Tenney Apartments Lansing MI
$1,250,000
618 Renker Road, Lansing, MI 48917
For Sale
Unknown Listing Type
Active
Last Updated: 08/22/2025
8.57
Cap Rate
15,612 sqft
Building Size
Details:
Cap Rate: 8.57%
Building Size: 15,612 sqft
Lot Area: 0.7 acres
Units: 18
Year Built: 1967
Floors: 2
Parking Spots: 27
Description:
For Sale: Tenney Apartments, an 18-unit complex and single-family home at 618 and 628 Renker, Lansing, MI 48917, in the thriving Delta Township. Featuring two residential buildings (10 and 8 units) ,12 garage rental units, and a 3 bedroom single family home with garage this property offers strong income potential. Modern upgrades include roofs and parking surfaces redone in 2014. Tenants enjoy an onsite coin laundry, with units separately metered—owner pays only water/sewer, common electric, and trash. Located in a fast-growing West Lansing hub, near major insurance and automotive employers, this is an ideal investment opportunity in a high-demand rental market.
Location
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