15-Unit Historic Brick Apartment
447 W Walnut Street, Kalamazoo, MI 49007
For Sale
$950,000
Pending
Multi Family, Kalamazoo, MI
Property SizeContact for details
Lot Size0.31 Acres
Days on Market61
Property Features for 447 W Walnut Street
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Listing Agency:
Lukeman Group LLC
Listed By:
Joseph Lukeman · License MI #6501349281
(269) 598-6567
Added: Sep 11
Changed: Nov 9
Last Checked: Nov 10 at 5:06PM
MLS# 26048453
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This three-story brick apartment building contains 15 residential units on a 0.31-acre parcel. The unit mix includes 9 one-bedroom apartments, 5 two-bedroom apartments, and 1 four-bedroom apartment. Ten units have received kitchen and bathroom remodels, while hardwood floors and built-in features remain in many apartments.
Property improvements include electrical panel upgrades serving all 15 units, backup electric heating in 4 units, and 2 commercial water heaters. The building uses hot-water heating, with natural gas available and public sewer service. A rubber roof and driveway parking are also included. The property is positioned in Kalamazoo's Vine Neighborhood at 447 W Walnut Street.
Property improvements include electrical panel upgrades serving all 15 units, backup electric heating in 4 units, and 2 commercial water heaters. The building uses hot-water heating, with natural gas available and public sewer service. A rubber roof and driveway parking are also included. The property is positioned in Kalamazoo's Vine Neighborhood at 447 W Walnut Street.
Key Highlights
- 15‑unit apartment building with 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom units
- Three‑story brick construction on a 0.31‑acre parcel
- Kitchen and bathroom remodels completed in 10 units
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Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
3,380
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
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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 multifamily property with remodeled kitchens and bathrooms in select units.
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 $950,000.
What are key features of this property?
This property features: 15‑unit apartment building with 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom units; Three‑story brick construction on a 0.31‑acre parcel; Kitchen and bathroom remodels completed in 10 units
