For Sale

Chestnut Flatz

1216 N Chestnut St, Lansing, MI 48906

North of Michigan Capital BuildingThis property offers 7 units, providing an excellent entry point into the multifamily market. With 5 one-bedroom apartments and 2 studio apartments across 2,952 SF, this is a prime investment opportunity. Zoned R-6B, this property is located in a desirable area for potential renters. Don't miss the chance to own a piece of history and generate steady rental income.

Key features

  • 100% Occupied
  • 2 Studio apartments
  • 5 One bedroom apartments
  • 7 units across 2 buildings
  • Additional property available to purchase as package (826 N. Walnut St.)
  • Affordable entry point into the multifamily market
  • Renovated in 2023
  • Seller negotiable
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Dave Robinson

NAI Mid-Michigan

Building Details

  • For Sale $278,000
  • Property Type Multi-Family
  • Property Size 2,952 SF
  • Units 7
  • Lot Size 0.25 Acre
  • Building Class C
  • Year Built 1889
  • Date Updated May 14, 2026

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (83)

  • Transit Score ®

    Some Transit (43)

  • Bike Score ®

    Biker's Paradise (91)
Powered by Walk Score ®

Location

  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

Eaton

0.49 miles

Marathon

0.52 miles

Speedway

0.56 miles

Pacific Pride

0.56 miles

Quality Dairy

0.92 miles

ChargePoint

0.98 miles

Admiral

1.04 miles

Greenlots

1.29 miles

Blink

1.32 miles

LCC Lot 6

0.49 miles

Gannon Ramp

0.63 miles

North Capitol Ramp

0.82 miles

Roosevelt Parking Ramp

0.87 miles

North Grand Ramp

0.94 miles

Ottawa Surface Lot

0.98 miles

Allegan Ramp

0.99 miles

Ottawa Ramp

1.00 miles

Allegan Surface Lot

1.05 miles

Kwik Car Wash

1.93 miles

Clock Mobility

2.40 miles

Spotless Auto Wash World

2.55 miles

Ultra Clean Car Wash & Oil Change

2.57 miles

Ceadr Car Wash

3.35 miles

Cedar Car Wash

3.35 miles

Showroom Shine

3.69 miles

WhiteWater Express - S Lansing

4.48 miles

Jolly Road Car Wash

4.96 miles

Sir Pizza

0.39 miles

Meat BBQ

0.44 miles

Pablo's Old Town

0.45 miles

Arctic Corner

0.49 miles

Golden Harvest

0.51 miles

517 BBQ

0.62 miles

Old Town Diner

0.62 miles

El Azteco

0.64 miles

Rally's

0.65 miles

Gorman's Food Market

1.17 miles

La Estrellita Supermercado

1.18 miles

Capital City Market

1.22 miles

Sunripe Produce

1.56 miles

REO Town Marketplace

1.80 miles

Westlund's Apple Market

2.02 miles

Walmart

2.22 miles

Better Health Store

2.60 miles

Kroger

2.65 miles

Shared Pregnancy Resource Center

0.63 miles

Lansing Fire Station #2

0.63 miles

NovaCare Rehabilitation

0.67 miles

Rite Aid

0.67 miles

University of Michigan Health - Sparrow St. Lawrence

0.70 miles

Community Mental Health Authority

0.73 miles

Lansing Fire Station #1

0.83 miles

University of Michigan Health - Sparrow Lansing

1.48 miles

University of Michigan Health - Sparrow Pharmacy Plus

1.57 miles

1216 N Chestnut St Listing Summary

  • What is the asking price at Chestnut Flatz?

    Chestnut Flatz is currently listed for sale at Contact for pricing.

  • What is the total size of Chestnut Flatz?

    Chestnut Flatz has a total of 2,952 square feet.

  • What is the year built for Chestnut Flatz?

    The year built for Chestnut Flatz is 1889.

Contact Listing Broker
Dave Robinson

NAI Mid-Michigan

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