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    Lansing, MI Multifamily Properties for Sale

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    East Lansing, MI Dewitt, MI Okemos, MI
    28 results
    Remodeled Firehouse with Living Units
    $339,900
    4,631 SF

    Remodeled Firehouse with Living Units

    230 Bingham Street, Lansing, MI 48912

    Historic firehouse converted to office and residential units.

    • Unique historic firehouse conversion built in 1904.
    • Two residential units (2‑bedroom and 3‑bedroom) offer rental income potential.
    • Lower level office space, suitable for business or non‑profit use.
    • Includes disposal, microwave, oven, range, refrigerator, washer, and washer/dryer.
    • Central air conditioning and multiple heating systems (Central, Forced Air, Baseboard, Electric).
    Updated: Feb 23
    View details
    Updated Duplex With Separate Utilities
    $139,900
    1,392 SF

    Updated Duplex With Separate Utilities

    3200 N Averill Avenue, Genesee, MI 48506

    Completely updated duplex with separate electric and gas meters and dedicated laundry space for each unit.

    • Duplex in Genesee Township with Kearsley School District
    • 3‑bedroom, 2‑bath unit rented for $1,100/month
    • 2‑bedroom unit rented for $700/month
    • Completely updated duplex with separate electric and gas meters
    • Separate room for laundry
    Updated: May 1
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    Mixed-Use Building in Old Town
    $285,000
    2,727 SF

    Mixed-Use Building in Old Town

    Historic mixed-use property with office and residential units.

    1031 N Washington Avenue, Lansing, MI 48906
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    Two Homes on One Lot
    $275,000
    1,560 SF

    Two Homes on One Lot

    Two homes on one lot, investment or multi-generational living.

    215 Winifred Avenue, Lansing, MI 48917
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    Charming Lansing Multi-Living Home
    $119,900
    0.11 Acres

    Charming Lansing Multi-Living Home

    Versatile 5BR home in historic district, ideal for investors.

    223 E Hillsdale Street, Lansing, MI 48933
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    Updated Duplex with Income Potential
    $149,000
    0.21 Acres

    Updated Duplex with Income Potential

    Lansing duplex with updates, income potential, and long-term value.

    1006 S Pennsylvania Avenue, Lansing, MI 48912
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    Lansing Duplex with New Roof
    $218,000
    26.00 Acres

    Lansing Duplex with New Roof

    Well-maintained duplex in Lansing, tenants pay all utilities.

    4400 Chadburne Dr, Lansing, MI 48911
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    Income-Generating Triplex in Lansing, MI
    $160,000
    0.12 Acres

    Income-Generating Triplex in Lansing, MI

    Three units with separate utilities near LCC and downtown Lansing.

    217 N Butler Boulevard, Lansing, MI 48915
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    Lansing Multi-Unit Property For Sale
    $119,999
    0.45 Acres

    Lansing Multi-Unit Property For Sale

    Two-unit property with garage and large yard, potential for conversion.

    4414 S Martin Luther King Jr Boulevard, Lansing, MI 48910
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    Upgraded Multi-Family Investment Property
    $152,000
    0.11 Acres

    Upgraded Multi-Family Investment Property

    Fully upgraded multi-family property with income potential in Lansing, MI.

    1601 Bailey Street, Lansing, MI 48910
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    Lansing Multifamily Investment Opportunity
    $999,000
    8,072 SF

    Lansing Multifamily Investment Opportunity

    Renovated 16-unit building in central Lansing with upside potential.

    645 E Jolly Rd, Lansing, MI 48910
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    Lansing Multifamily Investment Opportunity
    $99,900
    0.20 Acres

    Lansing Multifamily Investment Opportunity

    Two-unit residential property in Lansing, Michigan. Great investment potential.

    121 Lathrop Street, Lansing, MI 48912
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    Mixed-Use Building in Old Town
    $285,000
    2,727 SF

    Mixed-Use Building in Old Town

    Historic mixed-use property with office and residential units.

    1031 N Washington Ave, Lansing, MI 48906
    View details
    Downtown Lansing Mixed-Use Investment
    $522,000

    Downtown Lansing Mixed-Use Investment

    Mixed-use building with commercial space and residential units in Lansing.

    119 East Kalamazoo Street, Lansing, MI 48933
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    Multifamily Investment Opportunity in Lansing
    $795,000
    7,732 SF

    Multifamily Investment Opportunity in Lansing

    Multifamily property with 12 units in a desirable Lansing location.

    3501 Simken Drive |, Lansing, MI 48910
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    Income-Producing Duplex Near MSU
    $154,900
    0.09 Acres

    Income-Producing Duplex Near MSU

    Registered rental duplex near Michigan State University and downtown Lansing.

    1713 Stanley Court, Lansing, MI 48912
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    Downtown Lansing Mixed-Use Asset
    $1,800,000
    2,800 SF

    Downtown Lansing Mixed-Use Asset

    Mixed-use property with residential and commercial units in downtown Lansing.

    329-337 S Washington Sq 329-337, Lansing, MI 48933
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    Two-Unit Property with Garage
    $119,999

    Two-Unit Property with Garage

    Two-unit property with attached garage and large backyard.

    4414 S MARTIN LUTHER KING JR Blvd, Lansing, MI 48910
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    Updated Duplex on Double Lot
    $149,000

    Updated Duplex on Double Lot

    Multi-unit property with updated unit, immediate income, and new roof.

    1006 S Pennsylvania Ave, Lansing, MI 48912
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    Renovated Multifamily Investment Opportunity
    $999,000
    8,072 SF

    Renovated Multifamily Investment Opportunity

    Sixteen-unit renovated multifamily property in Lansing, Michigan with strong cash flow.

    645 E Jolly Rd, Lansing, MI 48910
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    Established Multifamily Property in Lansing
    $209,900
    0.22 Acres

    Established Multifamily Property in Lansing

    Multifamily property built in 1970 with recent upgrades.

    1006 Attwood Dr, Lansing, MI 48911
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    Lansing Multifamily Investment Opportunity
    $999,700
    11,215 SF

    Lansing Multifamily Investment Opportunity

    South Lansing apartment building with upside rental increase potential.

    909 E Jolly Rd, Lansing, MI 48910
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    Remodeled Firehouse with Living Units
    $339,900
    4,631 SF

    Remodeled Firehouse with Living Units

    Remodeled firehouse with office and residential units for sale.

    230 Bingham Street, Lansing, MI 48912
    View details
    Renovated 5-Unit Residential Investment Property
    $369,900
    0.15 Acres

    Renovated 5-Unit Residential Investment Property

    Completely renovated 5-unit property near University of Michigan.

    819 Vine Street, Lansing, MI 48912
    View details

    Lansing, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 41 multifamily properties for sale in Lansing, MI, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 76,724 square feet of properties for sale, with an estimated market value of $9,821,639.

    Sale prices for multifamily properties in Lansing, MI start at $119,999, averaging $701,545, and reaching up to $2,166,240 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 13
    Apartment buildings 11
    Quadplexes 2
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 100,000+ square foot range.

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48915 $180K
    48911 $214K
    48912 $225.2K
    48917 $275K
    48906 $282.7K

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Lansing, MI

    • 48910
    • 48912
    • 48906
    • 48933
    • 48911
    • 48915
    • 48506
    • 48917

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