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821 N Chestnut Street, 
Lansing, MI 48906

$225,000

—

Bed

1

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Senada Pargan

Century 21 Affiliated

517-887-0800

Last updated:

April 5, 2026, 02:57 PM

MLS#

294367

Source:

MI GLAR

About This Home

821 N Chestnut Street

Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.

Home Facts

Multi-Family

1 Bath

Built in 1875

Price Summary

225,000

MLS #:

294367

Last Updated:

April 5, 2026, 02:57 PM

Added:

a month ago

Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Structure

Structure

Year Built:

1875

Lot

Lot Size (Sq. Ft):

10,890

Finances & Disclosures

Finances

Price:

$225,000

Source:MI GLAR
The information being provided by Greater Lansing Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Lansing Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.