621 N Walnut St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated payment $1,103/month
Total Views
16,868
4
Beds
3
Baths
1,965
Sq Ft
$87
Price per Sq Ft
Highlights
- Covered Patio or Porch
- Back and Front Yard
- 4-minute walk to Durant Park
- Forced Air Heating System
About This Home
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 continued rental income. Unit 2 is leased through April 30, 2027 at $825/month, offering stable, long-term income. Unit 3 is rents at $700/month. Located close to downtown Lansing, shopping, restaurants, and major highways, this property is an excellent opportunity for investors and owner-occupants alike. Schedule your showing today!
Listing Agent
Keller Williams Realty Lansing License #6501422310 Listed on: 07/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1903
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 45.8x79
- Back and Front Yard
Home Design
- Triplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,965 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 4 Parking Spaces
- Parking Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Water Heater
Additional Features
- Covered Patio or Porch
- City Lot
Community Details
- 3 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 |
|---|---|---|---|---|
| 2026 | $6,446 | $81,900 | $4,000 | $77,900 |
| 2025 | $5,245 | $76,800 | $4,000 | $72,800 |
| 2024 | $51 | $72,800 | $4,000 | $68,800 |
| 2023 | $4,936 | $65,400 | $4,000 | $61,400 |
| 2022 | $4,517 | $58,400 | $4,400 | $54,000 |
| 2021 | $4,413 | $55,900 | $5,600 | $50,300 |
| 2020 | $4,381 | $52,100 | $5,600 | $46,500 |
| 2019 | $3,611 | $47,000 | $5,600 | $41,400 |
| 2018 | $3,432 | $42,900 | $5,600 | $37,300 |
| 2017 | $3,300 | $42,900 | $5,600 | $37,300 |
| 2016 | $3,244 | $42,100 | $5,600 | $36,500 |
| 2015 | $3,244 | $40,900 | $11,106 | $29,794 |
| 2014 | $3,244 | $40,100 | $17,000 | $23,100 |
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 |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Price Changed | $170,000 | -5.6% | $87 / Sq Ft |
| 07/13/2026 07/13/26 | For Sale | $180,000 | -- | $92 / 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 | $394,200 | Liberty Title | |
| Warranty Deed | -- | Liberty Title | |
| Warranty Deed | $487,003 | Liberty Title | |
| Quit Claim Deed | -- | Liberty Title | |
| Warranty Deed | $317,700 | Liberty Title | |
| Interfamily Deed Transfer | -- | 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
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: 297536
APN: 01-01-16-104-121
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Copyright © 2026 Greater Lansing Association of REALTORS®
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