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.
For sale
$166,000
621 N Walnut St, Lansing, MI 48933
3beds
3baths
--sqft
Est.:
MultiFamily
Built in 1903
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 286629

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