525 Seymour Avenue Lansing, MI $ 1,610,000
525 Seymour Avenue
$ 1,610,000
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525 Seymour Avenue

Lansing, MI, 48933
$ 1,610,000
Bedrooms-- Baths-- Sq 17,873

Monthly Estimate*

$ 9,913

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Commercial Property for sale in Lansing, MI

for $1,610,000. This 17,873 square foot building was built in 1966 on a lot size of 0.38.

Fully leased 23-unit apartment building located at 525 N Seymour St in Lansing, MI, just minutes from the State Capitol, downtown Lansing, and Lansing Community College. The property features a desirable unit mix of 11 one-bedroom/one-bath units and 12 two-bedroom/one-bath units, providing appeal to students, professionals, and long-term renters. With 100% occupancy, this asset offers immediate, stabilized cash flow from day one. Its central location near major employment centers, government offices, public transportation, and downtown amenities supports strong and consistent rental demand. An excellent opportunity for investors seeking a well-located multifamily property with long-term income stability and potential for future rent growth.

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Commercial Active

Price

$ 1,610,000

Property Type

Commercial

Taxes

$ 17,698

Style

Multi Family

Lot Size

0.38

Year Built

1966

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

293580

Features
General
Sewer Public Sewer
Heating Baseboard Forced Air Hot Water Radiant
Cooling None
Construction Materials Brick
Year Built 1966
Township Lansing City
Levels Three Or More
Property Subtype Multi Family
Tax Year 2025
County Ingham
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Original of Lansing
Garage Y/N N
Status Active
Directions Saginaw St west of the Grand River to Seymour St south to property.
City Lansing
High School District Lansing
Zoning Description Zoning
Number Of Units Total 23
Lot Size Units Acres
Lot Size Square Feet 16552.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 17698.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 432100
Senior Community None
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Interior
Basement Partially Finished
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 11915.0
Laundry Features Common Area
Total Baths 0
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Exterior
Parking Features Parking Lot
Water Source Public
Lot Size Area 0.38
Building Area Total 17873.0
Lot Dimensions Irregular
Lot Size Acres 0.38
Waterfront Y/N N
Foundation Area 17873.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 525
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* Excluded Features
List By
Benjamin Parker

Listing Agent

Apex Appraisal Company Llc

Broker

ben@apexcollc.net

Email

Affordability Calculator

$11,388
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,913
Monthly Property Taxes
$1,475
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2075809 Elementary School
2075905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,610,000 Listed Price

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525 Seymour Avenue, Lansing, MI, 48933 is a Commercial Property for sale at $1,610,000 with 17,873 sqft and a lot size of 0.38. 525 Seymour Avenue was built in 1966. The property's zip code is 48933 which is in Lansing, MI