Active

$244,900

515 Locust St, Kalamazoo, MI 49007

4beds

5baths

--sqft

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5+ Units

Built in 1860

-- sqft lot

$232,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Plenty of off-street parkingLarge lotNewer roofFive furnacesOne water heater

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.

44 days

117

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5

Heating

Forced Air

Features

Basement: Other

Property

Parking

Total spaces: 5
Parking features: Driveway, Gravel

Lot

Size: 8,712 Square Feet
Dimensions: 66 x 132
Features: Level

Details

Parcel number: 0621236409
Zoning description: RM-15

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1860

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Community & HOA

Location

Region: Kalamazoo

Financial & listing details

Tax assessed value: $88,835
Annual tax amount: $5,979
Date on market: 5/12/2026
Listing terms: VA Loan,Cash,Conventional
Tenant pays: Gas
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$232,000

$220,000 - $244,000

$1,095/mo

Price history

Date	Event	Price
5/12/2026	Listed for sale	$244,900-2%
Source: MichRIC #26021664 Report a problem
5/5/2026	Listing removed	$249,900
Source: MichRIC #25057512 Report a problem
12/15/2025	Listed for sale	$249,900
Source: MichRIC #25057512 Report a problem
11/28/2025	Pending sale	$249,900
Source: MichRIC #25057512 Report a problem
11/10/2025	Listed for sale	$249,900+21.9%
Source: MichRIC #25057512 Report a problem
12/7/2023	Sold	$205,000-6.8%
Source: MichRIC #23026331 Report a problem
10/5/2023	Pending sale	$220,000
Source: MichRIC #23026331 Report a problem
7/23/2023	Listed for sale	$220,000+286%
Source: MichRIC #23026331 Report a problem
5/7/2009	Sold	$57,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,934 +146.5%	$94,400 +12.5%
2024	$2,408	$83,900 +14%
2023	--	$73,600 +16.6%
2022	--	$63,100 +11.1%
2021	--	$56,800 +13.1%
2020	--	$50,200 +41.8%
2018	--	$35,400 +6.9%
2017	$2,344	$33,100 +11.8%
2016	$2,344	$29,600 +1%
2015	$2,344	$29,300 -1%
2014	$2,344	$29,600 -7.8%
2013	--	$32,100 -6.1%
2012	--	$34,200 -13.6%
2011	--	$39,600 -7.9%
2010	--	$43,000 -5.9%
2009	--	$45,700 -2.8%
2008	--	$47,000 +10.8%
2004	--	$42,400 +10.6%
2003	--	$38,350 +1.9%
2002	--	$37,650 +9.6%
2001	--	$34,350

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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