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9-Unit Apartment Building

4823 S PENNSYLVANIA AVE, Lansing, MI 48910

For Sale
Contact for pricing

The property is fully occupied and includes updated in-unit features and new water heaters.

Property SizeContact for details
Days on Market58

Property Features for 4823 S PENNSYLVANIA AVE

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Site & Location

Neighborhood Old Everett Neighborhood Organization

Additional Details

Multifamily Units 9
Listing Agency: Woodworth Commercial Okemos
Listed By: Todd Kosta · License MI #6501346341
Source: Crexi
Added: Sep 18 Changed: Nov 12 Last Checked: Nov 12 at 5:33AM

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 Okemos

Rey
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Investment Insights

Based on property information with market context.

This 9-unit apartment property is fully occupied. Eight apartments have two bedrooms, and the building has new water heaters and in-unit updates.

Located at 4823 S Pennsylvania Ave in Lansing, Michigan, the property offers a defined unit count and bedroom mix.

Key Highlights

  • 9‑unit apartment property with 100% occupancy
  • Eight units have 2 bedrooms
  • New water heaters

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

698
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property is fully occupied and includes updated in-unit features and new water heaters.
Where is this apartment building located?
The property is located at 4823 S PENNSYLVANIA AVE Lansing, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 9‑unit apartment property with 100% occupancy; Eight units have 2 bedrooms; New water heaters
(310) 633-3001 Call to check price and availability
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