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.
Active
$649,900
415 W Walnut St, Kalamazoo, MI 49007
9beds
9baths
5,800sqft
Est.:
5+ Units
Built in 1900
-- sqft lot
$611,600 Zestimate®
$112/sqft
$-- HOA
What's special
Modern lightingNew plumbingNew kitchens and appliancesUpdated bathroomsNew flooring
- 22 hours |
- 78 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Charles Teunis 616-706-3283,
Bellabay Realty LLC 616-871-9200
Source: MichRIC,MLS#: 26018721
Tour with a local agent
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: 6,969.6 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
$611,600
$581,000 - $642,000
$1,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Listed for sale | $649,900$112/sqft |
Source: | ||
| 3/29/2026 | Listing removed | $649,900$112/sqft |
Source: | ||
| 3/10/2026 | Price change | $649,900-3.7%$112/sqft |
Source: | ||
| 10/27/2025 | Price change | $674,900-12.9%$116/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $775,000+210%$134/sqft |
Source: | ||
| 4/14/2022 | Sold | $250,000+123.2%$43/sqft |
Source: Public Record Report a problem | ||
| 8/13/2009 | Sold | $112,000-2.1%$19/sqft |
Source: Public Record Report a problem | ||
| 7/25/2008 | Sold | $114,355-32.7%$20/sqft |
Source: Public Record Report a problem | ||
| 6/23/2003 | Sold | $170,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
$3,892/mo
Principal & interest
$3150
Property taxes
$742
More affordability tools
Climate risks
Neighborhood: Vine
Nearby schools
GreatSchools rating
- 6/10Woods Lake Elementary:A Magnet Center For The ArtsGrades: PK-5Distance: 2.3 mi
- 6/10Maple Street Magnet School For The ArtsGrades: 6-8Distance: 1 mi
- 8/10Loy Norrix High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Kalamazoo County
- Kalamazoo
- 49007
- Vine
- 415 W Walnut St






