3310 W Mt Hope Ave

This multifamily redevelopment opportunity is ideally scaled at 29 units and three stories, allowing for Type V wood-frame construction — one of the most cost-efficient development structures in 2026 due to its favorable cost-per-unit economics and ability to avoid an elevator-required core at this scale. Located within ZIP code 48911, where the median household income is approximately $56,600, the site is well positioned for a variety of multifamily strategies, including workforce housing, market-rate, mixed-income, or LIHTC development. A preliminary site plan prepared by The Peabody Group and Fineout Design Group already demonstrates the feasibility of accommodating 29 units, 55 parking spaces, required setbacks, and landscape requirements in compliance with Lansing Code Chapter 1252, helping reduce entitlement uncertainty and accelerate the pre-development timeline.

• Residential Redevelopment Opportunity
• Nearly 2 acres of land in a highly visible Lansing location
• Convenient access to downtown Lansing, I-496, and US-127
• Surrounded by a mix of residential and commercial properties, supporting long-term upside
• Established neighborhood with continued redevelopment activity nearby