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4221 N Grand River Avenue, Lansing, MI 48906

Lansing
Local realty services provided by:CENTURY 21 Affiliated
4221 N Grand River Avenue,Lansing, MI 48906
$1,000,000
  • - 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:$1,000,000
  • Price per sq. ft.:$128.87

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:218 day(s) ago
  • Updated:June 14, 2026 at 09:56 AM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Basement Description:Common, Full, Partially Finished
  • 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
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Three

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$128.87
  • Tax amount:$22,241

Features and amenities

  • Laundry features:Common Area

Parking

  • Parking description:Parking Lot
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