Historic 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 Market160
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
Bedroom 19, Bedroom 18, Bedroom 7, Bedroom 10, Bedroom 9, Bedroom 14, Bathroom 12, Bathroom 8, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 5, Bedroom 4, Bedroom 6, Bathroom 6, Bathroom 7, Bedroom 8, Bedroom 15, Bathroom 10, Bedroom 11, Bathroom 11, Bedroom 17, Bathroom 4, Bedroom 16, Bathroom 1, Bathroom 2, Bathroom 9, Bedroom 13, Bedroom 3, Bedroom 5, Bedroom 12
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 5
Last Checked: Aug 21 at 2:06PM
MLS# 26009891
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Investment Insights
Based on property information with market context.
Historic 15-unit, three-story brick apartment building built in 1905, offering a mix of 1-, 2-, and 4-bedroom units. The property includes hardwood floors and built-ins in many units, with 9 of the 15 units having kitchen and bathroom remodels. Building systems have been updated with new electrical panel upgrades for all 15 units, along with back up electric heating systems in 4 units and 2 commercial water heaters.
The building is located at 447 W Walnut Street in Kalamazoo, with 0.31 acres and driveway parking. Heating is provided via hot water, and utilities include natural gas availability with public sewer service. Roof materials are listed as rubber.
Unit distribution includes 9 one-bedroom units, 5 two-bedroom units, and 1 four-bedroom unit. Certification is noted through 7/31/27, and the building is described as historically fully occupied.
The building is located at 447 W Walnut Street in Kalamazoo, with 0.31 acres and driveway parking. Heating is provided via hot water, and utilities include natural gas availability with public sewer service. Roof materials are listed as rubber.
Unit distribution includes 9 one-bedroom units, 5 two-bedroom units, and 1 four-bedroom unit. Certification is noted through 7/31/27, and the building is described as historically fully occupied.
Key Highlights
- Three‑story 15‑unit brick apartment building built in 1905
- 9 one‑bedroom units, 5 two‑bedroom units, and 1 four‑bedroom unit
- Kitchen and bathroom remodels in 9 of the 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 brick multifamily with 15 units, including 9 remodeled kitchens and bathrooms and electrical panel upgrades throughout.
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: Three‑story 15‑unit brick apartment building built in 1905; 9 one‑bedroom units, 5 two‑bedroom units, and 1 four‑bedroom unit; Kitchen and bathroom remodels in 9 of the 15 units
