617 N Walnut Street Lansing, MI 48933

Other Residential MLS #: 286628 Courtesy Of First Home Real Estate Inc
6607 W. St Joseph Hwy, Lansing, MI 48917

$163,000

0.09 acres
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Estimated monthly payments: $713/mo.* (recalculate)

Property InformationDescription

This well-maintained duplex in the heart of Lansing offers an unbeatable location just minutes from Lansing Community College, the State Capitol, and downtown amenities. With easy access to W. Saginaw Hwy, commuting in and out of the city is a breeze and couldn't be more convenient. Featuring recent updates like a newer furnace and fresh interior finishes, this property is move-in ready. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other to save money for retirement, this duplex delivers strong potential. The current tenant is on a month-to-month lease, providing flexibility for new ownership. With a projected annual rental income of $21,180, this is a fantastic opportunity to generate steady cash flow. This could be bought with the neighboring property, 621 N Walnut, to add to or create a very convenient rental portfolio. 24 hour notice minimum requirement to schedule a tour of the tenant-occupied unit. Don't miss your chance to own a prime multi-unit property in Lansing! Schedule your showing today.
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Features

  • Age: Over 50 Years Old
  • Amenities: Porch
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Heating System: Forced Air
  • Lot Size: 0.09 Acres

MAP & DIRECTIONS

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617 N Walnut Street, Lansing, MI 48933
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School Information

617 N Walnut Street, Lansing, MI 48933

Elementary School
Grades PK-3 | Public School
CAVANAUGH SCHOOL
Lansing, MI 48910
300 W Cavanaugh Rd
517.­755.1250
Distance: 3.5 mi
School Rating
B-
Student:Teacher Ratio
14:1
Total Students
249
Elementary School
Grades 4-6 | Public School
SHERIDAN ROAD
Lansing, MI 48906
16900 Cedar St
517.­755.1630
Distance: 2.1 mi
School Rating
D-
Student:Teacher Ratio
16:1
Total Students
311
Elementary School
Grades PK-7 | Public School
LEWTON SCHOOL
Lansing, MI 48911
2000 Lewton Pl
517.­755.1460
Distance: 2.6 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
218
Elementary School
Grades 4-6 | Public School
MT HOPE SCHOOL
Lansing, MI 48910
1215 E Mount Hope Ave
517.­755.1550
Distance: 2.3 mi
School Rating
D
Student:Teacher Ratio
18:1
Total Students
297
Elementary School
Grades PK-6 | Public School
PATTENGILL SCHOOL
Lansing, MI 48912
815 N Fairview Ave
517.­755.1130
Distance: 1.8 mi
School Rating
C+
Student:Teacher Ratio
18:1
Total Students
606
Elementary School
Grades PK-3 | Public School
RIDDLE ELEMENTARY SCHOOL
Lansing, MI 48915
221 Huron St
517.­755.1720
Distance: 0.9 mi
Student:Teacher Ratio
9:1
Total Students
138
Middle School
Grades 7-12 | Public School
JW SEXTON HIGH SCHOOL
Lansing, MI 48915
102 McPherson Ave
517.­755.1070
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
19:1
Total Students
1077
High School
Grades 7-12 | Public School
JW SEXTON HIGH SCHOOL
Lansing, MI 48915
102 McPherson Ave
517.­755.1070
Distance: 1.1 mi
School Rating
D+
Student:Teacher Ratio
19:1
Total Students
1077
Other Nearby Schools Distance Type Grades School Rating
The Early College Lansing Community College 0.2 mi Public 10-12
Emanuel Lutheran School 0.4 mi Private KG-8
Midmichigan Leadership Academy 0.5 mi Public PK-8 D
Willow School 0.8 mi Public PK-4 C+
Gier Park School 1.4 mi Public PK-3 F
Montessori Childrens House 1.5 mi Private PK-6
St Vincent Home 1.7 mi Public KG-12
Eastern High School 1.7 mi Public 7-12 D+
Windemere Park Charter Academy 1.7 mi Public KG-8 B-
East Intermediate School 1.8 mi Public 5-6 C
Martin Luther High School 1.8 mi Private 9-12
Cumberland School 2.0 mi Public PK-3 D+
Cole Academy 2.3 mi Public KG-6 D-
Post Oak School 2.4 mi Public PK-8 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lansing, MI 48933

Median Age: 32.2
Married: 10%
Number of Households: 1,348
Households with Children: 13.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.