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

Lansing City, MI, 48906
$ 249,000
Bedrooms4 Baths0.0 Sq 3,014

Monthly Estimate*

$ 1,572

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Multi-Family Home for sale in Lansing City, MI for $249,000 with 4 bedrooms. This 3,014 square foot 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.

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Multi-Family Active

Price

$ 249,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 9,399

Style

ResidentialIncome

Lot Size

0.16

Year Built

1902

Town/City

Lansing City

County/Region

INGHAM

MLS | Web ID

630000297976

Features
General
Sewer PublicSewer
Heating HotWater
Construction Materials WoodSiding
Year Built 1902
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ORIGINAL OF LANSING
Garage Y/N N
Status Active
Directions Google Maps
City LansingCity_Ingham
Disclosures LeadBasedPaint
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9399.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels 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
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Interior
Basement InteriorEntry
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3014.0
Laundry Features CommonArea InHall
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features AdditionalParking Concrete Driveway ParkingPad
Water Source Public
Total Parking 6.0
Foundation Details MichiganBasement
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
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Internal Only
Street Number 1 724
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* Excluded Features
List By
Cabus Dewey

Listing Agent

Exit Realty Home Partners

Broker

(517) 303-9777

Phone

Affordability Calculator

$2,355
Per Month
67%
33%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$783
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
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$249,000 Listed Price

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724 N Walnut Street, Lansing City, MI, 48906 is a Multi-Family Home for sale at $249,000 with 3,014 sqft and a lot size of 0.16. 724 N Walnut Street has 4 bedrooms, 0.0 baths, and was built in 1902. The property's zip code is 48906 which is in Lansing City, MI