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$249,900

  • For Sale
  • Active
  • Single Family
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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.

Full Property Details for 515 Locust St

General

  • Price: $249,900
  • Taxes: $5,878
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25057512
  • Updated: 12/15/2025
  • Added to Site: 35 day(s) ago

Parking

  • Total Spaces: 5
  • Parking Features: Driveway, Gravel

Location

  • Area: Greater Kalamazoo - K
  • County: Kalamazoo
  • Cross Streets: Cedar and Vine

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Wood Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1860

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Dimensions: 66 x 132
  • Frontage: Paved
  • Lot Features: Level
  • Zoning: RM-15

Financial Considerations

  • Tax Amount: $5,878.84
  • Terms: VA Loan, Cash, Conventional
  • Landlord Pays: Trash Collection, Electricity, Water, Sewer
  • Tenant Pays: Gas

Disclosures and Reports

  • Legal Description: 50308 WELCHS ADDITION LOT 409.
  • Property ID: 06-21-236-409

Listed by Lukeman Group LLC, Joseph Lukeman

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Listing agent

— 515 Locust St —

  • Joseph Lukeman

    Lukeman Group LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 515 Locust St

School District:Kalamazoo Public School District
NameGradesDistance
Woods Lake Elementary:A Magnet Center For The Arts
3215 Oakland Drive, Kalamazoo, MI 49008
K-52.2 mi
Maple Street Magnet School For The Arts
922 West Maple Street, Kalamazoo, MI 49008
6-81 mi
Loy Norrix High School
606 E Kilgore Rd, Kalamazoo, MI 49001
9-123.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/10/2025
Listed
$249,900
21.9%
MLS
12/04/2023
Sold
$205,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,934
184%
$94,400
13%
2019
$2,092
—
$83,900
14%
2019
$2,092
-9%
$73,600
17%
2022
$2,290
5%
$63,100
11%
2020
$2,173
—
$56,800
13%
2020
$2,173
4%
$50,200
20%
2019
$2,092
-1%
$41,800
18%
2018
$2,119
-10%
$35,400
7%
2014
$2,344
—
$33,100
12%
2014
$2,344
—
$29,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Lukeman Group LLC, Joseph Lukeman

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515 Locust Street, Kalamazoo, MI 49007 (MLS# 25057512) is a Single Family property with 0 bedrooms and 0 full bathrooms. 515 Locust Street is currently listed for $249,900 and was received on December 15, 2025. Want to learn more about 515 Locust Street? Do you have questions about finding other Single Family real estate for sale in Kalamazoo? You can browse all Kalamazoo real estate or contact a Coldwell Banker agent to request more information.

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