Address
612 N Walnut Street, Lansing, MI
Price
$ 99,000
Property Attributes
  • MLS#26047017
  • TypeSingle Family
  • Listing Status Active
  • CountyINGHAM
  • CityLansing
  • AreaLansing City
  • NeighborhoodLansing City
  • Zip48933
  • Style
  • Year Built1875
  • Taxes$ 2504
  • Price$ 99,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1320
  • Lot Size0.09 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!

Price History
9/3/2026 Listed $99,000

General Features

Sewer Public
Heating Forced Air
Utilities Natural Gas Available,Electricity Available,Natural Gas Connected
Possession Subject To Tenant Rights
Roof Shingle
Garage Spaces 2.0
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1875
Stories Count 2
Township Lansing City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Ingham
New Construction No
Property Type Residential
Attached Garage No
Garage Y/N Yes
Total Rooms 5
Full Baths 2
Status Active
City Lansing
High School District Lansing
Lot Size Units Acres
Lot Size Square Feet 3920.0
Carport Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 2504.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Tax Assessed Value 38624
MobileHomeRemainsYN No
Legal Description S 17 FT OF W 115 FT LOT 7,ALSO N 18 FT OF W 115 FT LOT 6 BLOCK 62 ORIG PLAT
Senior Community None

Interior Features

Interior Amenities Ceiling Fan(s)
Basement Full
Flooring Carpet
Heating Y/N Yes
Fireplace Y/N No
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2

Exterior Features

Parking Features Garage Faces Front,Detached
Lot Features Sidewalk
Water Source Public
Lot Size Area 0.09
Spa No
Building Area Total 1320.0
Lot Dimensions 35 x 113
Lot Size Acres 0.09
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48933

Price
AVG $160K
$100K
Taxes
AVG $3,838
$2,504
Year Built
AVG 1903
1875
Visits
AVG 54
15
Data Provided by Inside Real Estate®

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