447 W Walnut Street Kalamazoo, MI $ 1,200,000
447 W Walnut Street
$ 1,200,000
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447 W Walnut Street

Kalamazoo, MI, 49007
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,389

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Studio

Multi-Family Home for sale in Kalamazoo, MI

for $1,200,000. This home was built in 1905 on a lot size of 0.31.

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.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,758

Style

5+ Units

Lot Size

0.31

Year Built

1905

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

26009891

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling None
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow
Roof Rubber
Construction Materials Brick
Exclusions W/D's owned by 3rd party
Year Built 1905
Tenant Pays Electric
Township Kalamazoo City
Property Subtype 5+ Units
Tax Year 2025
Ownership Private Owned
County Kalamazoo
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
City Kalamazoo
High School District Kalamazoo
Zoning Description LW1
Number Of Units Total 15
Lot Size Units Acres
Lot Size Square Feet 13504.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 11758.41
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 170086
Legal Description 27036 KALAMAZOO INSTITUTE ADDITION LIBER K OF PLATS PAGE 295; LOT 39 & THE NORTH 37FT OF LOT 38.
Senior Community None
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Interior
Basement Full
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Common Area In Basement
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Lot Features Corner Lot
Total Parking 3.0
Lot Size Area 0.31
Number of Buildings 1
Spa N
Lot Dimensions 132x103
Lot Size Acres 0.31
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 447
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* Excluded Features
List By
Lukeman Group Llc

Broker

jlukeman@lukemangroup.com

Email

Affordability Calculator

$8,368
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$980
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2026$1,200,000 Listed Price

Map


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447 W Walnut Street, Kalamazoo, MI, 49007 is a Multi-Family Home for sale at $1,200,000 with a lot size of 0.31. 447 W Walnut Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 49007 which is in Kalamazoo, MI