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4221 N Grand River, Lansing, MI 48906

Lansing
Local realty services provided by:CENTURY 21 Realty North
4221 N Grand River,Lansing, MI 48906
$1,000,000
  • - Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael mcclafferty
Office: oakpointe real estate advisors
MLS#:60951878
Source:MI_REALSOURCE

Price summary

  • Price:$1,000,000

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 #:60951878
  • Added:173 day(s) ago
  • Updated:April 28, 2026 at 10:18 AM

Rooms and interior

  • Total bathrooms:12
  • Full bathrooms:12
  • Basement Description:Common, Partially Finished, Poured

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1965
  • Lot area:0.29 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured

Finances and disclosures

  • Price:$1,000,000
  • Tax amount:$22,241

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