtubs, and a new water heater--enhance functionality and appeal.
Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $5,709
- Acres
- 0.10
- Basement
- Full
- Heating
- Forced Air
- School District
- Kalamazoo
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 5
- Utilities
- Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Emily A Birtles from Listing Office: Keller Williams Kalamazoo Market Center.
Selling Agent: Selling Office: .
© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .