447 W Walnut Street, Kalamazoo, MI 49007 (MLS# 26048453)

447 W Walnut Street, Kalamazoo, MI 49007

New Listing

$975,000

Property Type: Multi Family Lot Size (sq. ft.): 13,504 Status: Active

Current Price: $975,000 List Date: 9/11/2026 Last Modified: 9/11/2026

Overview

Description

Unique opportunity to own this 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. 10 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# 26048453

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

Tax Info

Tax ID #: 39-06-22-115-050
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

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

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: September - 11 - 2026

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