Renovated Fourplex with
For Sale
$249,000
724 N Walnut Street, Lansing, MI 48906
Four refreshed residences include shared laundry and rear off-street parking.
Property Size3,014 SF
Price / SF$82.61
Days on Market39
Property Features for 724 N Walnut Street
General Information
Standard status
Active
Size
3,014 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Gross Income
$47,220
Utilities to Site
Yes
Multifamily Units
4
Amenities
shared washer and dryer
off-street parking
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
EXIT Realty Home Partners
(517) 803-2345
Listed By:
Cabus Dewey · License #6501403441
(517) 303-9777
Source:
Exprealty
Added: Jul 27
Changed: Sep 1
Last Checked: Sep 2 at 6:55PM
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 EXIT Realty Home Partners
Investment Insights
Based on property information with market context.
This renovated fourplex contains four refreshed residences within a 3,014-square-foot building. The units have received modern updates while retaining the property’s older architectural character. A shared washer and dryer are provided in the common area, and off-street parking is positioned behind the building.
All four units are currently rented, providing an occupied multifamily configuration at 724 N Walnut Street in Lansing. The property is served by electric, water, sewer, gas, and garbage utilities, with those services operating at approximately $775 per month under normal conditions.
All four units are currently rented, providing an occupied multifamily configuration at 724 N Walnut Street in Lansing. The property is served by electric, water, sewer, gas, and garbage utilities, with those services operating at approximately $775 per month under normal conditions.
Key Highlights
- 3,014‑square‑foot renovated fourplex at 724 N Walnut Street
- Four refreshed residential units with modern updates
- Every unit is currently rented
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,833
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four refreshed residences include shared laundry and rear off-street parking.
Where is this quadplex located?
The property is located at 724 N Walnut Street Lansing, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 3,014‑square‑foot renovated fourplex at 724 N Walnut Street; Four refreshed residential units with modern updates; Every unit is currently rented
