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17-Unit Apartment Building
For Sale
$1,050,000

3330 S Pennsylvania Ave, Lansing, MI 48910

Fully occupied multifamily property with on-site laundry, off-street parking, and completed building improvements.

Property SizeContact for details
Days on Market9

Property Features for 3330 S Pennsylvania Ave

General Information

Standard status Active
Class C
Property subtype Multifamily
Zoning MX-C
Occupancy 100%

Units

Unit Mix 17 x 1BR
Multifamily Units 17

Additional Details

Sprinkler System Yes

Amenities

on-site laundry
off-street parking
security cameras

Building Details

Year Built 1966
Buildings 1
Listing Agency: Woodworth Commercial LLC
Listed By: Todd M. Kosta · License #6501346341
Source: Cpix.resimplifi
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 24 at 6:36AM

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 Woodworth Commercial LLC

Investment Insights

Based on property information with market context.

This 17-unit apartment property in Lansing includes an all one-bedroom unit mix and was built in 1966. The building is fully occupied and offers on-site laundry along with off-street parking behind the property. Capital work has included electrical panel replacements throughout the units, plumbing fixture replacements, common-area carpet and paint updates, drain maintenance, retaining wall repairs, sprinkler head replacements, and security cameras. Many apartments also feature refreshed bathrooms, updated kitchens, vinyl plank flooring, and select replacement windows.

The property is located at 3330 S Pennsylvania Ave and directly adjoins Poxson Park, a 13-acre neighborhood park. MX-C zoning applies to the property. The combination of a single-bedroom configuration, full occupancy, on-site amenities, and completed physical upgrades provides a clearly defined multifamily offering.

Key Highlights

  • 17 one‑bedroom apartment units
  • 100% occupancy
  • New electrical panels installed in all units

Property Analytics

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Current Use

Poxson Park Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 48910, MI

33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with on-site laundry, off-street parking, and completed building improvements.
Where is this apartment building located?
The property is located at 3330 S Pennsylvania Ave Lansing, MI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 17 one‑bedroom apartment units; 100% occupancy; New electrical panels installed in all units
More about this property
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