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$1,050,000
-- Bed
12 Baths12 full baths
7,760sqft
4221 N Grand River Ave, Lansing, MI 48906
$1,050,000
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Multi Family
Built in 1965
$-- HOA
12,632.4 sqft lot
$135/sq.ft
Description
Skyline Apartments is a well-maintained 12-unit multifamily property located along Lansing's northwest Grand River corridor. Built in 1965 and renovated in 2023, the property totals 7,760 SF across one two-story building with a garden-level layout. The unit mix consists of eleven 2-bed/1-bath apartments and one 1-bed/1-bath unit, averaging 783 SF. Current occupancy is 100%, generating over $13,000 in monthly rent with additional upside through continued rent growth and operational efficiencies. Priced at $1,100,000 ($91,667/unit), Skyline offers investors a multifamily investment opportunity, supported by Lansing's strong employment base anchored by Michigan State Univers...
Continue Reading- Houzeo last checked: 35 Minutes ago
- Listing updated: November 17, 2025 at 11:29 pm
- Listing Provided by: Michael McClafferty (248) 972-7040 DRE #6501421721 | OakPointe Real Estate Advisors (248) 972-7040
- Source: MiRealSource MLS-MI | MLS#: 60951878
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
7,760 sqft
Lot Size
12,632.4 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60951878
MLS Status
Active
Days on Market
28
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