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415 W Walnut St, Kalamazoo, MI, 49007

9beds
9baths
5,800sqft
$649,900
$112price/sqft
$5,299/moest. monthly cost
$211,960/yrincome needed

About This Home

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.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Units

Interior

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9

Heating

  • Heating features: Baseboard

Interior Area

  • Total interior livable area: 5,800 sqft

Property

Details

  • Parcel number: 0622116005
  • Zoning description: RM- Residential

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 43 x 165

Parking

  • Total spaces: 20