724 North Walnut Street is a beautifully renovated fourplex offering classic old-world charm with modern updates throughout. Each unit has been refreshed and is in great condition, making this a strong, income-producing property with all units currently rented. The building includes a shared washer and dryer in the common area, plus off-street parking located behind the property. Current rents total $3,935 per month, creating an attractive opportunity for investors looking for a stabilized multi-unit asset with character, curb appeal, and steady rental income. Utilities: Electric, Water, Sewer, Gas, and Garbage run roughly $775 per month during normal operation.
For sale
$249,000
724 N Walnut St, Lansing, MI 48906
4beds
4baths
--sqft
Quadruplex
Built in 1902
-- sqft lot
$246,100 Zestimate®
$--/sqft
$-- HOA
What's special
Curb appeal
- 31 days
- 431
- 24
Zillow last checked:
Listing updated:
Listed by:
Cabus Dewey 517-303-9777,
EXIT Realty Home Partners 517-803-2345
Source: Greater Lansing AOR,MLS#: 297976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Hot Water
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: Common Area, In Hall
Features
- Basement: Interior Entry,Michigan
Interior area
- Finished area above ground: 3,014
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Additional Parking, Driveway, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969 Square Feet
- Dimensions: 33 x 165
- Features: Rectangular Lot
Details
- Parcel number: 33010109382021
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
Condition
- Year built: 1902
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Original of Lansing
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $116,153
- Annual tax amount: $6,737
- Date on market: 8/28/2026
- Listing terms: Cash,Conventional,FHA,Contract,Seller Assist
Estimated market value
$246,100
$234,000 - $258,000
$1,520/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $249,000 |
Source:  Greater Lansing AOR #297976 Report a problem | ||
| 8/6/2026 | Pending sale | $249,000 |
Source: Greater Lansing AOR #297976 Report a problem | ||
| 8/3/2026 | Contingent | $249,000 |
Source: EXIT Realty broker feed #297976 Report a problem | ||
| 7/28/2026 | Listed for sale | $249,000+42.3% |
Source: Greater Lansing AOR #297976 Report a problem | ||
| 12/13/2024 | Sold | $175,000-5.4% |
Source: Greater Lansing AOR #280565 Report a problem | ||
| 12/12/2024 | Pending sale | $185,000 |
Source: Greater Lansing AOR #280565 Report a problem | ||
| 11/11/2024 | Contingent | $185,000 |
Source: Greater Lansing AOR #280565 Report a problem | ||
| 5/14/2024 | Listed for sale | $185,000+10.1% |
Source: Greater Lansing AOR #280565 Report a problem | ||
| 5/28/2021 | Sold | $168,000+68% |
Source: Greater Lansing AOR #254919 Report a problem | ||
| 10/31/2002 | Sold | $100,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,737 +5% | $113,100 +10.4% |
| 2024 | $6,414 | $102,400 +24.3% |
| 2023 | -- | $82,400 +12.1% |
| 2022 | -- | $73,500 |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | $189 | -- |
| 2016 | $189 | -- |
| 2015 | $189 | $13,876 -18% |
| 2014 | $189 | $16,913 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | $46,600 +14.5% |
| 2001 | -- | $40,700 +5.4% |
| 2000 | -- | $38,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Town
Nearby schools
Schools provided by the listing agent
- High: Lansing
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $170,0004 bd3 ba-- sqft621 N Walnut St, Lansing, MI 48933For Sale
MLS ID #297536, Morgan Meredith, Keller Williams Realty Lansing. Greater Lansing AOR - $259,9004 bd2 ba1.7k sqft1404 Weber Dr, Lansing, MI 48912For Sale
MLS ID #298766, Frank McGillis, RE/MAX Real Estate Professionals. Greater Lansing AOR - $258,0003 bd1 ba1.5k sqft6945 Delta River Dr, Lansing, MI 48906For Sale
MLS ID #297600, Karen Wey, EXP Realty - Lansing. Greater Lansing AOR - $285,0004 bd2 ba1.8k sqft2709 Greenbriar Ave, Lansing, MI 48912For Sale
MLS ID #298728, Brooks Warner, Keller Williams Realty Lansing. Greater Lansing AOR
