15-Unit Brick Apartment
447 W Walnut, Kalamazoo, MI 49007
For Sale
$950,000
Three-story property with remodeled interiors, original hardwood floors, built-ins, and updated electrical panels.
Property SizeContact for details
Days on Market60
Property Features for 447 W Walnut
General Information
Standard status
Property subtype
Amenities
Hot Water
Building Details
Year Built
Listing Agency:
Lukeman Group LLC
Listed By:
Joseph Lukeman · License MI #6501349281
(269) 598-6567
Source:
Kw
Added: Sep 12
Changed: Nov 9
Last Checked: Nov 8 at 8:50AM
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 Lukeman Group LLC
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This three-story brick apartment property contains 15 units with a mix of 9 one-bedroom apartments, 5 two-bedroom apartments, and 1 four-bedroom apartment. Ten units have remodeled kitchens and bathrooms, while hardwood floors and built-in features remain in many apartments. The building has received significant capital improvements while retaining its early-20th-century character.
Electrical panel upgrades have been completed for all 15 units. Four apartments include backup electric heating systems, and the property is equipped with 2 commercial water heaters. The building has historically been fully occupied, and certification is in place through 7/31/27. The property is located at 447 W Walnut in Kalamazoo’s Vine Neighborhood.
Electrical panel upgrades have been completed for all 15 units. Four apartments include backup electric heating systems, and the property is equipped with 2 commercial water heaters. The building has historically been fully occupied, and certification is in place through 7/31/27. The property is located at 447 W Walnut in Kalamazoo’s Vine Neighborhood.
Key Highlights
- 15‑unit, 3‑story brick apartment building
- Unit mix includes 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom apartment
- Kitchen and bathroom remodels completed in 10 units
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
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Business Placement
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
Properties on Market for Apartment buildings in Kalamazoo
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-story property with remodeled interiors, original hardwood floors, built-ins, and updated electrical panels.
Where is this apartment building located?
The property is located at 447 W Walnut Kalamazoo, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 15‑unit, 3‑story brick apartment building; Unit mix includes 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom apartment; Kitchen and bathroom remodels completed in 10 units
