Section Image Section Image

Explore Similar Apartments Within 2 Miles of Old Forest, MI

  • /32

    $250,000

    • 1,888 Sq Ft

    904 Linden Grove Ave, Lansing, MI 48912

    Welcome to 904 Linden Grove in Lansing, MI - a fully remodeled property that has been upgraded inside and out within the last 5 years. This well-maintained building features beautiful hardwood floors throughout and offers three rental units, making it a fantastic investment opportunity. The property includes a spacious 2-bedroom unit renting for $1025 per month, as well as two 1-bedroom units,

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 715-0731

    904 Linden Grove Ave, Lansing, MI 48912
  • /28

    $89,900

    • 1,251 Sq Ft

    212 S 8th St, Lansing, MI 48912

    Agent Photo

    Ben Magsig

    EXP Realty - Haslett

    (517) 837-7473

    212 S 8th St, Lansing, MI 48912
  • /13

    $1,200

    • 2 Beds
    • 724 Sq Ft

    221 S Rosemary Ave, Lansing, MI 48917

    Nicely updated 2-bedroom, 1-bath duplex in Lansing! This bright unit features a spacious living area, an updated kitchen with ample cabinet space, and dedicated laundry in the shared utility area. Fresh updates throughout create a comfortable, modern feel. Conveniently located near downtown Lansing, highways, and shopping. Great value, clean, and move-in ready! (No pets, please.)

    Agent Photo

    Christopher Silker

    Keller Williams Realty Lansing

    (517) 258-3246

    221 S Rosemary Ave, Lansing, MI 48917
  • /17

    $89,000

    • 1 Bath
    • 1,500 Sq Ft

    147 Isbell St, Lansing, MI 48910

    Great investment opportunity in Lansing! This well-maintained duplex offers excellent income potential, bringing in up to $1,500 per month when fully rented. The upper unit is currently occupied at $750 per month, with tenants paying all utilities. The lower unit is vacant and recently remodeled, featuring new countertops, flooring, and fresh paint, perfect for an owner-occupant or new tenant.

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 300-3294

    147 Isbell St, Lansing, MI 48910
  • /48

    $165,000

    • 2,932 Sq Ft

    602 N Pennsylvania Ave, Lansing, MI 48912

    Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New

    Agent Photo

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 399-2398

    602 N Pennsylvania Ave, Lansing, MI 48912
  • /28

    $124,900

    • 1,366 Sq Ft

    922 Dakin St, Lansing, MI 48912

    Great Investment Opportunity!This 2-unit rental property offers tremendous potential for investors. The main level features a spacious 2-bedroom, 1-bathroom unit currently rented, while the upper unit boasts a cozy 1-bed, 1-bath layout, which is also currently rented - Expected market rent $825Both units are responsible for their own utilities and trash. The property also includes a

    Agent Photo

    David Hall

    Achieve Real Estate LLC

    (517) 836-5754

    922 Dakin St, Lansing, MI 48912
  • /36

    $300,000

    • 1,672 Sq Ft

    412 S Hayford Ave, Lansing, MI 48912

    Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all!Investor: itâ€TMs currently in short term rental with current cap rate around 11 (3units renting out, 5yrs data consistently) with all four units rent out cap rate can go up to 14 (or higher to 17, a data point, if you would work for yourself, you may get 100% cash to cash returns, so you

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 924-9442

    412 S Hayford Ave, Lansing, MI 48912
  • /15

    $99,900

    • 1 Bath
    • 1,188 Sq Ft

    138 S Francis Ave, Lansing, MI 48912

    Don't miss this income-producing opportunity, live in one unit and rent out the other, or add a solid investment to your portfolio! This duplex features two 1-bedroom, 1-bath units, each full of character, charm, and hardwood floors throughout. Perfectly situated within walking distance to downtown Lansing, major employers, Frandor Shopping Center, and just minutes from East Lansing, this

    Jeff Burke EXP Realty, LLC

    138 S Francis Ave, Lansing, MI 48912
  • /20

    $225,000

    • 2,960 Sq Ft

    837 E Shiawassee St, Lansing, MI 48912

    Welcome to 837 E Shiawassee St - an updated, income-generating 3-unit property with a large three car detached garage, in a prime Lansing location. Each unit offers two bedrooms and one full bathroom, with tenants responsible for all utilities, maximizing your net operating income. Conveniently situated near the University of Michigan Health-Sparrow Hospital, Neogen, and the Stadium District, the

    Benjamin Parker Apex Appraisal Company LLC

    837 E Shiawassee St, Lansing, MI 48912
  • /19

    $1,100,000

    • 23 Beds
    • 12 Baths
    • 7,760 Sq Ft

    4221 N Grand River Ave, Lansing, MI 48906

    Skyline Apartments is a well-maintained 12-unit multifamily property located along Lansing’s northwest Grand River corridor. Built in 1965 and fully renovated in 2023, the property totals 7,760 SF across one two-story building with a garden-level layout. The unit mix consists of eleven 2-bed/1-bath apartments and one 1-bed/1-bath unit, averaging 783 SF. Current occupancy is 95%, generating over

    Michael McClafferty OakPointe Real Estate Advisors

    4221 N Grand River Ave, Lansing, MI 48906
  • /14

    $89,900

    • 1 Bath
    • 1 Sq Ft

    223 E Hillsdale St, Lansing, MI 48933

    Cherry Hill Historical Area, property was used as a two unit. Great location minutes to downtown Lansing, LCC, and Capitol.

    Ray Kruch Real Estate One 1st

    223 E Hillsdale St, Lansing, MI 48933
  • /76

    $255,000

    • 2 Baths
    • 1 Sq Ft

    513 W Hillsdale St, Lansing, MI 48933

    2 houses, 3 units and 1 Vacant Lot. Investor's Dream Opportunity-Discover an incredible investment package featuring two homes and an additional vacant lot, offering excellent income potential and future development possibilities. 513 W Hillsdale features two separate units 2-bedroom, 1-bath units, each with its own entrance—perfect for rental income or multi-generational living. 515 W

    Shasta DeLong DeLong and Co.

    513 W Hillsdale St, Lansing, MI 48933
  • /22

    $149,000

    • 1 Bath
    • 1,342 Sq Ft

    1120 Alsdorf St, Lansing, MI 48910

    Excellent opportunity for investors or owner-occupants! This versatile 2-unit property features one vacant unit ready for immediate occupancy and another currently occupied, providing instant rental income. Each unit offers comfortable living space with great natural light and functional layouts. Ideal for those looking to live in one unit and rent the other or add a solid income-producing

    Tim Sabrosky RE/MAX Real Estate Professionals

    1120 Alsdorf St, Lansing, MI 48910
  • /10

    $119,000

    • 2 Baths
    • 1,550 Sq Ft

    824 Seymour Ave, Lansing, MI 48906

    Duplex located near LCC and the State Capitol. Both units feature 2 bedrooms and 1 bathroom, fully functional kitchens, in-unit laundry, and efficient layouts. New roof installed March 2025. Rental license valid through February 1 2027. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    824 Seymour Ave, Lansing, MI 48906
  • /19

    $130,000

    • 2 Baths
    • 1,520 Sq Ft

    605 Seymour Ave, Lansing, MI 48933

    Duplex located near LCC and the State Capitol. Both units feature fully functional kitchens, in-unit laundry, and efficient layouts. Rental license valid through July 1, 2028. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    605 Seymour Ave, Lansing, MI 48933
  • /25

    $130,000

    • 2 Baths
    • 1,332 Sq Ft

    603 Seymour Ave, Lansing, MI 48933

    Duplex located near LCC and the State Capitol. Both units feature fully functional kitchens, in-unit laundry, and efficient layouts. Rental license valid through August 1, 2026. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    603 Seymour Ave, Lansing, MI 48933
  • /18

    $79,900

    • 1,472 Sq Ft

    607 Shepard St Unit 2, Lansing, MI 48912

    BUYERS AGENTS ARE TO USE OTHER COSTS FIELD ON OFFER SYSTEM TO NOTE THEIR REQUESTED All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. If your offer is accepted, you agree to be responsible for an offer submission technology fee of $225.00. The fee will be collected and disbursed by the settlement agent and disbursed at the closing and settlement of the transaction. To

    Ruben Sauceda Great America Brokers LLC

    607 Shepard St Unit 2, Lansing, MI 48912
  • /46

    $189,900

    • 2,833 Sq Ft

    1722 S Washington Ave, Lansing, MI 48910

    Welcome to 1722 S Washington, Lansing MI. This money making licensed four unit has long term renters. There are separate gas and electric meters. Basement can be accessed by all 4 units if you choose to add coin laundry. Convenient location, close to Reo town, downtown and highways. Nice new front porch and balcony. Parking out back. Seller is a licensed realtor in the state of Michigan.

    Angela Averill Century 21 Affiliated

    1722 S Washington Ave, Lansing, MI 48910
  • /22

    $195,000

    • 2,440 Sq Ft

    312 N Butler Blvd, Lansing, MI 48915

    This is a great income-producing property with three units, each responsible for their own utilities. It boasts an excellent location, just two blocks from the Michigan State Complex and close to Lansing Community College. The property is also ideal for owner occupancy, featuring both a three-bedroom and a two-bedroom unit. It currently holds a valid license with the City of Lansing.

    Wanda Bloomquist Berkshire Hathaway HomeServices

    312 N Butler Blvd, Lansing, MI 48915
  • /26

    $115,000

    831 Vine St, Lansing, MI 48912

    Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cash flow! $1550/month rent. This newly vinyl sided 2 and 1 duplex is rented into 2026 so start making money the day you close. Located in a high-demand area near Sparrow Hospital, LCC, Cooley Law and the Michigan ave corridor, the demand for this location is not slowing

    Jacob Horman EXP Realty LLC

    831 Vine St, Lansing, MI 48912
  • /23

    $285,000

    • 2,796 Sq Ft

    1219 N Washington Ave, Lansing, MI 48906

    BACK ON MARKET DUE TO BUYER LOSING FINANCING- NO FAULT OF THE PROPERTIES. Previously appraised at value!! GREAT OPPORTUNITY! Calling all Lansing area new or seasoned investors - DOUBLE the Income!! These sought-after multi-units provide Great Immediate Income with an unbeatable location! Prime location within walking distance to Lansing's famous Old Town District. Attract tenants that love

    Amber Redman Five Star Real Estate - Lansing

    1219 N Washington Ave, Lansing, MI 48906
  • /53

    $159,900

    • 1,422 Sq Ft

    1010 W Barnes Ave, Lansing, MI 48910

    Solid Investment Opportunity! This fully occupied 3-unit property (seller occupies one unit) offers immediate income and proven tenant stability. Each unit features private entrances, functional layouts, and steady rental history with minimal turnover. Garage and driveway parking add to tenant appeal, while recent seller updates (eg: roof, plumbing, etc. - see list) provide peace of mind.

    Elizabeth (Betsy Acker EXIT Realty Home Partners

    1010 W Barnes Ave, Lansing, MI 48910
  • /40

    $207,500

    • 1,662 Sq Ft

    309 & 311 S Holmes St, Lansing, MI 48912

    This charming 2-unit duplex offers a fantastic opportunity for both investors and homeowners. Each unit features 2 spacious bedrooms, providing ample living space for tenants or family members. The property includes a full basement, perfect for storage or potential additional living space. Both units are currently on a month-to-month lease, offering flexibility for future plans. Located close to

    David Barone RE/MAX Real Estate Professionals

    309 & 311 S Holmes St, Lansing, MI 48912
  • /30

    $119,900

    • 1,682 Sq Ft

    1128 W Washtenaw St, Lansing, MI 48915

    Welcome to 1128 W Washtenaw st. Great investment opportunity near downtown Lansing! This duplex features two units: Both with 2 bedrooms and 1 full bath each. With 1,682 total sq ft this property is ideal for investors or owner-occupants looking to offset their mortgage with rental income. Basement includes a shared laundry. Each unit pays separate Gas and shares electric and water. Home features

    Shron Nathan Five Star Real Estate - Lansing

    1128 W Washtenaw St, Lansing, MI 48915
  • /16

    $110,900

    • 1,762 Sq Ft

    611 N Pine St, Lansing, MI 48933

    Two-Unit Multi-Family Home in Lansing - Excellent investment or owner-occupant opportunity! This well-maintained property features two spacious units, each with its own private entrance and separate utilities. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit provides 3 bedrooms and 1 bathroom. Both units include updated appliances and comfortable living spaces. Each unit is

    Arlone Hudson Five Star Real Estate - Lansing

    611 N Pine St, Lansing, MI 48933
  • /50

    $155,000

    • 1,436 Sq Ft

    217 N Butler Blvd, Lansing, MI 48915

    Discover this excellent income-generating property featuring three separate units with separated utilities—ideal for investors or owner-occupants looking to offset their mortgage.The main front building includes two well-maintained units, each with comfortable living spaces and great rental appeal. In the back, you'll find a standalone unconnected building that offers a third private unit,

    Mykayla Fenska Home Towne Real Estate

    217 N Butler Blvd, Lansing, MI 48915
  • /13

    $264,900

    • 1,760 Sq Ft

    833 Vine St, Lansing, MI 48912

    4-Unit Property income property. Each unit has one bedroom and one bath. Great location near University of Michigan Sparrow, Neogen and the Stadium District! Property interior has been updated. Landlord pays water, sewer and heat. Tenant pays electric. Property can be purchased together with 819 Vine St (5-unit - $359,900).

    Benjamin Parker Apex Appraisal Company LLC

    833 Vine St, Lansing, MI 48912
  • /22

    $99,900

    811 Larned St, Lansing, MI 48912

    Discover an exceptional investment opportunity in Lansing, Michigan, featuring a well-maintained multi-unit property with tremendous potential. The lower unit has been completely remodeled, offering modern finishes, updated appliances, and a fresh, inviting atmosphere—perfect for attracting reliable tenants or providing a comfortable living space if you choose to occupy it yourself. This property

    Ricardo Cottengim Cody & Co.

    811 Larned St, Lansing, MI 48912
  • /5

    $85,000

    509 N Walnut St Unit 1, Lansing, MI 48933

    For sale ''As is'' knob and tube wiring needs to be replaced and price is a reflection of that needed upgrade. Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate

    Ricardo Cottengim Cody & Co.

    509 N Walnut St Unit 1, Lansing, MI 48933
  • /2

    $90,000

    • 1,038 Sq Ft

    207 S Hosmer St, Lansing, MI 48912

    Investors Welcome! Great 2 unit - 2 bed/1.5 bath & 1 bed/1 bath. Currently rented. 48 hour notice required for all showings.

    Brian Ozbun Bellabay Realty, LLC

    207 S Hosmer St, Lansing, MI 48912
  • /2

    $99,000

    • 1,464 Sq Ft

    209 S Hosmer St, Lansing, MI 48912

    Investors Welcome! Great 3 unit property. Currently rented. 48 hour notice required for all showings.

    Brian Ozbun Bellabay Realty, LLC

    209 S Hosmer St, Lansing, MI 48912
  • /14

    $89,900

    • 1,656 Sq Ft

    917 E Kalamazoo St, Lansing, MI 48912

    Brian Ozbun Bellabay Realty, LLC

    917 E Kalamazoo St, Lansing, MI 48912
  • /19

    $81,400

    • 6 Beds
    • 2 Baths
    • 2,150 Sq Ft

    421 N Pennsylvania Ave Unit 1, Lansing, MI 48912

    Charming multifamily property available. Three bedrooms/one bathroom per unit. Easy access to commercial areas. Attractive investment property! RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding.

    Lori Brown Realhome Services and Solutions Inc

    421 N Pennsylvania Ave Unit 1, Lansing, MI 48912

Why Live in Old Forest

Old Forest in Lansing is a neighborhood situated just north of Downtown Lansing and west of Old Town, known for its competitive home prices and walkable streets. The area is popular among investors, college students, and first-time homebuyers, with 60% of the population being renters. Home styles include older bungalows, Craftsman-style homes, and remodeled American Foursquares, with prices ranging from $40,000 to $175,000. The neighborhood is highly accessible, featuring bus routes 3 and 12, and is just 3 miles from Capital Region International Airport. Michigan State University is a 10-minute drive via Martin Luther King Jr. Boulevard and I-495. Residents enjoy dining options like Capital City BBQ and El Azteco, and shopping at Gorman’s Food Market and Capital City Market. For more extensive shopping, Lansing Mall is 4 miles west in Waverly. Comstock Park offers green space and a playground, while the Lansing River Trail provides a 20-mile pathway for walking and cycling. Lansing Community College and Michigan State University are nearby, with MSU being highly rated. Old Forest experiences less flooding than areas closer to the Grand River. However, noise pollution from the nearby airport can be an issue. Overall, Old Forest provides a mix of affordability, convenience, and local features, making it a practical choice for various residents.

Home Trends in Old Forest, MI

Housing Trends

Median Sale Price
$97,500
Median Single Family Sale Price
$105,000
Average Price Per Sq Ft
$76
Number of Homes for Sale
9
Last 12 months Home Sales
32
Months of Supply
3.40
Median List Price
$112,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-18%
How to Buy a Home How to Finance a Home How to Sell a Home