Walnut Flatz

826 N Walnut St, Lansing, MI 48906

  • For Sale $542,000
  • Property Type Multi-Family
  • Property Size 4,809 SF
  • Units 8
  • Lot Size 0.26 Acre
  • Building Class C
  • Year Built 1965
  • Date Updated Aug 27, 2025
Discover the potential of the North Walnut neighborhood in Lansing, MI. With a location within close proximity to the state Capitol, downtown businesses, and Michigan State University, the area offers a dynamic environment in Old Town. Tenants benefit from easy access to a variety of dining and retail in both Old Town and downtown Lansing. There are also entertainment options, as well as cultural attractions such as the Lansing Art Gallery and Historical Society. The location's strong connectivity to major roadways and public transportation further enhances its appeal.Introducing an investment opportunity in Lansing, MI. This 4,809 SF low-rise property, comprising 8 units, is an attractive prospect for multifamily investors. Built in 1965, this property boasts 100% occupancy, offering a stable income stream from day one. The units are well designed for comfort and convenience, ensuring tenant satisfaction. With its strong rental history and strategic location, this property presents a compelling opportunity for investors seeking a solid addition to their multifamily portfolio in the Lansing area.
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Highlights

  • 100% occupied
  • 4,809 SF building with finished garden level
  • 8 total units - 5 One bedroom and 3 two-bedroom
  • Affordable entry point into the multifamily market
  • Built in 1965

Contacts

broker
Dave Robinson

NAI Mid-Michigan

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable

  • Transit Score ®

    49/100 Some Transit

  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

  • East Lansing

    3.50 miles

  • Eaton

    0.16 miles

  • Marathon

    0.26 miles

  • Pacific Pride

    0.42 miles

  • Speedway

    0.59 miles

  • ChargePoint

    0.64 miles

  • Sunoco

    0.75 miles

  • Greenlots

    0.98 miles

  • Blink

    1.05 miles

  • Clipper Creek

    1.11 miles

  • Quality Dairy

    1.11 miles

  • LCC Lot 6

    0.16 miles

  • Gannon Ramp

    0.33 miles

  • Lot 56

    0.45 miles

  • North Capitol Ramp

    0.48 miles

  • Roosevelt Parking Ramp

    0.53 miles

  • North Grand Ramp

    0.61 miles

  • Allegan Ramp

    0.67 miles

  • Ottawa Surface Lot

    0.69 miles

  • Ottawa Ramp

    0.69 miles

  • Allegan Surface Lot

    0.75 miles

  • Cozy Koi Bed and Breakfast

    0.14 miles

  • DoubleTree

    0.68 miles

  • Courtyard Lansing Downtown

    0.95 miles

  • TownePlace Suites Lansing North

    2.26 miles

  • Homewood Suites by Hilton Lansing Eastwood

    2.49 miles

  • Quality Inn University

    2.52 miles

  • Courtyard Lansing

    2.58 miles

  • Hyatt Place

    2.62 miles

  • AC Hotel Lansing University Area

    2.68 miles

  • Fairfield Inn & Suites Lansing at Eastwood

    2.75 miles

  • Einstein Bros. Bagels

    0.39 miles

  • Subway

    0.39 miles

  • Grand Avenue Market

    0.39 miles

  • Sir Pizza

    0.44 miles

  • Olympic Broil

    0.45 miles

  • Happy's Pizza

    0.48 miles

  • 517 BBQ

    0.49 miles

  • Pablo's Old Town

    0.49 miles

  • Meat BBQ

    0.51 miles

  • Arctic Corner

    0.51 miles

  • Walnut Street School

    0.17 miles

  • Lansing Community College

    0.40 miles

  • Former Cedar Street Elementary School

    0.58 miles

  • Willow Street School

    0.67 miles

  • Vivian Riddle Elementary School

    1.05 miles

  • Grand River Elementary School

    1.08 miles

  • Verlinden Elementary School

    1.11 miles

  • Otto Middle School

    1.12 miles

  • High Street School

    1.12 miles

  • Saint Therese School

    1.24 miles

  • Let's Play

    2.56 miles

  • Kid Time Child Development Center

    3.27 miles

  • Michigan State University Child Development Laboratories

    3.46 miles

  • Little Dreamers Daycare Center

    4.11 miles

  • Eastminster Child Development Center

    4.76 miles

  • TinkrLab

    5.65 miles

  • Gilden Woods Okemos

    7.55 miles

  • Gilden Woods

    7.56 miles

  • Haslett Child Development Center

    7.70 miles

  • Wilkshire Early Childhood Center

    8.50 miles

Frequently Asked Questions

How much does Walnut Flatz cost?

The space currently listed for sale at Walnut Flatz asks for $542,000.

What is the total square footage of Walnut Flatz?

Walnut Flatz totals 4,809 square feet.

When was this property built?

Walnut Flatz was built in 1965.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Dave Robinson

NAI Mid-Michigan

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