Movoto Real Estate
Sold on 03/07/2024
  • Exterior
  • Entry Way
  • Other
  • Kitchen
  • Bath
  • Living

508 N Walnut St, Lansing, MI 48933

$161,000

Last sold 03/07/2024 for $153K

  • bed

  • bath

Multi-family not for sale

About 508 N Walnut St

Property type Multi-family
Neighborhood
Year built 1887
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Rental estimate
Property description
Updated charming 2 unit duplex in perfect downtown location. Turn key, rented and cash flowing. Walking distance to LCC, bus stops and parks. Both 2 bedroom units are bright and inviting with lots of windows, large rooms, updated kitchens, and baths. Lots of paved parking in rear. Split electric meters, landlord pays gas/water. Lots of updates, licensed rental.
Listed by
Listing Agent - David Hall
Listing Office - EXP Realty - Lansing
Source: Greater Lansing Area Realtors mls logo
MLS#278922 • last updated 2 years ago
Movoto checked Greater Lansing Area Realtors for data 10 minutes ago
Overview
Cooling/AC None
Heating Forced Air, Natural Gas
Levels/Style Two
MLS # 278922
Status Closed
Lot Size (Acres) 0.2
Lot Size (Sqft) 8712
Tax Assessed Value 43167
Year Built 1887
Interior
Basement Bilco Door, Full
Laundry None
Exterior
Construction Vinyl Siding
# of Parking Spaces 5
Parking Driveway, Private
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Location
Subdivision None
High School District Lansing
APN 33-01-01-16-129-071
Directions Walnut, Between Genesee & Lapeer
Multifamily Details
Total # of Units 2
$161K
Range: $115K-$206K
Last 30 days 
Rental est.: $705/month
Gross rent multiplier: 18.1
  • Apr 2024
    Public Records
  • Apr 12, 2024 Sold
    $153,219 (+9.5%)
  • Mar 2024
    mls logo MLS # 278922
  • Mar 12, 2024 Pending
  • Mar 7, 2024 Active Backup
  • Feb 29, 2024 Listed
    $139,900 (+55.4%)
  • Feb 2020
    mls logo MLS # 241149
  • Feb 10, 2020 Sold
    $90,000
  • Sep 25, 2019 Listed
    $94,750
  • Dec 2019
    Public Records
  • Dec 19, 2019 Sold
    $90,000 (-5.0%)
  • Year Property taxes Tax assessment
  • 2024
    $3,915 +6.2%
    $78,300 +5.38%
  • 2023
    $3,687 -0.6%
    $74,300 +10.73%
  • 2020
    $3,710
    $67,100
  • 508 N Walnut St
    $153K
  • Downtown Lansing
    $139K +7% y/y
  • 48933
    $134K -9% y/y
  • Lansing
    $150K -3% y/y
No chart available
Statistics calculated by Movoto

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N/A
5/10
3/10
Source: GreatSchools.org © 2026. All rights reserved.

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