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For sale
  • $166,000

    621 N Walnut St, Lansing, MI 48933

    3beds
    3baths
    --sqft
    : 
    MultiFamily
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This fully rented triplex in the heart of Lansing is a fantastic investment opportunity, generating $25,200 in annual rental income. Located just minutes from Lansing Community College, the State Capitol, and downtown, this property offers unbeatable convenience for tenants. With easy access to W. Saginaw Hwy, commuting is effortless in and out of the city. This well-maintained multi-unit is a strong cash-flowing asset, perfect for investors looking for steady returns. Additionally, the property can be purchased together with the neighboring property at 617 N Walnut, creating an even greater investment opportunity. Don't miss your chance to own this income-generating triplex in a prime location. Reach out today for more details! 48 hour notice minimum required to tour tenant-occupied units.
    46 days
    on Zillow
    |
    253
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 08:26am

    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#: 286629MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 621 N Walnut St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Hot Water
    Cooling
    • None
    Appliances
    • Laundry: Other
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 1,965
    Video & virtual tour

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch
    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 45.86 x 79
    Details
    • Parcel number: 33010116104121

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $72,800
    • Annual tax amount: $4,891
    • Date on market: 3/11/2025
    • Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
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