35-Unit Apartment
For Sale
Contact for pricing
321 N Butler Blvd, Lansing, MI 48915
Three updated apartment properties offer varied unit mixes, individual metering, laundry facilities, and ample parking.
Property SizeContact for details
Days on Market142
Property Features for 321 N Butler Blvd
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
35
Amenities
stainless steel appliances
washer/dryer hook-ups
dishwashers
individual entrances
coin operated laundry
ample parking
Listing Agency:
Hull Multifamily Advisors
Listed By:
Austin Hull · License #MI 6502430931
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 1:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hull Multifamily Advisors
Investment Insights
Based on property information with market context.
This 35-unit apartment portfolio includes three properties located within 5 miles of one another. Vincent Court contains 16 two-bedroom, one-bath apartments averaging 800 SF, with individual entrances, dishwashers, washer/dryer hookups, stainless steel appliances, updated kitchens, and new flooring. Water, gas, and electricity are individually metered, with tenants responsible for utility costs.
Butler Apartments offers 11 two-bedroom, one-bath units and one one-bedroom, one-bath unit, each averaging 850 SF. Improvements include updated kitchens, stainless steel appliances, and new flooring. Electricity is individually metered and tenant-paid, while the landlord provides hot-water baseboard boiler heat. Common-area coin-operated laundry and ample parking are provided.
Townsend Apartments adds two two-bedroom, one-bath units, four one-bedroom, one-bath units, and one studio. The property includes onsite coin-operated laundry and ample parking, with tenants paying electricity and the landlord paying water and gas. The portfolio is located close to downtown Lansing.
Butler Apartments offers 11 two-bedroom, one-bath units and one one-bedroom, one-bath unit, each averaging 850 SF. Improvements include updated kitchens, stainless steel appliances, and new flooring. Electricity is individually metered and tenant-paid, while the landlord provides hot-water baseboard boiler heat. Common-area coin-operated laundry and ample parking are provided.
Townsend Apartments adds two two-bedroom, one-bath units, four one-bedroom, one-bath units, and one studio. The property includes onsite coin-operated laundry and ample parking, with tenants paying electricity and the landlord paying water and gas. The portfolio is located close to downtown Lansing.
Key Highlights
- 35‑unit portfolio across 3 apartment properties within 5 miles of one another
- Vincent Court includes 16 two‑bedroom, one‑bath units averaging 800 SF
- Butler Apartments includes 11 two‑bedroom, one‑bath units and 1 one‑bedroom, one‑bath unit averaging 850 SF
Property Analytics
Property Profile
Current Use
Lease Details
35
Residential units
Location Intelligence
Trade Area within ½ mile
1,094
Businesses Nearby
Explore this area
Business Placement
Demographics for 48915, MI
9,176
Population
4,768
Households
1.9
Avg Household Size
35
Median Age
36%
College-Educated
90%
High-School Grad
1.8 sq mi
ZIP Area
5,098
Density / Sq Mi
$51,653
Median Household Income
$34,460
Median Earnings
$1,087
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three updated apartment properties offer varied unit mixes, individual metering, laundry facilities, and ample parking.
Where is this apartment building located?
The property is located at 321 N Butler Blvd Lansing, MI.
What are key features of this property?
This property features: 35‑unit portfolio across 3 apartment properties within 5 miles of one another; Vincent Court includes 16 two‑bedroom, one‑bath units averaging 800 SF; Butler Apartments includes 11 two‑bedroom, one‑bath units and 1 one‑bedroom, one‑bath unit averaging 850 SF
