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.
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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
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