617 N Walnut St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated payment $961/month
--
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
Keller Williams Realty Lansing License #6501422310 Listed on: 07/14/2026
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|
| Closed | -- | Future Advance Clause Open End Mortgage | |
| Closed | $250,000 | Commercial | |
| Closed | $15,000 | Construction |
Source: Public Records
About the Listing Agent
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
Source: Greater Lansing Association of Realtors®
MLS Number: 297544
APN: 01-01-16-104-111
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Copyright © 2026 Greater Lansing Association of REALTORS®
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