514 N Walnut Street, Lansing, MI 48933

Lansing
Local realty services provided by:ERA Reardon Realty
514 N Walnut Street,Lansing, MI 48933
$149,900
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john hagerty, jr.
Office: five star real estate - lansing
MLS#:294234
Source:MI_GLAR

Price summary

  • Price:$149,900

About this home

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

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Home facts

  • Year built:1894
  • Subdivision & Development:Original of Lansing
  • Listing ID #:294234
  • Added:196 day(s) ago
  • Updated:September 16, 2026 at 03:46 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Full

Heating and cooling

  • Heating:Heating, Hot Water, Natural Gas

Structure and exterior

  • Year built:1894
  • Lot area:0.32 Acres
  • Lot Features:City Lot
  • Construction Materials:Rough Sawn, Wood Siding
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$149,900

Features and amenities

  • Laundry features:In Basement

Parking

  • Parking description:Concrete, Parking Lot

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