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617 N Walnut Street Lansing, MI $ 150,000
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617 N Walnut Street
$ 150,000
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617 N Walnut Street

Lansing, MI, 48933
$ 150,000
Baths2.0

Monthly Estimate*

$ 947

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Studio

Multi-Family Home for sale in Lansing, MI

for $150,000 with 2 full baths. This home was built in 1890 on a lot size of 0.9.

617 N Walnut Lansing MI 48933 is an excellent investment opportunity! This spacious duplex offers immediate income potential with one unit vacant and ready for a new tenant or owner-occupant. Unit 1 is was previously rented for $825 per month, allowing a new owner to set current market rent. Unit 2 is occupied and generating $975 per month in rental income. Whether you're looking to add to your rental portfolio, house hack by living in one unit while collecting rent from the other, or lease the vacant unit for increased cash flow, this property offers outstanding flexibility. Conveniently located near downtown Lansing, Cooley Law School, Michigan State Capitol, shopping, restaurants, and major highways. Don't miss this opportunity to build wealth through real estate!

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Multi-Family Active

Price

$ 150,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.9

Year Built

1890

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

297544
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Roof Shingle
Appliances Water Heater
Patio/Porch Features Front Porch
Pool Features None
Construction Materials Vinyl Siding
Year Built 1890
Township Lansing City
Levels Two
Property Subtype Duplex
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 SOUTH ON N WALNUT
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 39204
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 77295
Legal Description N 1/2 OF E 120 FT LOT 2 BLOCK 61 ORIG PLAT
New Construction None
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Interior
Basement Full
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 2106
Laundry Features In Unit Laundry Room
Total Baths 2
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Exterior
Parking Features Parking Lot
Lot Features Back Yard City Lot Front Yard
Water Source Public
Total Parking 2
Lot Size Area 0.9
Spa N
Lot Dimensions 33x120
Lot Size Acres 0.9
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 1 617
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* Excluded Features
List By
Morgan Meredith

Listing Agent

Keller Williams Realty Lansing

Broker

morganmeredith@kw.com

Email

Affordability Calculator

$947
Per Month
100%
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0%
Monthly Principal & Interest
$947
Monthly Property Taxes
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Monthly Home Insurance
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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
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Pricing History
DatePricePrice ChangeDescription
7/14/2026$150,000 Listed Price

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617 N Walnut Street, Lansing, MI, 48933 is a Multi-Family Home for sale at $150,000 with a lot size of 0.9. 617 N Walnut Street is a studio with 2.0 baths and was built in 1890. The property's zip code is 48933 which is in Lansing, MI

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