514 N Walnut Street, Lansing, MI 48933

• 2 baths

Property Description

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

Listing Status:

Active

Date Added:

March 4, 2026

Data Last Updated:

May 20, 2026 at 7:38PM

Listing Office:

Five Star Real Estate - Lansing : 517-507-0068

Listing Agent:

John Hagerty, Jr. : 517-803-5868

MLS ID:

294234

Interior

• Laundry: In BasementSee Remarks
• Basement: Full
• A/C: None
• Heating: Hot WaterNatural Gas

Construction

• General: Wood SidingRough SawnTwo

Location

• Road/Access: City Street
• Originating MLS: Greater Lansing Association of REALTORS®
• School District: Lansing
• County: Ingham

Lot

• Zoning: W 104 FT LOT 9 BLOCK 71 ORIG PLAT33-01-01-16-129-052

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Greater Lansing Association of REALTORS®