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Price cut: $100K (5/12)

$1,100,000

447 W Walnut St, Kalamazoo, MI 49007

19beds

12baths

--sqft

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5+ Units

Built in 1905

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Bathroom remodelsHardwood floorsBuilt ins

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.

111 days

479

27

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 12

Heating

Hot Water

Cooling

None

Appliances

Laundry: Common Area, In Basement

Features

Basement: Full

Property

Parking

Total spaces: 3
Parking features: Driveway, Gravel

Lot

Size: 0.31 Acres
Dimensions: 132 x 103
Features: Corner Lot

Details

Parcel number: 0622115050
Zoning description: LW1

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Units

Materials

Brick
Roof: Rubber

Condition

New construction: No
Year built: 1905

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Kalamazoo

Financial & listing details

Tax assessed value: $170,086
Annual tax amount: $11,758
Date on market: 3/15/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,055/mo

Price history

Date	Event	Price
5/12/2026	Price change	$1,100,000-8.3%
Source: MichRIC #26009891 Report a problem
3/15/2026	Listed for sale	$1,200,000
Source: MichRIC #26009891 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,418 +4.8%	$331,100 -1.2%
2024	$10,890	$335,000 +11.7%
2023	--	$300,000 +28%
2022	--	$234,400 +10%
2021	--	$213,100 +8.2%
2020	--	$197,000 +18.5%
2018	--	$166,200 +3%
2017	$10,768	$161,300 -1.2%
2016	$10,768	$163,300 +1.2%
2015	$10,768	$161,300 +7.1%
2014	$10,768	$150,600

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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.

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