4437 N Grand River Avenue Lansing, MI ^$ 2,300,000

4437 N Grand River Avenue

^$ 2,300,000

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Recently Listed

4437 N Grand River Avenue

Lansing, MI, 48906

^$ 2,300,000

Bedrooms-- Baths-- Sq 115,983

Monthly Estimate*

^$ 14,161

4437 N Grand River Avenue, Lansing, MI 48906 - Image 1

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4437 N Grand River Avenue, Lansing, MI 48906 - Image 4

4437 N Grand River Avenue, Lansing, MI 48906 - Image 5

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4437 N Grand River Avenue, Lansing, MI 48906 - Image 7

4437 N Grand River Avenue, Lansing, MI 48906 - Image 8

4437 N Grand River Avenue, Lansing, MI 48906 - Image 9

4437 N Grand River Avenue, Lansing, MI 48906 - Image 10

4437 N Grand River Avenue, Lansing, MI 48906 - Image 11

4437 N Grand River Avenue, Lansing, MI 48906 - Image 12

4437 N Grand River Avenue, Lansing, MI 48906 - Image 13

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4437 N Grand River Avenue, Lansing, MI 48906 - Image 16

Commercial Property for sale in Lansing, MI

for $2,300,000. This 115,983 square foot building was built in 1966 on a lot size of 0.96.

Rare opportunity to acquire a 39-unit apartment community comprised of three well-maintained buildings. Strong unit mix with predominantly 2BR/1BA units. Key mechanical upgrades have been completed, including roof, boiler, water, and electrical panels, reducing future capital expenditures. Strategically located across from Capital Region International Airport, providing consistent tenant demand and an attractive value-add investment opportunity.

Commercial Active

Price

^$ 2,300,000

Property Type

Commercial

Taxes

^$ 30,972

Style

Multi Family

Lot Size

0.96

Year Built

1966

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

293590

Features

General

Sewer Public Sewer

Heating Baseboard Hot Water

Cooling Wall/Window Unit(s) Window Unit(s)

Construction Materials Brick

Year Built 1966

Township Lansing City

Levels Two and One Half

Property Subtype Multi Family

Tax Year 2025

County Ingham

New Construction N

Property Type Commercial Sale

Attached Garage N

Subdivision Name None

Garage Y/N N

Status Active

Directions N Grand River across the street from Capital Region International Airport

City Lansing

High School District Lansing

Zoning Description Zoning

Number Of Units Total 39

Lot Size Units Acres

Lot Size Square Feet 41817.6

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 30972.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 443238

Senior Community None

Interior

Basement Partially Finished

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 77323.0

Laundry Features Common Area

Total Baths 0

Exterior

Parking Features On Site Parking Lot

Water Source Public

Lot Size Area 0.96

Building Area Total 115983.0

Lot Dimensions 3 contiguous parcels totaling - 270' x 165'+/-

Lot Size Acres 0.96

Waterfront Y/N N

Foundation Area 115983.0

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4437

* Excluded Features

List By

Benjamin Parker

Listing Agent

Apex Appraisal Company Llc

Broker

ben@apexcollc.net

Affordability Calculator

$16,742

Per Month

Monthly Principal & Interest: $14,161
Monthly Property Taxes: $2,581
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Lansing, MI

Average List Price ^$603,236

Percent of Sale Price 74%

About Lansing, MI

115,311 Population

-2% Since 2002

^$37,738 Median Income

35.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2075809 Elementary School

2075905 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/21/2026	$2,300,000		Listed Price

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4437 N Grand River Avenue, Lansing, MI, 48906 is a Commercial Property for sale at $2,300,000 with 115,983 sqft and a lot size of 0.96. 4437 N Grand River Avenue was built in 1966. The property's zip code is 48906 which is in Lansing, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the IDX Program of The Greater Lansing Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/23/2026.

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4437 N Grand River Avenue

Commercial Property for sale in Lansing, MI

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