For Sale
502 Locust Street, Kalamazoo, MI 49007
$220,000
MLS # 26020470 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 18650.13 acres
1 / 16
Listing Description
Own and occupy this completely remodeled side-by-side duplex with 2 BR available August 1 and 1 BR rented through 7.2027. comes with 3 car garage for parking and storage, garden space and small yard for minimal care. Since 2010, the 2BR bath was expanded to accommodate a walk in shower, laundry and storage, a new roof was added, Aluminum siding painted, porch steps and railings replaced, 2 new furnaces and water heaters, updated electrical panels, lighting, kitchens and baths. Hardwood floors and open floorplan
Source: SparkMLS
About this home
Currently offered at $220,000.
Annual property taxes run approximately $2,309 ($192/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.13 acres
Year Built1865
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49007
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
ConstructionAluminum Siding, Wood Siding
BasementMichigan Basement
HeatingForced Air
SewerPublic Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
Sale & Financing
Listed5/6/2026
Terms AcceptedCash, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$2,309
Tax Year2025
Assessed Value$33,400
Parcel #06-21-235-001
Source: SparkMLS
Legal Description
50426 WELCHS ADDITION N 5R OF LOT 433.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mike H Fleckenstein
Home Marketing Systems, Inc.
Frequently Asked Questions about 502 Locust Street, Kalamazoo, MI 49007
Which school district serves 502 Locust Street, Kalamazoo, MI 49007?
Per MLS# 26020470, 502 Locust Street, Kalamazoo, MI 49007 is in the Kalamazoo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Kalamazoo directly to confirm enrollment eligibility.
What financing options are available for 502 Locust Street, Kalamazoo, MI 49007?
Per MLS# 26020470, this listing accepts Cash, Land Contract financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 502 Locust Street, Kalamazoo, MI 49007?
Per public tax records, annual property taxes for this property are $2,309 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 502 Locust Street, Kalamazoo, MI 49007 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 502 Locust Street, Kalamazoo, MI 49007 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 502 Locust Street, Kalamazoo, MI 49007?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Kalamazoo City police department or the Kalamazoo County sheriff's office.
Map
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Monthly payment$1,427
Principal & interest$1,427
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
502 Locust Street, Kalamazoo, MI 49007
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Municipality
Kalamazoo
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