Address
447 W Walnut Street, Kalamazoo, MI
Price
$ 975,000
Property Attributes
- MLS#26048453
- TypeMulti-Family
- Listing Status Active
- CountyKALAMAZOO
- CityKalamazoo
- AreaKalamazoo City
- NeighborhoodKalamazoo City
- Zip49007
- Style5+ Units
- Year Built1905
- Taxes$ 11758
- Price$ 975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.31 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property 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.
| Price History | |
|---|---|
| 9/11/2026 | Listed $975,000 |
General Features
| 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 |
| OwnerPays | Trash Collection,Water,Sewer,Gas |
| County | Kalamazoo |
| New Construction | No |
| Property Type | Multi Family |
| Attached Garage | No |
| 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 | No |
| Tax Annual Amount | 11758.41 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 170086 |
| MobileHomeRemainsYN | No |
| Legal Description | KALAMAZOO INSTITUTE ADDITION,Liber K of Plats Page 295; Lot 39 & the North 37ft of Lot 38. |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Laundry Features | Common Area,In Basement |
Exterior Features
| Parking Features | Driveway,Gravel |
|---|---|
| Lot Features | Corner Lot |
| Total Parking | 3.0 |
| Lot Size Area | 0.31 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 132x103 |
| Lot Size Acres | 0.31 |
| Road Surface Type | Paved |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 49007
Price
Taxes
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 27, 2026 7:20 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
