4221 N Grand River Avenue, Lansing, MI 48906

Local realty services provided by:CENTURY 21 Affiliated
4221 N Grand River Avenue,Lansing, MI 48906
$1,050,000
  • - Beds
  • 12 Baths
  • 7,760 sq. ft.
  • Multi-family
  • Active
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:20251052605
Source:MI_REALCOMP

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$135.31

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information from CENTURY 21®. Please use and/or share my information with an CENTURY 21 affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an CENTURY 21 affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1965
  • Listing ID #:20251052605
  • Added:36 day(s) ago
  • Updated:December 13, 2025 at 10:53 AM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Living area:7,760 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Year built:1965
  • Building area:7,760 sq. ft.
  • Lot area:0.29 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$135.31
  • Tax amount:$22,241
MLS Logo