4221 N Grand River Avenue
Lansing, MI, 48906
$1,050,000
Beds
12 Baths
0 SqFt
0.29 Acres
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$1,050,000
4221 N Grand River Avenue
Lansing, MI, 48906
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.

Property Details

Price:
$1,050,000
MLS #:
20251052605
Status:
Active
Beds:
0
Baths:
12
Address:
4221 N Grand River Avenue
Type:
Single Family
Subdivision:
Lansing City
City:
Lansing
Listed Date:
Nov 8, 2025
State:
MI
ZIP:
48906
Lot Size:
12,632 sqft / 0.29 acres (approx)
Year Built:
1965

Schools

School District:
Lansing

Interior

Heating
Baseboard

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$103,131
Taxes
$22,241
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4221 N Grand River Avenue
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