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


$950,000
447 W Walnut Street
Kalamazoo, MI 49007
MLS# 26048453



Walnut Front
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Walnut Front Ariel View Unit #6 Unit #6 Unit #6 Unit #6 Unit #6 Unit #6 Unit #7 Unit #7 Photo Jul 26 2024, 11 20 15 AM Photo Mar 17, 3 16 31 PM Photo Mar 17, 3 17 19 PM Photo Nov 14 2023, 2 35 34 PM Photo Nov 14 2023, 2 36 05 PM Photo Nov 14 2023, 2 36 25 PM Photo Jun 01, 4 41 03 PM Photo Jun 01, 4 41 23 PM Photo Jun 01, 4 41 35 PM 447 Walnut 2 Photo Feb 24 2026, 1 21 48 PM Photo Feb 24 2026, 1 22 21 PM Photo Feb 24 2026, 1 22 31 PM

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.

Details
Location & Property Info
Cross Streets: S Westnedge and S Park St.
Property Sub-Type: 5+ Units
Municipality: Kalamazoo City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 132x103
Financial Available: Yes
Road Frontage: 132
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-07-31
Waterfront: No
Basement: No
Total # Units: 15
# of Diff Unit Floor Plans: 15
Total # Bldgs: 1
Total Parking Spaces: 3
School District: Kalamazoo
Lot Measurement: Acres
Lot Square Footage: 13504
Lot Acres: 0.31
Year Built: 1905
Tax Info
Taxable Value: 170086
SEV: 331100
For Tax Year: 2025
Seller's Annual Property Tax: 11758.41
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: LW1
Tax ID #: 39-06-22-115-050
Remarks & Misc
Public Remarks: 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.
Legal: KALAMAZOO INSTITUTE ADDITION, Liber K of Plats Page 295; Lot 39 & the North 37ft of Lot 38.
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 1
Exterior Material
Brick: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Hot Water: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Gravel: 1
Substructure
Full: 1
Owner Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: First Floor 1 BR
Occupied: Yes
Monthly Rent: 895
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: First Floor 2 BR
Occupied: Yes
Monthly Rent: 1170
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: First Floor 1 BR
Occupied: Yes
Monthly Rent: 850
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: First Floor 2 BR
Occupied: Yes
Monthly Rent: 1040
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: 2nd Floor 4 BR
Occupied: Yes
Monthly Rent: 1450
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: 2nd Floor 1 BR
Occupied: Yes
Monthly Rent: 875
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 7
Unit Description: 2nd Floor 2 BR
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 900
Unit 8
Unit #: 8
Unit Description: 3rd Floor 2 BR
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 9
Unit #: 9
Unit Description: 3rd Floor 1 BR
Occupied: Yes
Monthly Rent: 875
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 10
Unit #: 10
Unit Description: 3rd Floor 1 BR
Occupied: Yes
Monthly Rent: 950
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 11
Unit #: 11
Unit Description: 3rd Floor 1 BR
Occupied: Yes
Monthly Rent: 725
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 12
Unit #: 12
Unit Description: 3rd FLoor 1 BR
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 447
Street Direction: W
Street Name: Walnut
Suffix: Street
State: MI
Zip Code: 49007
Zip (4): 5181
OfficeContract Info
Status: Active
Current Price: $950,000
List Price: $950,000
Listing Date: 2026-09-11
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

IDX
Listing Office: Lukeman Group LLC
Listing Agent: Joseph Lukeman
Source MLS Verified

Last Updated: October - 06 - 2026

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