$1,200,000
Kalamazoo, MI 49007
MLS# 26009891
1 / 23
Property Description
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.
Details
Maps
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: $1,200,000
List Price: $1,200,000
Listing Date: 2026-03-15
General Property Info
Lot Measurement: Acres
Lot Square Footage: 13504
Lot Acres: 0.31
Lot Dimensions: 132x103
Year Built: 1905
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2027-07-31
Road Frontage: 132
Total # Units: 15
# of Diff Unit Floor Plans: 15
Total # Bldgs: 1
Total Parking Spaces: 3
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 06-22-115-050
Taxable Value: 170086
SEV: 331100
For Tax Year: 2025
Seller's Annual Property Tax: 11758.41
Tax Year: 2025
Spec Assessment & Ty: none known
Zoning: LW1
Access Feat
Accessibility Features: No
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
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
Listing Office: Lukeman Group LLC
Listing Agent: Joseph Lukeman
Last Updated: March - 17 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
