Apartment Community with Upgraded
For Sale
$2,300,000
4437 N Grand River Avenue Unit 4437, Lansing, MI 48906
Multi-building apartment property with an established unit mix and recent updates to major building systems.
Property Size115,983 SF
Price / SF$19.83
Days on Market319
Property Features for 4437 N Grand River Avenue Unit 4437
General Information
Standard status
Active
Size
115,983 SF
Property subtype
General Commercial
Additional Details
Multifamily Units
39
Taxes and HOA fees
Annual Taxes
$30,972
Amenities
Window Air Conditioning, Window/Wall Unit
3
Parking.
Lot, On Site.
3 contiguous parcels tota
Building Details
Year Built
1966
Buildings
3
Stories
2
Listing Agency:
Apex Appraisal Company LLC
(517) 487-0611
Listed By:
Benjamin Parker
(517) 290-5100
Source:
Xome
Added: Oct 19, 2025
Changed: Sep 2
Last Checked: Aug 31 at 2:17PM
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 Apex Appraisal Company LLC
Investment Insights
Based on property information with market context.
This apartment property includes 39 units distributed among three buildings constructed in 1966. The unit mix is predominantly two-bedroom, one-bath layouts, providing a consistent residential configuration across the community. On-site parking is available, and window or wall-mounted air-conditioning units are present.
Major mechanical and building-system work includes updates to the roof, boiler, water systems, and electrical panels. The property is positioned across from Capital Region International Airport, with the address at 4437 N Grand River Avenue in Lansing, Michigan.
Major mechanical and building-system work includes updates to the roof, boiler, water systems, and electrical panels. The property is positioned across from Capital Region International Airport, with the address at 4437 N Grand River Avenue in Lansing, Michigan.
Key Highlights
- 39‑unit apartment community arranged across 3 buildings
- Predominantly 2BR/1BA unit mix
- Roof, boiler, water, and electrical panel upgrades completed
Property Analytics
Property Profile
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 48906, MI
25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
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 - Multi-building apartment property with an established unit mix and recent updates to major building systems.
Where is this apartment building located?
The property is located at 4437 N Grand River Avenue Unit 4437 Lansing, MI.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 39‑unit apartment community arranged across 3 buildings; Predominantly 2BR/1BA unit mix; Roof, boiler, water, and electrical panel upgrades completed
