$150,000
UNDER CONTRACT

Estimated payment $974/month

Total Views 6,161
-- Bed
2 Baths
2,106 Sq Ft
$71 Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • Front Porch
  • Forced Air Heating System
  • Wood Flooring
  • Laundry Room
  • 3-minute walk to Ferris Park

About This Home

617 N Walnut Lansing MI 48933 is an excellent investment opportunity! This spacious duplex offers immediate income potential with one unit vacant and ready for a new tenant or owner-occupant. Unit 1 is was previously rented for $825 per month, allowing a new owner to set current market rent. Unit 2 is occupied and generating $975 per month in rental income. Whether you're looking to add to your rental portfolio, house hack by living in one unit while collecting rent from the other, or lease the vacant unit for increased cash flow, this property offers outstanding flexibility. Conveniently located near downtown Lansing, Cooley Law School, Michigan State Capitol, shopping, restaurants, and major highways. Don't miss this opportunity to build wealth through real estate!

Listing Agent

Morgan Meredith

Keller Williams Realty Lansing License #6501422310 Listed on: 07/14/2026

Keller Williams Realty Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 39,204 Sq Ft Lot
  • Lot Dimensions are 33x120
  • Back and Front Yard

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2,106 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Parking

  • 2 Parking Spaces
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Front Porch
  • City Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0.9 Acres

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 2106.0
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDMyMiIsIkxpc3RpbmdJRCI6IjI5NzU0NCIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIFVuZGVyIENvbnRyYWN0IiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNy0yN1QxNjo1OToxMi4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8zNzQ3MiIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.79nR3aDsj2dVPApinqVwDuJmI6EjDwmOco2bNjOCIaE/badge
  • Special Features: UnderContract

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Hardwood
  • Levels: Two

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Lot Features: Back Yard, City Lot, Front Yard
  • PoolFeatures: None
  • RoadFrontageType: City Street
  • Patio And Porch Features: Front Porch
  • Construction Type: Vinyl Siding
  • Road Surface Type: Paved

Garage/Parking

  • Total Parking Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: None
  • LaundryFeatures: In Unit, Laundry Room
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.9
  • Lot Size: 33x120
  • Lot Size Sq Ft: 39204.0

Rental Info

  • Unit Information:_pound_ Deposits: 1
  • Unit Information:_pound_ Written Leases: 1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Info:State Eq Value: 82700.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,338 $82,700 $3,500 $79,200
2025 $5,259 $77,100 $3,500 $73,600
2024 $55 $73,000 $3,500 $69,500
2023 $4,797 $65,500 $3,500 $62,000
2022 $4,382 $58,400 $3,900 $54,500
2021 $4,623 $55,900 $4,900 $51,000
2020 $4,250 $51,900 $4,900 $47,000
2019 $3,559 $46,800 $4,900 $41,900
2018 $3,378 $43,400 $4,900 $38,500
2017 $3,250 $43,400 $4,900 $38,500
2016 $3,223 $42,600 $4,900 $37,700
2015 $3,223 $41,400 $9,850 $31,550
2014 $3,223 $41,100 $17,000 $24,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 For Sale $150,000 -- $71 / Sq Ft
Source: Greater Lansing Association of Realtors®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Liberty Title
Warranty Deed $394,200 Liberty Title
Warranty Deed -- Liberty Title
Warranty Deed $487,003 Liberty Title
Warranty Deed $21,000 Liberty Title
Quit Claim Deed -- Liberty Title
Warranty Deed $317,700 Liberty Title
Interfamily Deed Transfer -- None Available
Land Contract $17,101 None Available
Quit Claim Deed -- None Available
Land Contract $17,101 None Available
Land Contract -- Lamont Title Corporation
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner -- Future Advance Clause Open End Mortgage
Previous Owner $250,000 Commercial
Previous Owner $15,000 Construction
Source: Public Records

About the Listing Agent

Morgan Meredith

Keller Williams Realty Lansing

(517) 878-2224

Section Image

I am Listing Specialist on The SELLING Team with over 10 years in the real estate industry. My start in the real estate world is a unique one. Prior to obtaining my license, I worked as an Administrative Assistant on The SELLING Team where I specialized in Listing Management and Marketing. I enjoyed creating great relationships and helping clients so much so that I decided to take the leap and become an Agent herself. I have an extensive understanding of the real estate industry from both an

Morgan's Other Listings

  • 621 N Walnut St, Lansing, MI 48933

    $180,000

    • 3 Baths
    • 1,965 Sq Ft
    • 621 N Walnut St
    • Lansing, MI

    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

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 908 N Pine St, Lansing, MI 48906

    $80,000 $5K PRICE DROP

    • 3 Beds
    • 1 Bath
    • 1,232 Sq Ft
    • 908 N Pine St
    • Lansing, MI

    Welcome to 908 N Pine in Lansing, a 3-bedroom, 1-bath home full of character and opportunity. Featuring beautiful natural woodwork, a formal dining room, and plenty of living space, this home offers both charm and functionality. The covered front porch provides a great spot to relax, while the large yard offers room for outdoor enjoyment. The full bathroom includes both a tub and shower, adding

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 208 N Hosmer St, Lansing, MI 48912

    $70,000

    • 4 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 208 N Hosmer St
    • Lansing, MI

    Welcome to 208 N Hosmer St in Lansing, an excellent opportunity for investors, renovators, or buyers looking to build instant equity. This 4-bedroom, 2-bath home is full of potential, featuring beautiful natural woodwork. While the home does need some love and updating, the upside is substantial. With renovations and improvements, this property has the potential to command a value well over

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 1213 Hickory St, Lansing, MI 48912

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,003 Sq Ft
    • 1213 Hickory St
    • Lansing, MI

    Welcome to 1213 Hickory St in Lansing, a charming 2-bedroom home that blends classic character with thoughtful updates throughout. Inside, you'll find beautiful hardwood floors, natural woodwork, and an updated kitchen that offers modern convenience while maintaining the home's timeless appeal. The first-floor laundry adds everyday convenience, while newer flooring upstairs provides a fresh,

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 507 N Clemens Ave, Lansing, MI 48912

    $130,000

    • 3 Beds
    • 2 Baths
    • 946 Sq Ft
    • 507 N Clemens Ave
    • Lansing, MI

    Welcome to 507 N. Clemens Ave in Lansing, a well-maintained and updated 3-bedroom, 2-bath home offering a fantastic opportunity for both investors and future homeowners. Currently tenant-occupied on a month-to-month lease at $1,375 per month, this property provides immediate rental income with flexibility for future plans. Inside, you'll find newer flooring, an updated bathroom, and numerous

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 1216 Bensch St, Lansing, MI 48912

    $90,000

    • 3 Beds
    • 1 Bath
    • 610 Sq Ft
    • 1216 Bensch St
    • Lansing, MI

    Well-maintained 3-bedroom, 1-bath investment property with a reliable tenant already in place. Currently leased through September 2026 at $960 per month, providing immediate rental income. Tenant pays all utilities, helping maximize your return. The home features a fenced backyard and has been well cared for, making it a solid addition to any investment portfolio. Whether you're expanding your

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 554 Pacific Pkwy, Lansing, MI 48910

    $199,900 $10K PRICE DROP

    • 4 Beds
    • 1 Bath
    • 1,851 Sq Ft
    • 554 Pacific Pkwy
    • Lansing, MI

    Welcome to 554 Pacific Parkway in Lansing, a beautifully updated 4-bedroom home where the major improvements have already been done for you. From top to bottom, this home has been thoughtfully renovated with a new roof, updated flooring, fresh lighting, an updated bathroom, new interior doors, trim, vent covers, and updated electrical, creating a move-in-ready space you'll love. The inviting

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 216 Denver St, Lansing, MI 48910

    $80,000

    • 3 Beds
    • 1 Bath
    • 951 Sq Ft
    • 216 Denver St
    • Lansing, MI

    Welcome to 216 Denver St in Lansing, a 3-bedroom home offering an excellent investment opportunity. This property is a licensed rental through September 1, 2027, providing added value and peace of mind for investors. Currently leased through April 30, 2027, for $999 per month, with the tenant responsible for all utilities, this home offers immediate, reliable rental income and a low-maintenance

    Morgan Meredith Keller Williams Realty Lansing

    Section Image
  • 1071 Lilac Ave, East Lansing, MI 48823

    $349,900 Pending

    • 4 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • 1071 Lilac Ave
    • East Lansing, MI

    Welcome to 1071 Lilac Ave in East Lansing, a beautifully maintained 4-bedroom, 2-bath Cape Cod located in the desirable Flowerpot Neighborhood. Licensed for a family or up to four unrelated occupants, this property is an excellent opportunity for both homeowners and investors. Currently leased for $2,900 per month through August 2027, it offers immediate rental income in a prime location close to

    Morgan Meredith Keller Williams Realty Lansing

    Section Image

Source: Greater Lansing Association of Realtors®

MLS Number: 297544

Greater Lansing Association of Realtors®

APN: 01-01-16-104-111

Your Personal Tour Guide

Ask me questions while you tour the home.