Ingham County, MI Apartment Buildings for Sale

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Updated: Nov 21, 2025

Lansing Multifamily Investment Opportunity

909 E Jolly Rd, Lansing, MI 48910

$999,700

11,215 sqft

Prime location near Jolly and Pennsylvania with easy access to I‑96 and US‑127/I‑496, Mejier, retailers, restaurants and banks.
Excellent investment opportunity with strong rental history and income potential.
Fully occupied with 100% occupancy.
Upside rental increase potential.
Attractive unit layout and design.

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This listing looks promising.

Here's a quick look at some key insights for

909 E Jolly Rd, Lansing, MI 48910

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$91K
Annual
Price @ 7% Cap

$1.3M
Above asking
Property Type

Multi-Family Dwellings
Built 1963

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Updated: Jan 8

Two-Story Multifamily Building

401 E Willard Ave, Lansing, MI 48910

$1,200,000

11,042 sqft 0.43 AC lot

11,042 SF, two‑story brick multifamily built in 1969 on an approximately 0.43‑acre site with garden‑level units
Unit mix includes 16 two‑bedroom units and 2 one‑bedroom units
Approximately 94% occupancy with 30 parking spaces on site
Recent capital improvements include a new roof, gutters, and downspouts; five units renovated
Tenant‑paid electricity (landlord covers remaining utilities) to help support stable operations

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Professionally Managed Five-Unit Building

916 W Ottawa Street, Lansing, MI 48915

$349,900

1,941 sqft

Five-unit apartment building in good overall condition with professionally managed, long-term tenant occupancy.

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Two-Building Apartment Portfolio

829 E Shiawassee Street, Lansing, MI 48912

$1,250,000

13,580 sqft

Contiguous multifamily buildings feature new high-efficiency boilers with landlord-paid heat, water, and trash service.

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30-Unit Apartment Buildings

906 E Shiawassee Street, Lansing, MI 48912

$1,950,000

17,058 sqft

Two separate buildings offer covered parking, with water, sewer, and heat paid by the landlord.

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Two-Building Apartment Portfolio

906 E Shiawassee Street Unit 906, Lansing, MI 48912

$1,950,000

8,259 sqft

Two apartment buildings offer 30 total units, with covered parking at the 22-unit property.

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Contiguous Multifamily Portfolio

829 E Shiawassee Street Unit 829, Lansing, MI 48912

$1,250,000

6,790 sqft

Two adjacent multifamily properties offer a total of 21 units with newer high-efficiency boilers and landlord-paid heat, water, and trash.

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Renovated 5-Unit Apartment Building

819 Vine Street, Lansing, MI 48912

$349,900

5,316 sqft

Completely renovated 5-unit building with a basement studio and one-bed, one-bath layouts in each unit.

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12-Unit Multifamily Workforce Housing

3501 Simken Drive, Lansing, MI 48910

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11,598 sqft

Twelve-unit multifamily property offered for sale in Lansing, Michigan.

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Downtown Mixed-Use Building

329-337 S Washington Square, Lansing, MI 48933

$1,891,900

Mixed-use property with nine loft-style apartments and ground-floor retail, plus 11 on-site parking spaces.

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Renovated Apartment Complex

4601 S Martin Luther King Jr Blvd, Lansing, MI 48910

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19,749 sqft

Recently renovated apartment complex with six buildings totaling 24 units across spacious 2-bedroom, 1-bath layouts.

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129-Unit Garden-Style Apartments

3313 W. Mount Hope Avenue, Lansing, MI 48911

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7.49 AC lot

A four-plan unit mix includes individually metered electricity and on-site parking.

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24-Unit Apartment Complex For Sale

4601 S Martin Luther King Jr Blvd, Lansing, MI 48910

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17,749 sqft

24-unit apartment complex available for purchase.

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Renovated 5-Unit Residential Investment Property

819 Vine Street, Lansing, MI 48912

$369,900

0.15 AC lot

Completely renovated 5-unit property near University of Michigan.

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7-Unit Apartment Portfolio

517 N Chestnut St, Lansing, MI 48933

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Two multifamily properties received capital improvements in 2021.

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35-Unit Apartment Portfolio

321 N Butler Blvd, Lansing, MI 48915

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Three updated apartment properties offer varied unit mixes, individual metering, laundry facilities, and ample parking.

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Three-Property Multifamily Portfolio

1115 Dorchester Circle, Lansing, MI 48910

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Three-property, 282-unit multifamily portfolio with two assets located in a State-designated Opportunity Zone.

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Birch Tree Apartment Buildings

6129 Beechfield Dr, Lansing, MI 48911

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Multifamily property positioned on Beechfield Drive in Lansing.

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Turn-Key 8-Unit Apartment Building

Haslett, MI 48840

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Fully occupied 8-unit apartment building with renovations over the past five years and 2021 roof and parking lot replacements.

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Red Cedar Flats Mixed-Use Property

4970 Northwind Dr, East Lansing, MI 48823

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Multifamily community with occupied commercial suites and additional space planned for an exercise and fitness tenant.

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136-Unit Apartment Portfolio

3013 Belmar Cir, Lansing, MI 48912

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Three stabilized properties offer student and conventional housing near Michigan State University and area freeways.

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New Construction Apartment Building

1925 W Holmes Rd, Lansing, MI 48910

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Residences feature finished basements, in-unit laundry, new appliances, and tenant-paid utilities.

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Walden Woods Apartment Building

2345 N Harrison Rd, East Lansing, MI 48823

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Multifamily property with one- and two-bedroom units located 2 miles from Michigan State University.

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Highland Apartment Building

224 Highland Ave, East Lansing, MI 48823

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58-unit community positioned for conventional and student-oriented housing near Michigan State University.

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Ingham County, MI Apartment Buildings Market Trends and Statistics

Explore 33 apartment buildings for sale in Ingham County, MI, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 124,297 square feet of properties for sale, with an estimated market value of $11,561,300.

Sale prices for two-family homes in Ingham County, MI start at $349,900, averaging $1,156,130, and reaching up to $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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