OFF MARKET

Off market sep 2020 for $88K

$157,369

Est. refi paymentEst. refi $693/mo

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sq ft

500 N Walnut St, Lansing, MI 48933

About this home

Welcome to 500 N. Walnut Street. This 2 unit income generator is smack dab in downtown Lansing. Walk to the capitol! Close to highway. Home could be converted back to a single family. Seller pays gas/heat and water/sewer – tenants pay their own electric/lights. Upper unit is currently rented. Washer/dryer in basement with unit one access only. 2nd level unit has walk up attic for storage and much more! Currently licensed for rental thru City of Lansing. Rented noted for unit 1 was for last tenant. Level and room measurements estimated per board requirement.

Multi-familyProperty Type

1907Year Built

5,227 sq ftLot Size

4 spacesParking

Listed by Carin Whybrew • Coldwell Banker Professionals -Okemos

Listed by Wesley Whybrew • Coldwell Banker Professionals -Okemos

Bought with Frank McGillis • RE/MAX RE Professionals Okemos

Redfin checked: a few seconds ago

•Source:Greater Lansing AoR #245542

Listing provided courtesy of Greater Lansing AoR

Redfin Estimate

$157,369

$69K since sold in September 2020$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.1% higher than the average sale price ($144K) of 6 comparable homes.

SOLD AUG 20, 2026
$170,690
A
4 beds2.5 baths1,794 sq ft
312 W Saginaw St, Lansing, MI 48933
SOLD OCT 22, 2026
$85,000
B
3 beds2 baths1,320 sq ft
612 N Walnut St, Lansing, MI 48933
SOLD SEP 1, 2026
$173,000
C
24 beds20 baths1,280 sq ft
529 Cherry St, Lansing, MI 48933
SOLD MAY 29, 2026
733 N Walnut St, Lansing, MI 48906
$165,000
D
3 beds2 baths2,190 sq ft
733 N Walnut St, Lansing, MI 48906
SOLD JUN 29, 2026
$111,500
E
4 beds2 baths1,658 sq ft
325 N Sycamore St, Lansing, MI 48933
SOLD JUL 2, 2026
$160,000
F
22 beds13 baths2,102 sq ft
217 N Butler Blvd, Lansing, MI 48915

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Earn from this home

Refinance

Est. cash available

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Market trends in 48933, MI

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.0%

0.7% MoM

Median sale price

$172K

$37K MoM

Avg. days on market

123d

38 days MoM

Recently sold homes

1 MoM

New listings for sale

3D WALKTHROUGH
$249,900
2 beds2 baths1,600 sq ft
222 S Washington Sq #6, Lansing, MI 48933
See all

Provided by Redfin

Sale history for 500 N Walnut St

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Tax history for 500 N Walnut St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

33 ft.

Lot depth

80 ft.

Lot size

5,227 Sq. Ft.

Year renovated

—

Sq. Ft.

1,844

Year built

1907

Style

Single Family Residential

County

Ingham County

APN

33-01-01-16-129-091

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 28, 2026.

DT-1

Urban Edge District

The DT-1 Urban Edge District permits a mixture of office and residential uses complementary to the Downtown Core but lower in intensity. Urban edge areas are intended to retain elements of the historic residential character such as short block lengths and existing front-yard setbacks. One purpose of this district is to permit homes to be converted to offices provided the historic residential character is maintained.

Permitted uses

Include but are not limited to:

Bank
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office
Library
Museum / gallery
Park & open space

Property details

Parking

Parking & Garage Information
Has Attached Garage: No
Parking Features: No Garage

Interior

Virtual Tours
Virtual Tour (Unranded)

Room Information
Basement: Full

Heating & Cooling
Heating: Forced Air
Has Heating: Yes

Exterior

Exterior Features
Lot Features: Corner Lot
Patio And Porch Features: Covered
Roof: Shingle

Property Information
Year Built: 1907
Levels: Two

Lot Information
Lot Size Acres: 0.12
Lot Size Dimensions: 33x80
Lot Size Area: 0.12
Lot Size Square Feet: 5227.2
Lot Size Units: Acres

Location

School Information
High School District: Lansing

Location Information
Directions: 496 to Walnut North
Subdivision Name: None

Utility Information
Sewer: Public Sewer

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,844
Stories: 2.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 1907
Year Renovated: —
County: Ingham County
APN: 33-01-01-16-129-091

Home facts updated by county records on Oct 28, 2026

Other

Miscellaneous Information
Construction Materials: Aluminum Siding

Around this home

Schools

K - 12
Preschool & daycare

Pattengill Academy

Public PreK-8 • Assigned • 1.8mi

4/10

J.W. Sexton High School

Public 9-12 • Assigned • 1.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 97° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Lansing, MI • 48933

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2.6 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$150,000 – $181,000

Sell confidently with a local market expert in Lansing. 3 minutes to get started.

Nearby similar homes

NEW 6 HRS AGO

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216 Reo Ave Unit 1,2,3, Lansing, MI 48910

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3D WALKTHROUGH

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Hardwood flooring • Separate entrances • Full bathroom

3D WALKTHROUGH

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Full basement • Pets allowed • 0.32 acre lot

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4,791 sq ft lot • Built 1912 • Listed 222 days

New listings for sale in 48933

3D WALKTHROUGH

$249,900

2 beds2 baths1,600 sq ft

222 S Washington Sq #6, Lansing, MI 48933

Updated kitchen • Extended island • Flex room

Home values near 500 N Walnut St

Data from public records.

Address	Redfin Estimate
509 North Walnut St, Lansing, MI - Beds \| 1 Baths \| 1920 Sq. Ft.	—
508 North Walnut St, Lansing, MI - Beds \| - Baths \| - Sq. Ft.	$173,266
522 North Walnut St, Lansing, MI - Beds \| 2 Baths \| 1640 Sq. Ft.	$161,055
501 North Walnut St, Lansing, MI - Beds \| - Baths \| - Sq. Ft.	$175,134
408 West Genesee St, Lansing, MI - Beds \| - Baths \| - Sq. Ft.	—
412 West Genesee St, Lansing, MI - Beds \| - Baths \| - Sq. Ft.	$199,352

Address	Redfin Estimate
418 North Walnut St, Lansing, MI 4 Beds \| 2 Baths \| 1672 Sq. Ft.	$188,706
524 North Walnut St, Lansing, MI - Beds \| 2 Baths \| 2017 Sq. Ft.	$162,267
514 North Walnut St, Lansing, MI 72 Beds \| 36 Baths \| 1826 Sq. Ft.	$115,757
508 North Walnut St, Lansing, MI - Beds \| 2 Baths \| 1975 Sq. Ft.	$193,917
320 West Genesee St, Lansing, MI 4 Beds \| 2 Baths \| 1380 Sq. Ft.	$168,201
315 West Genesee St, Lansing, MI 5 Beds \| 2 Baths \| 1776 Sq. Ft.	$208,607

Address	Redfin Estimate
504 North Walnut St, Lansing, MI 4 Beds \| 1.5 Baths \| 1916 Sq. Ft.	$145,763
520 North Walnut St, Lansing, MI - Beds \| 2 Baths \| 3278 Sq. Ft.	$148,730
523 North Walnut St, Lansing, MI - Beds \| 2 Baths \| 2280 Sq. Ft.	$207,011
504 North Walnut St, Lansing, MI - Beds \| 1.5 Baths \| 1584 Sq. Ft.	$148,661
416 West Genesee St, Lansing, MI - Beds \| 2 Baths \| 2320 Sq. Ft.	$204,586

Property information provided by Greater Lansing AoR when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 48933, MI

Sale history for 500 N Walnut St

Tax history for 500 N Walnut St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 48933

Home values near 500 N Walnut St

More real estate resources