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617 N Walnut Street Lansing, MI $ 150,000
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$ 150,000 Get more info
617 N Walnut Street
$ 150,000
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617 N Walnut Street

Lansing, MI, 48933
$ 150,000
Bedrooms4 Baths0.0 Sq 2,106

Monthly Estimate*

$ 947

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Multi-Family Home for sale in Lansing, MI

for $150,000 with 4 bedrooms. This 2,106 square foot 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

4

Property Type

Multi-Family

Taxes

$ 6,250

Style

ResidentialIncome

Lot Size

0.9

Year Built

1890

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000297544
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Roof Shingle
Pool Features None
Construction Materials VinylSiding
Year Built 1890
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions W SAGINAW TO SOUTH ON N WALNUT
City LansingCity_Ingham
Disclosures LeadBasedPaint
Senior Community Y/N N
High School District Lansing
Zoning Description Residential
Number Of Units Total 2
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6250.0
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 77295
Legal Description N 1/2 OF E 120 FT LOT 2 BLOCK 61 ORIG PLAT
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Interior
Basement Full
Flooring Hardwood
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2106.0
Laundry Features InUnit LaundryRoom
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features ParkingLot
Water Source Public
Total Parking 2.0
Foundation Details Basement
Spa N
Lot Dimensions 33x120
Lot Size Acres 0.9
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 1 617
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* Excluded Features
List By
Morgan Meredith

Listing Agent

Keller Williams Realty Lansing

Broker

(517) 505-1422

Phone

Affordability Calculator

$1,468
Per Month
65%
35%
0%
Monthly Principal & Interest
$947
Monthly Property Taxes
$521
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
See complete school information
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 2,106 sqft and a lot size of 0.9. 617 N Walnut Street has 4 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 48933 which is in Lansing, MI

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