Property Type:
Multi Family
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$1,200,000
List Date:
3/15/2026
Last Modified:
3/17/2026
447 W Walnut Street, Kalamazoo, MI 49007
$1,200,000
Overview
Description
Unique opportunity to own an historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 9 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.
Listing Details MLS# 26009891
Location Property Info
- County
- Kalamazoo
- Street #
- 447
- Street Direction
- W
- Street Name
- Walnut
- Suffix
- Street
- State
- MI
- Zip Code
- 49007
- Zip (4)
- 5181
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 13504
- Lot Acres
- 0.31
- Lot Dimensions
- 132x103
- Year Built
- 1905
- New Construction
- No
- Financial Available
- Yes
- Cert of Compliance
- Yes
- Cert. of Compliance Exp Date
- 2027-07-31
- Road Frontage
- 132
- Total # Units
- 15
- # of Diff Unit Floor Plans
- 15
- Total # Bldgs
- Yes
- Total Parking Spaces
- 3
- Waterfront
- No
- School District
- Kalamazoo
- Basement
- No
Tax Info
- Tax ID #
- 06-22-115-050
- Taxable Value
- 170086
- SEV
- 331100
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 11758.41
- Tax Year
- 2025
- Spec Assessment & Ty
- none known
- Zoning
- LW1
- Homestead %
- 0
Access Feat
- Accessibility Features
- No
Unit 1
- Unit Description
- First Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 895
- Bathrooms
- Yes
- Full Baths
- Yes
More Information
Unit 2
- Unit #
- 2
- Unit Description
- First Floor 2 BR
- Occupied
- Yes
- Monthly Rent
- 1170
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- First Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 850
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit #
- 4
- Unit Description
- First Floor 2 BR
- Occupied
- Yes
- Monthly Rent
- 1040
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit #
- 5
- Unit Description
- 2nd Floor 4 BR
- Occupied
- Yes
- Monthly Rent
- 1450
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 6
- Unit #
- 6
- Unit Description
- 2nd Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 875
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 7
- Unit #
- 7
- Unit Description
- 2nd Floor 2 BR
- Occupied
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
- Monthly Rent
- 900
Unit 8
- Unit #
- 8
- Unit Description
- 3rd Floor 2 BR
- Occupied
- Yes
- Monthly Rent
- 1100
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 9
- Unit #
- 9
- Unit Description
- 3rd Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 875
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 10
- Unit #
- 10
- Unit Description
- 3rd Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 950
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 11
- Unit #
- 11
- Unit Description
- 3rd Floor 1 BR
- Occupied
- Yes
- Monthly Rent
- 725
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 12
- Unit #
- 12
- Unit Description
- 3rd FLoor 1 BR
- Monthly Rent
- 825
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- S Westnedge and S Park
- Property Sub-Type
- 5+ Units
- Municipality
- Kalamazoo City
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- Unique opportunity to own an historical gem in the heart of Kalamazoo's Vine Neighborhood. This 15 unit 3 story brick apartment building has had significant capital improvements over the years while maintaining it's 1907 character. 9 of the 15 units have had kitchen and bathroom remodels. Hardwood floors and built ins are featured in many units. Building features (9) 1 bedroom units, (5) 2 bedroom units, and a 4 bedroom unit. New electrical panel upgrades for all 15 units, back up electric heating systems in 4 units and 2 commercial water heaters, Rents have increased year over year. Historically fully occupied. Certification through 7/31/27. Seller is a licensed Realtor in the State of MI.
- Legal
- 27036 KALAMAZOO INSTITUTE ADDITION, LIBER K OF PLATS PAGE 295; LOT 39 & THE NORTH 37FT OF LOT 38.
Lot Description
- Corner Lot
- Yes
Street Type
- Paved
- Yes
Util Avail at Street
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- Unknown
- Yes
Laundry Features
- Common Area
- Yes
- In Basement
- Yes
Exterior Material
- Brick
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Hot Water
- Yes
Air Conditioning
- None
- Yes
Tenant Pays
- Electric
- Yes
Driveway
- Gravel
- Yes
Substructure
- Full
- Yes
Owner Pays
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Common Area; In Basement
Exterior Material:
Brick
Roofing:
Rubber
Substructure:
Full
Lot Description:
Corner Lot
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at Street:
Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays:
Gas; Sewer; Trash Collection; Water
Tenant Pays:
Electric
Heat Source:
Natural Gas
Heat Type:
Hot Water
Air Conditioning:
None
Driveway:
Gravel
Street Type:
Paved
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional
Possession:
Close Of Escrow
Sale Conditions:
None
Listing Office:
Lukeman Group LLC
Listing Agent:
Joseph Lukeman
Last Updated: March - 17 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
