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.
For sale
$163,000
617 N Walnut St, Lansing, MI 48933
4beds
2baths
--sqft
Est.:
MultiFamily
Built in 1890
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fresh interior finishesNewer furnace
- 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#: 286628

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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