15-Unit Historic 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 Market17
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 11, Bathroom 10, Bedroom 9, Bedroom 3, Bathroom 12, Bedroom 7, Bedroom 13, Bathroom 3, Bedroom 14, Bedroom 11, Bedroom 16, Bedroom 2, Bathroom 5, Bathroom 2, Bedroom 18, Bedroom 17, Bathroom 4, Bathroom 9, Bedroom 15, Bedroom 19, Bedroom 5, Bedroom 12, Bedroom 1, Bedroom 4, Bedroom 8, Bathroom 1, Bedroom 10, Bathroom 7, Bathroom 8, Bathroom 6, Bedroom 6
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
39-06-22-115-050
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KALAMAZOO INSTITUTE ADDITION, Liber K of Plats Page 295; Lot 39 & the North 37ft of Lot 38.
Tax Annual Amount
11758
Legal Description
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
Listed By:
Joseph Lukeman · License #6501349281
(269) 598-6567
Added: Sep 11
Changed: Sep 22
Last Checked: Sep 27 at 12:06PM
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.
Investment Insights
Based on property information with market context.
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
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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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 $975,000.
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
