Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!
Active
$119,000
612 N Walnut St, Lansing, MI 48933
3beds
1,320sqft
Single Family Residence
Built in 1875
3,920 Square Feet Lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
Fenced backyardNeutral paintCovered front porchDurable vinyl flooringComfortable carpetingSizable closetsSpacious dining area
- 117 days |
- 405 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Stanley Dickson 800-331-0646,
Trowbridge Realty 800-331-0646
Source: MichRIC,MLS#: 26008561
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Flooring: Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 3,920 Square Feet
- Dimensions: 35 x 113
Details
- Parcel number: 33010116126022
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available, Natural Gas Connected
Community & HOA
Location
- Region: Lansing
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $37,609
- Annual tax amount: $1,965
- Date on market: 7/1/2026
- Listing terms: Cash,FHA,VA Loan,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,561/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $119,000$90/sqft |
Source:  MichRIC #26008561 Report a problem | ||
| 6/23/2026 | Pending sale | $119,000$90/sqft |
Source: MichRIC #26008561 Report a problem | ||
| 6/11/2026 | Listed for sale | $119,000$90/sqft |
Source: MichRIC #26008561 Report a problem | ||
| 6/2/2026 | Pending sale | $119,000$90/sqft |
Source: MichRIC #26008561 Report a problem | ||
| 3/6/2026 | Listed for sale | $119,000+19.1%$90/sqft |
Source: MichRIC #26008561 Report a problem | ||
| 11/7/2024 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Price change | $1,400-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2024 | Listed for rent | $1,600+10.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/11/2022 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/6/2022 | Listing removed | -- |
Source:  Greater Lansing AOR #264323 Report a problem | ||
| 6/6/2022 | Listed for sale | $99,900$76/sqft |
Source: Greater Lansing AOR #264323 Report a problem | ||
| 5/31/2022 | Pending sale | $99,900$76/sqft |
Source: Greater Lansing AOR #264323 Report a problem | ||
| 5/17/2022 | Price change | $99,900-9.1%$76/sqft |
Source: Greater Lansing AOR #264323 Report a problem | ||
| 4/23/2022 | Listed for sale | $109,900+86.3%$83/sqft |
Source: Greater Lansing AOR #264323 Report a problem | ||
| 3/23/2018 | Sold | $59,000-1.5%$45/sqft |
Source: Greater Lansing AOR #223292 Report a problem | ||
| 3/21/2018 | Pending sale | $59,900$45/sqft |
Source: C B Hubbell BriarWood-Dewitt #223292 Report a problem | ||
| 2/7/2018 | Listed for sale | $59,900-31.1%$45/sqft |
Source: C B Hubbell BriarWood-Dewitt #223292 Report a problem | ||
| 8/19/2004 | Sold | $87,000+16.2%$66/sqft |
Source: Public Record Report a problem | ||
| 1/3/2001 | Sold | $74,900$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,259 | $56,300 +11% |
| 2023 | -- | $50,700 +36.3% |
| 2022 | -- | $37,200 +2.5% |
| 2021 | -- | $36,300 +6.5% |
| 2020 | -- | $34,100 +10% |
| 2019 | $2,185 | $31,000 +5.1% |
| 2018 | $2,185 -0.8% | $29,500 |
| 2017 | $2,202 | $29,500 +1.7% |
| 2016 | $2,202 | $29,000 +2.5% |
| 2015 | $2,202 | $28,300 -3.4% |
| 2014 | $2,202 | $29,300 -15.1% |
| 2013 | -- | $34,500 -1.1% |
| 2012 | -- | $34,900 -11.2% |
| 2011 | -- | $39,300 -4.8% |
| 2010 | -- | $41,300 -9.2% |
| 2009 | -- | $45,500 -8.6% |
| 2008 | -- | $49,800 +1.4% |
| 2007 | -- | $49,100 +5.1% |
| 2006 | -- | $46,700 +9.1% |
| 2005 | -- | $42,800 +16.6% |
| 2004 | -- | $36,700 +22.3% |
| 2003 | -- | $30,000 +10.7% |
| 2002 | -- | $27,100 +4.2% |
| 2001 | -- | $26,000 +7% |
| 2000 | -- | $24,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Pattengill AcademyGrades: PK-8Distance: 1.8 mi
- 3/10J.W. Sexton High SchoolGrades: 9-12Distance: 1.1 mi
- 3/10Sheridan RoadGrades: PK,5-8Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Ingham County
- Lansing
- 48933
- Downtown
- 612 N Walnut St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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