525 Seymour Avenue Lansing, MI $ 1,610,000
525 Seymour Avenue
$ 1,610,000
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525 Seymour Avenue

Lansing, MI, 48933
$ 1,610,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,913

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525 Seymour Avenue, Lansing, MI 48933 - Image 13
525 Seymour Avenue, Lansing, MI 48933 - Image 14

Commercial Property for sale in Lansing, MI

for $1,610,000. This building was built in 1966 on a lot size of 0.38.

Fully leased 23-unit apartment building located at 525 N Seymour St in Lansing, MI, just minutes from the State Capitol, downtown Lansing, and Lansing Community College. The property features a desirable unit mix of 11 one-bedroom/one-bath units and 12 two-bedroom/one-bath units, providing appeal to students, professionals, and long-term renters. With 100% occupancy, this asset offers immediate, stabilized cash flow from day one. Its central location near major employment centers, government offices, public transportation, and downtown amenities supports strong and consistent rental demand. An excellent opportunity for investors seeking a well-located multifamily property with long-term income stability and potential for future rent growth.; Building1 Description: 3-story brick building - 23 units

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Commercial Active

Price

$ 1,610,000

Property Type

Commercial

Taxes

$ 17,698

Style

CommercialSale

Lot Size

0.38

Year Built

1966

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000293580

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir HotWater Radiant
Construction Materials Brick
Year Built 1966
Tax Year 2025
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ORIGINAL OF LANSING
Garage Y/N N
Status Active
Directions Saginaw St west of the Grand River to Seymour St south to property.
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 23
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 17698.0
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 432100
Legal Description LOT 2 & E 45 FT LOTS 11 & 12 BLOCK 71 ORIG PLAT
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Interior
Basement PartiallyFinished
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 11915.0
Laundry Features CommonArea
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features ParkingLot
Water Source Public
Spa N
Building Area Total 0.0
Lot Dimensions Irregular
Lot Size Acres 0.38
Waterfront Y/N N
Foundation Area 17873.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 525
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* Excluded Features
List By
Benjamin Parker

Listing Agent

Apex Appraisal Company Llc

Broker

(517) 290-5100

Phone

Affordability Calculator

$11,388
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,913
Monthly Property Taxes
$1,475
Monthly 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
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,610,000 Listed Price

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525 Seymour Avenue, Lansing, MI, 48933 is a Commercial Property for sale at $1,610,000 with a lot size of 0.38. 525 Seymour Avenue was built in 1966. The property's zip code is 48933 which is in Lansing, MI