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Listing provided courtesy of Bellabay Realty LLC- MLS# 26018721MLS Provider

415 W Walnut StreetKalamazoo, MI 49007

Multi-Family · 0.16 Acres
$649,900 Active

415 W Walnut Street Overview

Time on Site:
61 days
Visits:
0

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.

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415 W Walnut Street Facts & Features

  • Type Multi-Family
  • Lot 0.16 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Kalamazoo

Rent/Lease Information

  • Tenant Pays: Electric

Tax Information

  • Tax Annual Amount: 6563.0

General Information

  • Parcel Number: 06-22-116-005
  • Property Sub Type: 5+ Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

    Exterior

    Lot Information

    • Lot Size Acres: 0.16
    • Lot Size Area: 0.16
    • Lot Size Dimensions: 43x165
    • Lot Size Square Feet: 6970.0
    • Lot Size Units: Acres

    Waterfront/View

    • Waterfront: No

    Building Exterior/Construction

    • Construction Materials: Aluminum Siding
    • Roof: Composition

    General Information

    • Number Of Units Total: 9
    • Utilities: Phone Available,Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected

    415 W Walnut Street Neighborhood

    Community

    49007 (Kalamazoo) Demographics

    27
    Median Age
    3,006
    Population Density (per sq. mile)
    28%
    College Educated
    $34,033
    Estimated Median Income
    1,189
    Estimated Total Home Owners
    3,080
    Estimated Total Renters
    28% / 72%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    415 W Walnut Street Monthly Cost

    $
    $ %
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    $
    $
    Randall Fowlkes
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    415 W Walnut Street Market Data

    Based on the last 30 days in this zip code

    $173,054
    Average List Price
    $120
    Average Price per Square Foot
    10
    Properties Sold
    98
    Average Days on Market
    61
    Properties for Sale
    Calculations provided by Reliance Network