# 617 N Walnut Street, Lansing, MI 48933

> **TL;DR:** 4bd/2ba residential multi family, $150,000, built 1890.
> Spa, Hardwood. Est. $802/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Year Built | 1890 |
| Lot Size | 39,204 sqft (0.90 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $758 |
| Estimated Insurance | $44 |
| **Total** | **$802** |

## Key Amenities

- Spa
- Hardwood

## Property Highlights

- Built in 1890
- 0.90 acre lot
- 2 stories
- 2 parking spaces

## Description

### Agent Description
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!

## Location

- **Address:** 617 N Walnut Street, Lansing, MI 48933
- **County:** Ingham
- **Coordinates:** 42.740494, -84.557284
- **Google Maps:** https://www.google.com/maps?q=42.740494,-84.557284

## Listing Agent

- **Name:** Morgan Meredith
- **Brokerage:** Keller Williams Realty Lansing
- **Phone:** 5175051422

## Primary Photo

![617 N Walnut Street - Primary Photo](http://lh.rdcpix.com/796e8cfd54f6aa3d3b117857e97814b6l-f3419678502r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.ai/listing/617-n-walnut-street-lansing-mi-48933-i297544)*

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**MLS#:** 297544 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/617-n-walnut-street-lansing-mi-48933-i297544)

---

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