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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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612 N Walnut St , Lansing, MI 48933
$119,000
Est. Payment: $612.79/mo
3 Bed
2 Bath
1320 Sqft
Status: active | Days on site: 100
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House 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!

Highlights

Listed by Stanley Dickson , 800-331-0646 Trowbridge Realty , 800-331-0646. MichRIC

Property Type

Residential

Lot/Acreage
0.09

Year Built

1875

County

Ingham

School District

Lansing

Listing ID

26008561

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Floor:Carpet
Basement:Full
Other:Ceiling Fan(s)
Other:Public

Exterior Features

Roof:Shingle
Sewer:Public
Parking Features:Garage Faces Front,Detached
Principal Interest
$613
Taxes
$164

Home Price

$119,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$23,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$612.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $612.79 $163.75 $0.00 $776.54
Yearly $7,353.48 $1,965.00 $0.00 $9,318.48
Total $220,604.34 $58,950.00 $0.00 $279,554.34
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Lansing, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

© 2026 MichRIC