Three-Unit Multifamily
For Sale
$170,000
621 N Walnut Street, Lansing, MI 48933
Multifamily property with flexible occupancy and access to downtown Lansing amenities.
Property Size1,965 SF
Price / SF$86.51
Days on Market104
Property Features for 621 N Walnut Street
General Information
Standard status
Active
Size
1,965 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Association for Downtown Neighbors
Highway Access
Yes
Additional Details
Multifamily Units
3
Listing Agency:
Keller Williams Realty Lansing
(517) 853-1200
Listed By:
Morgan Meredith · License #6501422310
(517) 505-1422
Source:
Exprealty
Added: Jul 13
Changed: Oct 8
Last Checked: Oct 23 at 7:57AM
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 Keller Williams Realty Lansing
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Investment Insights
Based on property information with market context.
This 1,965-square-foot triplex at 621 N Walnut Street contains three rental units. The property supports a mix of current tenancy arrangements, including one month-to-month occupancy, a lease extending through April 30, 2027, and a third rented unit.
The property is situated in Lansing, close to downtown, shopping, restaurants, and major highways. Its three-unit configuration provides a straightforward multifamily format for an owner-occupant or an investor seeking an income-producing residential property.
The property is situated in Lansing, close to downtown, shopping, restaurants, and major highways. Its three-unit configuration provides a straightforward multifamily format for an owner-occupant or an investor seeking an income-producing residential property.
Key Highlights
- Three‑unit multifamily property
- 1,965‑square‑foot building
- Unit 1 is rented month‑to‑month
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with flexible occupancy and access to downtown Lansing amenities.
Where is this triplex located?
The property is located at 621 N Walnut Street Lansing, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 1,965‑square‑foot building; Unit 1 is rented month‑to‑month
