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4221 N Grand River Avenue, Lansing, MI 48906

$1,050,000

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BEDS0 BATHS12 full SQUARE FEET7,760 MLS#20251052605

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNorthwesternno 3 SCHOOLLansing

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Property 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.

4221 N Grand River Avenue | MLS# 20251052605

This multi-family property located at 4221 N Grand River Avenue, Lansing, MI 48906 is currently listed for sale with an asking price of $1,050,000. N Grand River Avenue is located within the Lansing school district. Search Lansing real estate on juliea.fessler.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Partially Finished, Common

Fuel Type: Natural Gas

Heating: Baseboard

Lot Size: 0.29 Acres

Year Built: 1965

Feature Descriptions

Architecture: Other

Days on Site: 162

Exterior: Brick

Foundation: Basement

Interior: Laundry Facility

Lot Dimensions: 0.29 Acre(s)

Road Frontage: Paved

Summer Tax: $19250.0000

Winter Tax: $2991.4400

Local Schools

School District: Lansing

Listed By / Shown By

Listed By

Agency Name: OakPointe Real Estate Advisors
Agency Phone: (248) 972-7040

Shown By

Agent Name: Julie Fessler
Agent Phone: (810) 227-1016 ext. 220
Agency Title: Griffith Realty

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Estimated Payment

$ 2,643.09 per month $2,336.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $306.25 Homeowner's Insurance

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4221 N Grand River Avenue, Lansing, MI 48906

$1,050,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 12:12:23 AM EST) or RealComp MLS (last updated Sun 04/19/2026 12:00:41 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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4221 N Grand River Avenue, Lansing, MI 48906

Property Description

4221 N Grand River Avenue | MLS# 20251052605

Property Features

Feature Descriptions

Local Schools

Listed By / Shown By

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4221 N Grand River Avenue, Lansing, MI 48906

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