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9-Unit Apartment Building
For Sale
$649,900

415 W Walnut, Kalamazoo, MI 49007

Updated multifamily property with refreshed interiors, separate electrical boxes, and access to nearby hospitals, universities, parks, and shops.

Property SizeContact for details
Days on Market132

Property Features for 415 W Walnut

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 8 x studio, 1 x 1BR
Multifamily Units 9

Amenities

Baseboard

Building Details

Year Built 1900
Buildings 1
Listing Agency: Bellabay Realty LLC
Listed By: Charles Teunis · License #6501439451
Source: Kw
Added: Apr 30 Changed: Sep 7 Last Checked: Sep 7 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellabay Realty LLC

Investment Insights

Based on property information with market context.

This 9-unit apartment building includes 8 studio apartments and 1 one-bedroom unit. Interior improvements include new kitchens and appliances, refreshed bathrooms, new flooring, and modern lighting. The property also has baseboard heating, new plumbing, and updated electrical systems with separate electrical boxes. Built in 1900, the building combines a defined unit mix with substantial system and finish updates.

Located at 415 W Walnut in Kalamazoo, the property is in the Vine Neighborhood, with parks, restaurants, hospitals, universities, and local shops nearby. Its setting also places the building near major employment and education hubs.

Key Highlights

  • 9 total units: 8 studios and 1 one‑bedroom apartment
  • Updated kitchens, appliances, bathrooms, flooring, and lighting
  • New plumbing and updated electrical systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with refreshed interiors, separate electrical boxes, and access to nearby hospitals, universities, parks, and shops.
Where is this apartment building located?
The property is located at 415 W Walnut Kalamazoo, MI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 9 total units: 8 studios and 1 one‑bedroom apartment; Updated kitchens, appliances, bathrooms, flooring, and lighting; New plumbing and updated electrical systems
More about this property
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