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:
$1,000,000
MLS #:
20251052605
Status:
Active
Beds:
0
Baths:
12
Type:
Single Family
Subdivision:
Lansing City
Listed Date:
Nov 8, 2025
Lot Size:
12,632 sqft / 0.29 acres (approx)
Year Built:
1965
See this Listing
Schools
School District:
Lansing
Interior
Heating
Baseboard
Exterior
Construction Materials
Brick
Financial
Taxes
$22,241
Map
Community
- Address4221 N Grand River Avenue Lansing MI
- SubdivisionLansing City
- CityLansing
- CountyIngham
- Zip Code48906
Subdivisions in Lansing
- Arrow Head
- Castle Hills Sub
- Englewood Park Add
- Espanore Add
- FOSTERS HOLMES ROAD SUB
- FRANKLIN AVENUE PARK SUB
- Green Oak Add
- Groesbeck Hills Neighborhood
- Handy Home Add
- Highland Park
- Jessops Home Gardens
- Lansing Improv Company Add
- Leslie Park
- LOT 15 & W 1/2 LOT 14 J H MOORES SUB
- Lot 76 Westmont sub
- Lot 91 Gilbert Glens No 5
- Ludwig Park
- Millpond Village a FR Community
- North Highland
- OAK CREST SUB
- Orchardville Sub
- ORIGINAL PLAT OF LANSING
- Pleasant Grove
- Pleasant View
- Printers Row
- South Park Add
- Westmore Park Sub no 2
- Westmoreland
Market Summary
Current real estate data for Single Family in Lansing as of Jun 13, 2026
112
Single Family Listed
76
Avg DOM
117
Avg $ / SqFt
$172,565
Avg List Price
Property Summary
- Located in the Lansing City subdivision, 4221 N Grand River Avenue Lansing MI is a Single Family for sale in Lansing, MI, 48906. It is listed for $1,000,000 and features 0 beds, 12 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Lansing is $117. The average listing price for Single Family in Lansing is $172,565. To schedule a showing of MLS#20251052605 at 4221 N Grand River Avenue in Lansing, MI, contact your Anchor Trust Realty And Relocation Services agent at 6166170639.
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