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For sale
  • $163,000

    617 N Walnut St, Lansing, MI 48933

    4beds
    2baths
    --sqft
    : 
    MultiFamily
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fresh interior finishesNewer furnace
    This well-maintained duplex in the heart of Lansing offers an unbeatable location just minutes from Lansing Community College, the State Capitol, and downtown amenities. With easy access to W. Saginaw Hwy, commuting in and out of the city is a breeze and couldn't be more convenient. Featuring recent updates like a newer furnace and fresh interior finishes, this property is move-in ready. If you're looking to expand your investment portfolio this duplex delivers strong potential. The current tenant is on a month-to-month lease, providing flexibility for new ownership. The other unit is rented with a new tenant moving in March 21st. Which will create a projected annual rental income of $20,700, this is a fantastic opportunity to generate steady cash flow. This could be bought with the neighboring property, 621 N Walnut, to add to or create a very convenient rental portfolio. 48 hour notice minimum requirement to schedule a tour of the tenant-occupied unit. Don't miss your chance to own a prime multi-unit property in Lansing! Schedule your showing today.
    46 days
    on Zillow
    |
    222
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 08:25am

    Listed by:

    Rooted Real Estate Of Greater Lansing 517-258-1345,

    RE/MAX Real Estate Professionals 517-339-8255,

    Rayce C O'Connell 248-563-4234,

    RE/MAX Real Estate Professionals

    Source: Greater Lansing AOR,MLS#: 286628MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 617 N Walnut St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: In Unit, Laundry Room
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 2,106

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch
    Lot
    • Size: 3,920.4 Square Feet
    • Dimensions: 33 x 120
    Details
    • Parcel number: 33010116104111

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $73,000
    • Annual tax amount: $4,752
    • Date on market: 3/11/2025
    • Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
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