Historical Kalamazoo Multifamily Investment
447 W Walnut Street Kalamazoo, MI 49007
447 W Walnut Street, Kalamazoo, MI, 49007
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - Kalamazoo, MI
Lot Size0.31 Acres
Days on Market128
Property Features for 447 W Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 19
- Rooms
- Bathroom 10, Bathroom 5, Bedroom 6, Bedroom 18, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 7, Bedroom 14, Bathroom 9, Bathroom 11, Bedroom 2, Bedroom 17, Bedroom 10, Bedroom 8, Bedroom 12, Bathroom 1, Bedroom 13, Bedroom 16, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 11, Bathroom 12, Bedroom 15, Bathroom 8, Bathroom 4, Bedroom 1, Bedroom 19, Bathroom 6, Bedroom 9
- Parking
- 3
- Parking features
- Driveway
- Basement
- Full
- Standard status
- Active
- APN
- 06-22-115-050
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 27036 KALAMAZOO INSTITUTE ADDITION, LIBER K OF PLATS PAGE 295; LOT 39 & THE NORTH 37FT OF LOT 38.
- Tax Annual Amount
- 11758
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1905
- Number of units
- 15
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency
Lukeman Group LLC
(269) 598-6567
10708 Wildwood Drive, Richland, MI
Listed by
Joseph Lukeman · License #6501349281
(269) 598-6567
Added: Mar 15 Checked: Jul 20 at 12:06 am
MLS# 26009891
Listing URL
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Investment Insights
Based on property information with market context.
This 3-story brick apartment building, constructed in 1907, is located in Kalamazoo's Vine Neighborhood and contains 15 units. The unit mix includes nine 1-bedroom units, five 2-bedroom units, and one 4-bedroom unit. Significant capital improvements have been made over the years, with nine of the fifteen units featuring remodeled kitchens and bathrooms. Many units retain original features such as hardwood floors and built-ins. The building has new electrical panel upgrades for all 15 units, two commercial water heaters, and backup electric heating systems in 4 units. The property has historically been fully occupied, with rents increasing year over year. Certification is valid through 7/31/27. The lot size is 0.31 acres.
Key Highlights
- Historically fully occupied with increasing rents year over year.
- 15‑unit apartment building featuring a mix of unit sizes: (9) 1‑bedroom, (5) 2‑bedroom, and (1) 4‑bedroom.
- Significant capital improvements have been made while maintaining the building's 1907 character.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 15-unit apartment building in Kalamazoo's Vine Neighborhood.
Where is this apartment building located?
The property is located at 447 W Walnut Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Historically fully occupied with increasing rents year over year.; 15‑unit apartment building featuring a mix of unit sizes: (9) 1‑bedroom, (5) 2‑bedroom, and (1) 4‑bedroom.; Significant capital improvements have been made while maintaining the building's 1907 character.
