Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    421 N Pennsylvania Ave Lansing, MI 48912

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $81,400

    Multifamily property featuring three units with convenient commercial area access.

    Lot size:
    0.13 Acres

    Property Features for 421 N Pennsylvania Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1912

    Source: Realhome Services and Solutions Inc Agent Lori A Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property with Three Units

    This multifamily property features three units, each containing three bedrooms and one bathroom. The property provides convenient access to commercial areas. It is being sold AS-IS, without contingencies, repairs, warranties, guarantees, or representation as to listing accuracy, property information, photo or other depiction included or described herein. Prospective buyers are advised to inspect the property before bidding.
    Location Intelligence

    Current Use by Public Records

    A & A Comic Book Store Comic Book Store

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -84.53847
    Latitude
    42.737938

    Nearby Similar for Sale

    • $265,000
      Pending

      Grand River Terrace Duplex Opportunity

      Brick front duplex in Lansing with income potential and modern amenities.
      1104 Downer Ave, Lansing, MI 48912
      View Details
    • $165,000
      0.15 Acres

      Lansing Multifamily Investment Opportunity

      Four-unit multifamily property near U of M Health - Sparrow Hospital.
      602 N Pennsylvania Ave, Lansing, MI 48912
      View Details
    • New
      $652,000
      14,388 SF

      Historic REO Town Marketplace Building

      Unique 14,388 SF building in Lansing's REO Town.
      1023 S Washington Ave, Lansing, MI 48910
      View Details
    • New
      $219,900
      Pending

      Well-Maintained Duplex in Lansing

      Duplex with investment potential, updated mechanicals, and strong rental upside.
      1600 Lockbridge Dr, Lansing, MI 48911
      View Details
    • New
      $290,000
      0.15 Acres

      Two Homes on One Lot

      Two homes on one lot, ideal for living or investment.
      215 Winifred Ave, Lansing, MI 48917
      View Details
    • $1,950,000
      25,986 SF

      Grand Riverfront Commercial Opportunity

      Over 25,000 SF of flexible space in Lansing, MI.
      1212 S Washington Ave Ave, Lansing, MI 48910
      View Details

    FAQs

    What type of property is this?
    Triplex - Multifamily property featuring three units with convenient commercial area access.
    Where is this triplex located?
    The property is located at 421 N Pennsylvania Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $81,400.
    What are key features of this property?
    This property features: - Multifamily property, an attractive investment opportunity.; - Each unit features three bedrooms and one bathroom.; - Easy access to commercial areas.
    (678) 830-2332
    Request Owner's contact information
    421 N Pennsylvania Ave Lansing, MI 48912
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    421 N Pennsylvania Ave
    Lansing, MI 48912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    421 N Pennsylvania Ave Lansing, MI 48912
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.