4221 N Grand River Avenue Lansing, MI 48906
Listing Courtesy of: MIREALSOURCE / Oakpointe Real Estate Advisors

  4221 N Grand River Avenue Lansing, MI 48906

Pending (103 Days)
$1,050,000 (USD)
12
BATH
7,760
SQFT
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Description

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.

MLS #:
60951878
Taxes
$22,241
Lot Size
0.29 acres
Type
Single-Family Home
Year Built
1965
School District
Lansing Public School District
County
Ingham County
Community
Northwesternno 3

Listed By

Michael McClafferty, Oakpointe Real Estate Advisors
Source
MIREALSOURCE
Last checked Mar 15 2026 at 6:54 PM CDT
Bathroom Details
  • Full Bathrooms: 12
Interior Features
  • Laundry: Common Area
Subdivision
  • Northwesternno 3
Property Features
  • Foundation: Basement
Heating and Cooling
  • Baseboard
Basement Information
  • Partially Finished
  • Poured
  • Common
Living Area
  • 7,760 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 17, 2025
Price Changed
$1,050,000
-5%
-$50,000
Nov 07, 2025
Listed
$1,100,000
-
-
Location
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Estimated Monthly Mortgage Payment

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Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 10:38
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