For Sale
621 N WALNUT Street, Lansing, MI 48933
$180,000
MLS # 297536 (Greater Lansing Association of REALTORS®)
Built 19030.08 acres
1 / 51
Listing Description
621 N Walnut Lansing MI 48933 is a fantastic investment opportunity with this well-maintained 3-unit rental property! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property offers flexibility and steady cash flow. Unit 1 is currently rented month-to-month at $825/month, providing the opportunity for an owner-occupant or continued rental income. Unit 2 is leased through April 30, 2027 at $825/month, offering stable, long-term income. Unit 3 is rents at $700/month. Located close to downtown Lansing, shopping, restaurants, and major highways, this property is an excellent opportunity for investors and owner-occupants alike. Schedule your showing today!
Source: SparkMLS
About this home
Located in Lansing in Lansing, this property offers 3-bath, with original construction dating to 1903.
Listed at $180,000.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.08 acres
Year Built1903
Location
CityLansing
MunicipalityLansing City
Zip Code48933
CountyIngham
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
Sale & Financing
Listed7/12/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Morgan Meredith
Keller Williams Realty Lansing
Frequently Asked Questions about 621 N WALNUT Street, Lansing, MI 48933
Is 621 N WALNUT Street, Lansing, MI 48933 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 621 N WALNUT Street, Lansing, MI 48933 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lansing City police department or the Ingham County sheriff's office.
Map
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Monthly payment$1,167
Principal & interest$1,167
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
621 N WALNUT Street, Lansing, MI 48933
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Municipality
Lansing
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