517-281-5800
3310 W Mount Hope Ave, Lansing, MI for Sale
Apartments - FOR SALE
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3310 W Mount Hope Ave
Lansing, MI 48911
Moores River Drive Area


HIGHLIGHTS

  • Within a high-demand corridor supported by retail, healthcare, and employment centers, offering robust housing viability.
  • Strong connectivity to downtown Lansing, Michigan State University, and major highways (I-496, US-127).
  • Parking plan includes 55 stalls, exceeding municipal code minimum requirements.
  • Zoned MFR with city rezoning approval; suitable for market-rate or LIHTC-driven development paths.
  • Preliminary site plan supports a 29-unit, 3-story layout (15 one-bedroom and 14 two-bedroom units).
  • 1.87-acre development site with approximately 439 feet of frontage along W. Mt. Hope Avenue.

OVERVIEW

3310 W. Mt. Hope Avenue in Lansing offers a prime multifamily development opportunity within an expanding metropolitan corridor. The 1.87-acre infill site boasts approximately 439 feet of frontage on Mt. Hope Avenue and is fully positioned for a 29-unit build, based on an existing preliminary architectural plan. The proposed design includes three stories of wood-frame construction with a unit mix of 15 one-bedroom and 14 two-bedroom residences. Ample parking is incorporated into the plan, with 55 spaces provided—exceeding Lansing code minimums—ensuring convenient access for future residents. The site is zoned MFR and benefits from recent City of Lansing rezoning approval, paving the way for multifamily product targeting conventional market-rate renters or leveraging Low-Income Housing Tax Credit (LIHTC) financing. Located near the Lansing Country Club, major retail corridors, and employment hubs, the property combines an advantageous location with strong area demographics. Proximity to Michigan State University and regional transportation routes such as I-496 and US-127 enhances connectivity, making this an appealing option for developers seeking to meet the growing demand for workforce housing in Lansing.

FOR SALE DETAILS

PRICE

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# OF UNITS

29

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3310 W Mt. Hope Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1926

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

MFR

APN/PARCEL ID

01-01-19-376-031

ASK ABOUT THIS PROPERTY

Jerome AboodNAI Mid-MichiganMore Info
517-281-5800

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Jerome AboodNAI Mid-MichiganMore Info
517-281-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.