821 N Chestnut Street Lansing, MI 48906
Listing Courtesy of: LANSING MI / Century 21 Affiliated / Senada Pargan

  821 N Chestnut Street Lansing, MI 48906

Active (4 Days)
$230,000 (USD)
1
BATH
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Description

Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.

MLS #:
294367
Lot Size
0.25 acres
Type
Multifamily
Year Built
1875
County
Ingham County

Listed By

Senada Pargan, Century 21 Affiliated
Source
LANSING MI
Last checked Mar 14 2026 at 10:43 AM CDT
Bathroom Details
Interior Features
  • Electric Water Heater
Lot Information
  • Back Yard
  • Private
Heating and Cooling
  • Hot Water
  • Natural Gas
  • None
Utility Information
  • Sewer: Public Sewer
Parking
  • Private
  • Asphalt
Location
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Disclaimer: Copyright 2026 Greater Lansing Association of Realtors. 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 3/14/26 03:43
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