621 N Walnut Street Lansing, MI 48933

Other Residential MLS #: 286629 Courtesy Of First Home Real Estate Inc
6607 W. St Joseph Hwy, Lansing, MI 48917

$166,000

0.08 acres
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Estimated monthly payments: $726/mo.* (recalculate)

Property InformationDescription

This fully rented triplex in the heart of Lansing is a fantastic investment opportunity, generating $25,200 in annual rental income. Located just minutes from Lansing Community College, the State Capitol, and downtown, this property offers unbeatable convenience for tenants. With easy access to W. Saginaw Hwy, commuting is effortless in and out of the city. This well-maintained multi-unit is a strong cash-flowing asset, perfect for investors looking for steady returns. Additionally, the property can be purchased together with the neighboring property at 617 N Walnut, creating an even greater investment opportunity. Don't miss your chance to own this income-generating triplex in a prime location. Reach out today for more details! 24 hour notice minimum required to tour tenant-occupied units.
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Features

  • Age: Over 50 Years Old
  • Amenities: Porch
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Heating System: Hot Water
  • Lot Size: 0.08 Acres

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621 N Walnut Street, Lansing, MI 48933
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School Information

621 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: 3.6 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
Eastern High School 1.7 mi Public 7-12 D+
St Vincent Home 1.7 mi Public KG-12
Windemere Park Charter Academy 1.7 mi Public KG-8 B-
Martin Luther High School 1.8 mi Private 9-12
East Intermediate School 1.8 mi Public 5-6 C
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.