15-Unit Brick Apartment
For Sale
$975,000
447 W Walnut Street, Kalamazoo, MI 49007
Multi Family, Kalamazoo, MI
Property SizeContact for details
Lot Size0.31 Acres
Days on Market162
Property Features for 447 W Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
LW1
Bedrooms
19
Full bathrooms
12
Rooms
Bathroom 4, Bedroom 7, Bedroom 8, Bathroom 12, Bathroom 10, Bathroom 8, Bedroom 16, Bathroom 11, Bedroom 6, Bedroom 3, Bedroom 9, Bedroom 11, Bedroom 1, Bedroom 10, Bedroom 5, Bedroom 2, Bedroom 12, Bathroom 2, Bathroom 3, Bedroom 15, Bedroom 19, Bathroom 9, Bedroom 18, Bathroom 7, Bathroom 6, Bedroom 13, Bathroom 1, Bathroom 5, Bedroom 4, Bedroom 14, Bedroom 17
Parking
3
Parking features
Driveway
Basement
Full
Lot features
Corner Lot
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
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
Legal Description
27036 KALAMAZOO INSTITUTE ADDITION, LIBER K OF PLATS PAGE 295; LOT 39 & THE NORTH 37FT OF LOT 38.
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
Listed By:
Joseph Lukeman · License #6501349281
(269) 598-6567
Added: Mar 15
Changed: Aug 22
Last Checked: Aug 23 at 8:06AM
MLS# 26009891
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Investment Insights
Based on property information with market context.
This three-story brick apartment building contains 15 units with a mix of 9 one-bedroom apartments, 5 two-bedroom apartments, and 1 four-bedroom apartment. Nine units have remodeled kitchens and bathrooms, while hardwood floors and built-in features remain in many residences. Electrical panel upgrades serve all 15 units, and 4 units include backup electric heating systems. The property also has 2 commercial water heaters, hot water heating, a rubber roof, and a driveway.
Located at 447 W Walnut Street in Kalamazoo’s Vine Neighborhood, the property occupies 0.31 acres and is connected to public sewer, with natural gas available. Certification extends through 7/31/27.
Located at 447 W Walnut Street in Kalamazoo’s Vine Neighborhood, the property occupies 0.31 acres and is connected to public sewer, with natural gas available. Certification extends through 7/31/27.
Key Highlights
- 15 units: 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom apartment
- Three‑story brick construction on a 0.31‑acre parcel
- Kitchen and bathroom remodels completed in 9 of 15 units
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
3,380
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 multifamily property with varied unit layouts, upgraded systems, and a driveway on a 0.31-acre parcel.
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 $975,000.
What are key features of this property?
This property features: 15 units: 9 one‑bedroom, 5 two‑bedroom, and 1 four‑bedroom apartment; Three‑story brick construction on a 0.31‑acre parcel; Kitchen and bathroom remodels completed in 9 of 15 units
