Two-Story Duplex with
For Sale
$149,900
514 N Walnut Street, Lansing, MI 48933
Tenant-occupied units feature basement laundry and substantial off-street parking.
Property Size1,826 SF
Price / SF$82.09
Days on Market180
Property Features for 514 N Walnut Street
General Information
Standard status
Active
Size
1,826 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
coin-operated laundry
parking lot
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Five Star Real Estate - Lansing
(517) 803-5868
Listed By:
John Hagerty, Jr. · License #6501359884
(517) 803-5868
Source:
Exprealty
Added: Mar 4
Changed: Aug 29
Last Checked: Aug 30 at 11:44PM
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 Five Star Real Estate - Lansing
Investment Insights
Based on property information with market context.
This two-story duplex contains two residential units, each configured with 2 bedrooms, 1 full bath, and approximately 1,000 square feet of living space. The interiors are described as clean and well cared for, with open layouts and abundant natural light. Both units are currently occupied by tenants. A coin-operated laundry area is located in the basement, and the property includes a large parking lot for off-street tenant parking.
The property is near LCC and within convenient reach of downtown dining and nightlife, Old Town, and REO Town. Its two-unit configuration, existing occupancy, basement laundry, and on-site parking provide a clear set of operating features for a multifamily buyer.
The property is near LCC and within convenient reach of downtown dining and nightlife, Old Town, and REO Town. Its two-unit configuration, existing occupancy, basement laundry, and on-site parking provide a clear set of operating features for a multifamily buyer.
Key Highlights
- Two‑story duplex with 2 bedrooms and 1 full bath in each unit
- Approximately 1,000 square feet of living space per unit
- Both units are currently occupied by tenants
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 48933, MI
2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied units feature basement laundry and substantial off-street parking.
Where is this duplex located?
The property is located at 514 N Walnut Street Lansing, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑story duplex with 2 bedrooms and 1 full bath in each unit; Approximately 1,000 square feet of living space per unit; Both units are currently occupied by tenants
