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    533 Stone Ridge Dr Lansing, MI 48917

    New
    Under Contract
    For Sale
    $339,000

    MULTI_FAMILY - Other - Lansing, MI

    Lot size:
    0.43 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 533 Stone Ridge Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4
    Bathrooms
    4
    APN
    040-074-500-040-00
    Parking
    8
    Parking features
    Open, Garage, Parking Lot, Off Street
    Basement
    Full
    Appliances
    Refrigerator, Disposal, Cooktop, Gas Water Heater
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1971
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Laminate, Carpet, Vinyl
    Building materials
    Aluminum Siding, Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Realty (517) 853-1200 [email protected]

    Listing agent Mike Campbell (517) 204-5557 License #6501377932

    Listing date Dec 1, 2025

    Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated 5-Unit Multifamily Property

    Located at 533 Stone Ridge Drive in Lansing, MI, this multifamily property in Delta Township features five units and has been fully updated. The property is situated on a 0.43-acre lot. It generates positive cash flow with a history of low vacancy and consistent tenant demand. Recent updates and low-maintenance interior and exterior finishes minimize expenses and simplify management, making this a turnkey investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.637015
    Latitude
    42.739644

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    FAQs

    What type of property is this?
    Apartment building - Updated 5-unit multifamily property in Lansing's Delta Township.
    Where is this apartment building located?
    The property is located at 533 Stone Ridge Dr Lansing, MI.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Fully updated 5-unit multifamily property with strong, consistent returns and excellent positive cash flow.; - Proven history of low vacancy and steady tenant demand.; - Low-maintenance interior and exterior finishes minimize expenses and simplify management.
    (517) 204-5557
    Request Owner's contact information
    533 Stone Ridge Dr Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    533 Stone Ridge Dr Lansing, MI 48917
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