15-Unit Brick Apartment
For Sale
$975,000
447 W Walnut, Kalamazoo, MI 49007
Three-story property with remodeled interiors, original hardwood floors, built-ins, and updated electrical panels.
Property SizeContact for details
Days on Market10
Property Features for 447 W Walnut
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Hot Water
Building Details
Year Built
1905
Listing Agency:
Lukeman Group LLC
Listed By:
Joseph Lukeman · License #6501349281
(269) 598-6567
Source:
Kw
Added: Sep 12
Changed: Sep 21
Last Checked: Sep 21 at 12:41PM
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
Investment Insights
Based on property information with market context.
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
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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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 $975,000.
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
