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$1,100,000
New Listing
4221 N Grand River AvenueLansing City, MI 48906
For Sale|Multi Family|Active
23
Beds
12
Total Baths
12
Full Baths
7,760
SqFt
$142
/SqFt
1965
Built
Subdivision:
NORTHWESTERNNO 3
County:
Ingham
Call Now: 888-825-1420
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888-825-1420
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Skyline Apartments is a well-maintained 12-unit multifamily property located along Lansing’s northwest Grand River corridor. Built in 1965 and fully 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 95%, 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.
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Listing Snapshot
Price
$1,100,000
Days On Site
0 Days
Bedrooms
23
Inside Area (SqFt)
7,760 sqft
Total Baths
12
Full Baths
12
Partial Baths
N/A
Lot Size
0.29 Acres
Year Built
1965
MLS® Number
20251052605
Status
Active
Property Tax
$22,241.44
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 15 hours ago | Listing first seen on site | |
| 15 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.29
Cross Street
N Grand River Ave and Capital City Blvd
Disclosures
Annual Property Operating Data Available, Legal Rental Certified, Projected Income, Taxes Not Homestead Exempt
Parking
Parking Lot
Pets
Call
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
7760
Style
Other
Water Source
Other
Zoning
Commercial
Interior Features
Basement
FullPartially Finished
Heating
BaseboardNatural Gas
Laundry Features
Common Area
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
Financing Terms Available
CashConventional
MLS Area
Area11012Lansing
Roads
Paved
School District
Lansing
Schools
School District
Lansing
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of OakPointe Real Estate Advisors: [email protected]
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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