3-Unit Rental
621 N Walnut Street Lansing, MI 48933
621 N Walnut Street, Lansing, MI, 48933
$180,000
For Sale
$180,000
MULTI_FAMILY - Lansing, MI
Lot Size0.08 Acres
Days on Market9
Property Features for 621 N Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
- Parking
- 4
- Parking features
- Parking Lot
- Spa
- 1
- Patio and Porch features
- Porch
- Basement
- Full
- Appliances
- Water Heater
- Standard status
- Active
- APN
- 33-01-01-16-104-121
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S 45.86 FT OF E 79 FT LOT 1 BLOCK 61 ORIG PLAT
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1903
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agency
Keller Williams Realty Lansing
(517) 853-1200
Listed by
Morgan Meredith · License #6501422310
(517) 505-1422
Added: Jul 13 Updated: Jul 17 at 8:18PM Checked: Jul 21 at 12:06PM
MLS# 297536
Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained three-unit rental property offers an income-producing layout with three separate units. Unit 1 is currently rented on a month-to-month basis. Unit 2 is leased through April 30, 2027. Unit 3 is also generating rental income. The property configuration supports straightforward multi-tenant ownership for an investor, with the added flexibility that Unit 1 is not tied to a fixed lease term.
The property is located close to downtown Lansing and is near shopping, restaurants, and major highways, providing convenient access to everyday destinations.
Income details reported for the units include monthly rents of $825 for Unit 1, $825 for Unit 2, and $700 for Unit 3.
The property is located close to downtown Lansing and is near shopping, restaurants, and major highways, providing convenient access to everyday destinations.
Income details reported for the units include monthly rents of $825 for Unit 1, $825 for Unit 2, and $700 for Unit 3.
Key Highlights
- 3‑unit rental property built in 1903 with public water and public sewer
- Unit 1 rented month‑to‑month at $825/month
- Unit 2 leased through April 30, 2027 at $825/month
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit rental property with one month-to-month unit and two income streams under existing leases.
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 $180,000.
What are key features of this property?
This property features: 3‑unit rental property built in 1903 with public water and public sewer; Unit 1 rented month‑to‑month at $825/month; Unit 2 leased through April 30, 2027 at $825/month
