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  • $649,900

    415 W Walnut St, Kalamazoo, MI 49007

    9beds
    9baths
    5,800sqft
    : 
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    5+ Units
    Built in 1900
    -- sqft lot
    $593,300 Zestimate®
    $112/sqft
    $-- HOA

    What's special

    Modern lightingNew plumbingNew kitchens and appliancesUpdated bathroomsNew flooring
    Turnkey investment opportunity in the heart of Kalamazoo's sought-after Vine Neighborhood! Ideally located just minutes from parks, restaurants, hospitals, universities, and local shops, this well-positioned property offers both convenience and strong rental appeal. The building features 9 total units--8 studio apartments and 1 one-bedroom unit, making it an excellent addition to any portfolio. Recently updated throughout, each unit showcases new kitchens & appliances, updated bathrooms, new flooring, and modern lighting, creating a clean, low-maintenance living space tenants will appreciate. Major capital improvements have already been completed, including new plumbing and updated electrical systems with separate electrical boxes, offering added efficiency, reliability, and ease of management. With its prime location near major employment and education hubs, combined with extensive updates inside and out, this property is positioned for strong occupancy and long-term performance.
    65 days
    |
    162
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles Teunis 616-706-3283,

    Bellabay Realty LLC 616-871-9200

    Source: MichRIC,MLS#: 26018721MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 9
      Heating
      • Baseboard
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 5,800 sqft

      Property

      Parking
      • Total spaces: 20
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 43 x 165
      Details
      • Parcel number: 0622116005
      • Zoning description: RM- Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Units
      Materials
      • Aluminum Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected

      Community & HOA

      Location
      • Region: Kalamazoo

      Financial & listing details

      • Price per square foot: $112/sqft
      • Tax assessed value: $77,663
      • Annual tax amount: $6,563
      • Date on market: 4/29/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity
      • Electric utility on property: Yes

        Estimated market value

        $593,300

        $564,000 - $623,000

        $1,032/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$649,900$112/sqft
        Source: MichRIC #26018721 Report a problem
        3/29/2026Listing removed$649,900$112/sqft
        Source: MichRIC #25046526 Report a problem
        3/10/2026Price change$649,900-3.7%$112/sqft
        Source: MichRIC #25046526 Report a problem
        10/27/2025Price change$674,900-12.9%$116/sqft
        Source: MichRIC #25046526 Report a problem
        9/10/2025Listed for sale$775,000+210%$134/sqft
        Source: MichRIC #25046526 Report a problem
        4/14/2022Sold$250,000+123.2%$43/sqft
        Source: Public Record Report a problem
        8/13/2009Sold$112,000-2.1%$19/sqft
        Source: Public Record Report a problem
        7/25/2008Sold$114,355-32.7%$20/sqft
        Source: Public Record Report a problem
        6/23/2003Sold$170,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,563 -39%$80,500 +2.2%
        2024$10,762 $78,800 -38.4%
        2023-- $127,900 +26.4%
        2022-- $101,200 +9.9%
        2021-- $92,100 +7.6%
        2020-- $85,600 +6.5%
        2018-- $80,400 +2.8%
        2017$4,526 $78,200 +14%
        2016$4,526 $68,600 +1.2%
        2015$4,526 $67,800 +6.4%
        2014$4,526 $63,700 -15.6%
        2008-- $75,500 +34.8%
        2004-- $56,000 +10.2%
        2003-- $50,800 +5.6%
        2002-- $48,100 +4%
        2001-- $46,250

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Vine

        Getting around

        88 / 100
        Very Walkable
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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