612 N Walnut Street, Lansing, MI 48933

$119,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,320 Lot Size (sq. ft.): 3,920 Status: Pending
Current Price: $119,000 List Date: 6/11/2026 Last Modified: 6/23/2026

Overview

Description

Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!

Listing Details MLS# 26008561

Location Property Info

County
Ingham
Street #
612
Street Direction
N
Street Name
Walnut
Suffix
Street
State
MI
Zip Code
48933
Zip (4)
1129

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.09
Lot Square Footage
3920
Lot Dimensions
35 x 113
Year Built
1875
Road Frontage
35
Garage Y/N
Yes
Garage Spaces
2
Fireplace
No
Income Property
Yes
Total Rooms AG
5
Total Fin SqFt All Levels
1320
SqFt Above Grade
1320
Below Grade Unfinished SqFt
748
Building Total SqFt
2068
Total Beds Above Grade
3
Total Bedrooms
3
Full Baths
2
Total Baths
2
Main Level Primary
No
Stories
2
School District
Lansing
Association YN
No
Waterfront
No
Basement
Yes
Below Grade Finished SqFt
0

Tax Info

Tax ID #
33-01-01-16-126-022
Taxable Value
37609
SEV
59300
For Tax Year
2025
Seller's Annual Property Tax
1965
Tax Year
2025
Homestead %
100
Spec Assessment & Type
unknown

Status Change Info

Under Contract Date
2026-06-23

Access Feat

Accessibility Features
No

More Information

Upper Rooms

Upper Bedrooms
3
Upper Full Baths
2
Upper Level Square Feet
572
Total Baths Above Grade
2

Main Rooms

Main Level SQFT
748

Basement Rooms

Total Basement SQFT
748
Basement Finished SQFT
0

Location & Property Info

Cross Streets
N Walnut St, W Lapeer St
Property Sub-Type
Single Family Residence
Municipality
Lansing City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
90.15

Remarks & Misc

Public Remarks
Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!
Legal
S 17 FT OF W 115 FT LOT 7, ALSO N 18 FT OF W 115 FT LOT 6 BLOCK 62 ORIG PLAT

Street Type

Public
Yes

Util Avail at Street

Electricity Available
Yes
Natural Gas Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Laundry Features

In Basement
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Shingle
Yes

Parking Features

Detached
Yes
Garage Faces Front
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Lower Rooms

Lower Finished SQFT
0
Total Lower SQFT
0

Driveway

Concrete
Yes

Substructure

Full
Yes

Additional Items

Ceiling Fan(s)
Yes

Fencing

Fenced Back
Yes

Patio and Porch Features

Patio
Yes
Porch(es)
Yes
Covered
Yes

Flooring

Carpet
Yes

Architectural Style

Other
Yes

Possession

Subject To Tenant Rights
Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Shingle Substructure: Full Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected Util Avail at Street: Electricity Available; Natural Gas Available Additional Items: Ceiling Fan(s) Heat Source: Natural Gas Heat Type: Forced Air Fencing: Fenced Back Flooring: Carpet Patio and Porch Features: Covered; Patio; Porch(es) Parking Features: Detached; Garage Faces Front Architectural Style: Other Driveway: Concrete Street Type: Public Terms Available: Cash; Conventional; FHA; VA Loan Possession: Subject To Tenant Rights Sale Conditions: None

Room Information

Room NameLevel
KitchenMain
Dining AreaMain
Living RoomMain
Primary BedroomUpper
Bedroom 2Upper
Bedroom 3Upper
IDX
Listing Office: Trowbridge Realty
Listing Agent: Stanley Dickson
Source MLS Verified
Last Updated: June - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.