621 N Walnut Street Lansing, MI $ 170,000
621 N Walnut Street
$ 170,000
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621 N Walnut Street

Lansing, MI, 48933
$ 170,000
Baths3.0

Monthly Estimate*

$ 1,073

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Studio

Multi-Family Home for sale in Lansing, MI

for $170,000 with 3 full baths. This home was built in 1903 on a lot size of 0.08.

621 N Walnut Lansing MI 48933 is a fantastic investment opportunity with this well-maintained 3-unit rental property! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property offers flexibility and steady cash flow. Unit 1 is currently rented month-to-month at $825/month, providing the opportunity for an owner-occupant or continued rental income. Unit 2 is leased through April 30, 2027 at $825/month, offering stable, long-term income. Unit 3 is rents at $700/month. Located close to downtown Lansing, shopping, restaurants, and major highways, this property is an excellent opportunity for investors and owner-occupants alike. Schedule your showing today!

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Multi-Family Active

Price

$ 170,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.08

Year Built

1903

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

297536

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Roof Shingle
Appliances Water Heater
Patio/Porch Features Covered Front Porch
Pool Features None
Construction Materials Vinyl Siding
Year Built 1903
Township Lansing City
Levels Two
Property Subtype Triplex
Tax Year 2025
County Ingham
Property Type Resid/Multi-Family
Attached Garage false
Subdivision Name None
Garage Y/N N
Status Active
Directions W SAGINAW TO N ON N WALNUT
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 3484.8
Carport Y/N N
Spa Features None
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 77082
Legal Description S 45.86 FT OF E 79 FT LOT 1 BLOCK 61 ORIG PLAT
New Construction None
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Interior
Basement Full
Basement (Y/N) N
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 1965
Laundry Features In Unit Other
Total Baths 3
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Exterior
Parking Features Parking Lot
Lot Features Back Yard City Lot Front Yard
Water Source Public
Total Parking 4
Lot Size Area 0.08
Spa N
Lot Dimensions 45.8X79
Lot Size Acres 0.08
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 621
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* Excluded Features
List By
Morgan Meredith

Listing Agent

Keller Williams Realty Lansing

Broker

morganmeredith@kw.com

Email

Affordability Calculator

$1,073
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,073
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$170,000 -5.56% Price Down
7/13/2026$180,000 Listed Price

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621 N Walnut Street, Lansing, MI, 48933 is a Multi-Family Home for sale at $170,000 with a lot size of 0.08. 621 N Walnut Street is a studio with 3.0 baths and was built in 1903. The property's zip code is 48933 which is in Lansing, MI