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    Lansing, MI Triplexes for Sale

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    East Lansing, MI Okemos, MI Dewitt, MI Holt, MI Dimondale, MI Bath, MI Haslett, MI Grand Ledge, MI
    8 properties
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    Three-Unit Triplex Rental Property
    Updated: Jul 13
    Three-Unit Triplex Rental Property

    621 N Walnut Street, Lansing, MI 48933

    $170,000
    0.08 AC lot
    Three‑unit triplex at 621 N Walnut Street, Lansing, MI 48933
    0.08‑acre parcel with parking lot and porch
    Unit 2 leased through April 30, 2027
    Built in 1903 with vinyl siding and shingle roof
    Natural gas and forced‑air heating
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    Three-Unit Property with Balcony
    Updated: Aug 6
    Three-Unit Property with Balcony

    200 Lathrop Street, Lansing, MI 48912

    $169,000
    0.12 AC lot
    Three‑unit layout with two 1BR/1BA residences and one 2BR/1BA residence
    All 3 units are rented with annual income of $30,600
    0.12‑acre lot at 200 Lathrop Street, Lansing, MI 48912
    Third unit includes a private side entrance and balcony
    Front porches serve Units 1 and 2; attached storage is also included
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    Refinished-Floor Triplex
    Refinished-Floor Triplex

    312 N Butler Blvd, Lansing, MI 48915

    $225,000
    2,440 sqft

    Three-unit property with separate utility responsibility, laundry facilities, fresh paint, and renewed hardwood flooring.

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    See hot listings in Lansing

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    621 N Walnut Street, Lansing, MI 48933

    $170,000
    1,965 sqft

    Multifamily property with flexible occupancy and access to downtown Lansing amenities.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    1219 N Washington, Lansing, MI 48906

    $144,900
    1,236 sqft

    Residential income property with two one-bedroom apartments and a studio layout.

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    Brick Triplex With Garage
    Brick Triplex With Garage

    1023 S Pennsylvania Avenue, Lansing, MI 48912

    $229,800
    2,305 sqft

    Fully occupied three-unit property with off-street parking and a garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Rented Triplex with Balcony
    Rented Triplex with Balcony

    200 Lathrop St, Lansing, MI 48912

    $169,000
    1,679 sqft

    Unit mix includes two one-bedroom apartments and one two-bedroom apartment, with porch, balcony, and private side-entry features.

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    Renovated Triplex
    Renovated Triplex

    836 N Larch Street, Lansing, MI 48906

    $154,000

    Three-unit residential income property with updated interiors, on-site parking, and access to bus lines.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated-Exterior Triplex
    Updated-Exterior Triplex

    330 W Mill Street, Hastings, MI 49058

    $279,900
    0.15 AC lot

    The property includes forced-air heating, driveway parking, and public sewer service.

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    Updated Triplex with Vinyl Siding
    Updated Triplex with Vinyl Siding

    145 Lafayette Street, Ionia, MI 48846

    $234,900
    0.14 AC lot

    Three refreshed units support residential income use with flexibility for an owner occupant.

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    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

    502 State St, Hastings, MI 49058

    $349,000
    2,278 sqft 0.20 AC lot

    3 Unit Apartment - Zoned as Mixed Use PUD 502 W. State Street, Hastings MI

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    Updated Triplex with Owner-Occupied Unit
    Updated Triplex with Owner-Occupied Unit

    145 Lafayette St, Ionia, MI 48846

    $234,900

    Three fully updated units provide flexible owner-occupancy options and updated exterior finishes for easier day-to-day maintenance.

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    Lansing, MI Triplexes Market Trends and Statistics

    Explore 8 triplexes for sale in Lansing, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 9,625 square feet of properties for sale, with an estimated market value of $1,431,700.

    Sale prices for three-family homes in Lansing, MI start at $144,900, averaging $178,962, and reaching up to $229,800 — 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

    Commercial property segments ranked by active listings on the market

    Duplexes 43
    Apartment buildings 9
    Triplexes 8
    Quadplexes 6

    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 average listing prices of real estate assets

    Neighborhood Average Price
    48906 $149.5K
    48933 $170K
    48912 $195.9K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Lansing, MI

    • 48912
    • 48906
    • 48933

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