724 N Walnut Street Lansing, MI ^$ 249,000

724 N Walnut Street

^$ 249,000

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Recently Listed

724 N Walnut Street

Lansing, MI, 48906

^$ 249,000

Studio Baths4.0

Monthly Estimate*

^$ 1,572

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Studio

Multi-Family Home for sale in Lansing, MI

for $249,000 with 4 full baths. This home was built in 1902 on a lot size of 0.16.

724 North Walnut Street is a beautifully renovated fourplex offering classic old-world charm with modern updates throughout. Each unit has been refreshed and is in great condition, making this a strong, income-producing property with all units currently rented. The building includes a shared washer and dryer in the common area, plus off-street parking located behind the property. Current rents total $3,935 per month, creating an attractive opportunity for investors looking for a stabilized multi-unit asset with character, curb appeal, and steady rental income.

Multi-Family Active

Price

^$ 249,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.16

Year Built

1902

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

297976

Features

General

Sewer Public Sewer

Heating Hot Water

Cooling None

Appliances Gas Water Heater

Construction Materials Wood Siding

Year Built 1902

Township Lansing City

Levels Two

Property Subtype Quadruplex

Tax Year 2025

County Ingham

Property Type Resid/Multi-Family

Attached Garage N

Subdivision Name Original of Lansing

Garage Y/N N

Status Active

Directions Google Maps

City Lansing

Senior Community Y/N N

High School District Lansing

Zoning Description Zoning

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 6969.6

Carport Y/N N

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 116153

Legal Description S 2 R OF E 47 FT & S 44 FT OF W 118 FT LOT 9 BLOCK 56 ORIG PLAT

New Construction None

Interior

Basement Interior Entry Michigan

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 3014.0

Laundry Features Common Area In Hall

Total Baths 4

Exterior

Parking Features Concrete Additional Parking Driveway Parking Pad

Lot Features Rectangular Lot

Water Source Public

Total Parking 6.0

Lot Size Area 0.16

Spa N

Lot Dimensions 33x165

Lot Size Acres 0.16

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 724

* Excluded Features

List By

Cabus Dewey

Listing Agent

Exit Realty Home Partners

Broker

cabusrdewey@gmail.com

Affordability Calculator

$1,572

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Lansing, MI

Average List Price ^$153,645

Percent of Sale Price 38%

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
7/28/2026	$249,000		Listed Price

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724 N Walnut Street, Lansing, MI, 48906 is a Multi-Family Home for sale at $249,000 with a lot size of 0.16. 724 N Walnut Street is a studio with 4.0 baths and was built in 1902. 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 6.49% 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.

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 7/29/2026.

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724 N Walnut Street

Multi-Family Home for sale in Lansing, MI

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