BEDS0
BATHS12 full
SQUARE FEET7,760
MLS#20251052605
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNorthwesternno 3
SCHOOLLansing
Property 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 University, Sparrow Health, and General Motors.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished, Common
Fuel Type: Natural Gas
Heating: Baseboard
Lot Size: 0.29 Acres
Year Built: 1965
Feature Descriptions
Architecture: Other
Days on Site: 162
Exterior: Brick
Foundation: Basement
Interior: Laundry Facility
Lot Dimensions: 0.29 Acre(s)
Road Frontage: Paved
Summer Tax: $19250.0000
Winter Tax: $2991.4400
Local Schools
School District: Lansing
Listed By / Shown By
Listed By
Agency Name: OakPointe Real Estate Advisors
Agency Phone: (248) 972-7040
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 2,643.09 per month $2,336.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $306.25 Homeowner's Insurance
4221 N Grand River Avenue | MLS# 20251052605
This multi-family property located at 4221 N Grand River Avenue, Lansing, MI 48906 is currently listed for sale with an asking price of $1,050,000. N Grand River Avenue is located within the Lansing school district. Search Lansing real estate on www.griffithrealty.com today.