Triplex

Lansing, MI Triplexes for Sale

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East Lansing, MI Okemos, MI Dewitt, MI Holt, MI Dimondale, MI Bath, MI Grand Ledge, MI Haslett, MI
Found 6 triplex listings for sale in Lansing, MI, averaging $89/sq ft. Use valuation data to compare deals faster.
Three-Unit Triplex Rental Property
Updated: Jul 13
Three-Unit Triplex Rental Property

621 N Walnut Street, Lansing, MI 48933

$165,000
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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Refinished-Floor Triplex
Updated: Sep 9
Refinished-Floor Triplex

312 N Butler Blvd, Lansing, MI 48915

$225,000
2,440 sqft
3‑unit triplex with 2440 square feet
Freshly painted interiors
Refinished hardwood floors
Laundry facilities in the units
Tenants responsible for their own utilities
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Three-Unit Multifamily Property
Three-Unit Multifamily Property

621 N Walnut Street, Lansing, MI 48933

$165,000
1,965 sqft

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

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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

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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Three-Unit Triplex
Three-Unit Triplex

5400 S Waverly Rd, Lansing, MI 48911

$189,900
3,000 sqft

The property combines two two-bedroom apartments with a one-bedroom unit, each with one bathroom.

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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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6 active listings match your search: For sale in Lansing, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Updated Triplex with Vinyl Siding
Updated Triplex with Vinyl Siding

145 Lafayette Street, Ionia, MI 48846

$219,900
0.14 AC lot

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

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Approved Triplex Development Property
Approved Triplex Development Property

146 Church Street, Saranac, MI 48881

$89,900
0.17 AC lot

Approved three-unit configuration with a blank-slate interior and paved rear parking.

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

145 Lafayette St, Ionia, MI 48846

$219,900

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

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3-Unit Triplex with Rear Parking
3-Unit Triplex with Rear Parking

146 Church Street, Saranac, MI 48881

$89,900

A village-approved variance allows the building to be configured as three units.

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Lansing, MI Triplexes Market Trends and Statistics

Explore 6 triplexes for sale in Lansing, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,641 square feet of properties for sale, with an estimated market value of $1,043,800.

Sale prices for three-family homes in Lansing, MI start at $144,900, averaging $173,966, and reaching up to $225,000 — 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 45
Apartment buildings 10
Triplexes 6
Quadplexes 5

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 $165K
48911 $189.9K
48915 $225K

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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