Chestnut Flatz

For Sale

1216 N Chestnut St, Lansing, MI 48906

This Lansing property for sale is located at 1216 N Chestnut St. The general use of Chestnut Flatz is multi-family and it incorporates 2,952 square feet of class C multi-family space. The current listed sale price for Chestnut Flatz is $278,000. Chestnut Flatz is situated on a lot that is 0.25 acre in size.

Contacts

Dave Robinson

NAI Mid-Michigan

Property Details

  • 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
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.
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Highlights

  • 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

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 91/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • East Lansing

    3.73 miles

  • Sunoco

    0.42 miles

  • 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

  • Lot 56

    0.44 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

  • Cozy Koi Bed and Breakfast

    0.47 miles

  • DoubleTree

    1.02 miles

  • Courtyard Lansing Downtown

    1.25 miles

  • TownePlace Suites Lansing North

    2.12 miles

  • Homewood Suites by Hilton Lansing Eastwood

    2.34 miles

  • Hyatt Place

    2.48 miles

  • Courtyard Lansing

    2.52 miles

  • Quality Inn University

    2.62 miles

  • Fairfield Inn & Suites Lansing at Eastwood

    2.63 miles

  • Holiday Inn Express

    2.77 miles

  • Old Town General Store

    0.53 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

Contact Listing Broker
Dave Robinson

NAI Mid-Michigan

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