Investment - Homes for Sale in Lansing, MI

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  /48

  $165,000

  • 2,932 Sq Ft

  602 N Pennsylvania Ave, Lansing, MI 48912

  Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New

  

  Thomas Barrett

  Keller Williams Realty Lansing

  (517) 399-2398

  602 N Pennsylvania Ave, Lansing, MI 48912
• Explore Lansing

• 

  

  

  /31

  $229,900

  • 3 Beds
  • 1.5 Baths
  • 2,252 Sq Ft

  921 E Willoughby Rd, Lansing, MI 48911

  Welcome to 921 E Willoughby Road, where charm meets practicality on a generous .43-acre lot. This well-maintained three-bedroom, one-bathroom home showcases quality craftsmanship with real hardwood flooring flowing throughout the living spaces, creating warmth and character that laminate simply cannot match. The spacious kitchen features attractive tile floors perfect for handling those

  

  Travis McIntyre

  Bellabay Realty LLC

  (517) 500-7916

  921 E Willoughby Rd, Lansing, MI 48911
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  /41

  $290,000

  • 780 Sq Ft

  215 Winifred Ave Unit A & B, Lansing, MI 48917

  Two homes, one lot - flexible living or investment opportunity. This unique property features two separate homes, each with 780 sq ft , 2 bedrooms and 1 bath. Ideal for multi-generational living or future rental incomes, charming covered porch, 1-car attached garage, functional layout, designated driveway space for added convenience. Eligible for rental licensing.

  

  Sherree Zea

  Coldwell Banker Professionals-Delta

  (517) 715-4337

  215 Winifred Ave Unit A & B, Lansing, MI 48917
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  /17

  $89,000

  • 1 Bath
  • 1,500 Sq Ft

  147 Isbell St, Lansing, MI 48910

  Great investment opportunity in Lansing! This well-maintained duplex offers excellent income potential, bringing in up to $1,500 per month when fully rented. The upper unit is currently occupied at $750 per month, with tenants paying all utilities. The lower unit is vacant and recently remodeled, featuring new countertops, flooring, and fresh paint, perfect for an owner-occupant or new tenant.

  

  Morgan Meredith

  Keller Williams Realty Lansing

  (517) 300-3294

  147 Isbell St, Lansing, MI 48910
• 

  

  

  /10

  $15,000

  • Land
  • 0.2 Acre
  • $75,000 per Acre

  1115 Boynton Dr, Lansing, MI 48917

  An excellent opportunity for builders, investors, or future homeowners! This fully fenced 0.2-acre vacant lot sits directly across from Gould Park within the desirable Waverly School District. Conveniently located just minutes from West Lansing's shopping, dining, and easy highway access, the property offers both location and value. The previous structure has been removed, leaving a clean,

  

  Tyler Schopper

  EXIT Realty Home Partners

  (517) 923-3475

  1115 Boynton Dr, Lansing, MI 48917
• 

  

  /16

  $100,000

  • 3 Beds
  • 1 Bath
  • 973 Sq Ft

  523 Clifford St, Lansing, MI 48912

  Strong-performing investment property in Lansing! This well-maintained 3-bedroom, 1-bath home at 523 Clifford Street is a solid opportunity for investors seeking dependable income. The property is currently rented for $1,200 per month to a reliable long-term tenant who pays all utilities, keeping ownership expenses low and cash flow strong. With a proven rental history and minimal maintenance

  

  Stacee Robison

  Keller Williams Realty Lansing

  (517) 996-8941

  523 Clifford St, Lansing, MI 48912
• 

  

  /31

  $245,000

  • 1,888 Sq Ft

  904 Linden Grove Ave, Lansing, MI 48912

  This is no longer part of a package deal!! Welcome to 904 Linden Grove in Lansing, a fully remodeled property that has been upgraded inside and out within the last 5 years. This well-maintained building features beautiful hardwood floors throughout and offers three rental units, making it a fantastic investment opportunity. The property includes a spacious 2-bedroom unit renting for $1025 per

  

  Morgan Meredith

  Keller Williams Realty Lansing

  (517) 836-1393

  904 Linden Grove Ave, Lansing, MI 48912
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  /34

  $159,900

  • 1,888 Sq Ft

  2515 S Martin Luther King Junior Blvd, Lansing, MI 48910

  2-Unit Investment Property - With Rental License! Fantastic opportunity to own a well-maintained 2-unit rental property with strong income potential! Unit 1 offers 2 spacious bedrooms, 1.5 baths, main floor laundry, a large living room with hardwood floors, an eat-in kitchen, and a primary bedroom featuring double closets. The full basement includes a finished rec room, providing extra living

  Andrea Shokha EXP Realty, LLC

  2515 S Martin Luther King Junior Blvd, Lansing, MI 48910
• 

  

  /10

  $49,900

  • 1 Bed
  • 1 Bath
  • 578 Sq Ft

  1019 Dakin St, Lansing, MI 48912

  Affordable investment opportunity for both long and short term rentals. This easy-to-maintain 1 bedroom home is the perfect addition to any rental portfolio or a great start for new investors. The property is currently rented for $750 per month with the tenant paying all utilities, offering immediate cash flow from day one. Located on Dakin Street in Lansing, this home sits just minutes from

  Scott Wheaton RE/MAX Real Estate Professionals

  1019 Dakin St, Lansing, MI 48912
• 

  

  /21

  $69,900

  • 3 Beds
  • 1 Bath
  • 1,340 Sq Ft

  637 S Clemens Ave, Lansing, MI 48912

  Investment Opportunity in Lansing. Take advantage of this canvas and make it your own! Featuring 3 bedrooms, 1 bath and over 1,300sf of living space, this home offers a great potential for investors, as well as a first time home buyer looking to add their own character. Schedule a showing today!

  Richard Williams Berkshire Hathaway HomeServices The Loft Warehouse

  

  637 S Clemens Ave, Lansing, MI 48912
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  /4

  $104,900

  • 2 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  619 Shepard St, Lansing, MI 48912

  Great investment opportunity in a convenient, in-town location! This 3-bedroom, 2-bath bungalow offers solid potential with a flexible one-level layout, covered front porch, and bonus upper space ready for your vision. With a one-car garage and easy-maintenance yard, this home is ideal as a starter property or reliable rental. A perfect chance to update, add value, and make it your own.

  Karen Wey EXP Realty - Lansing

  619 Shepard St, Lansing, MI 48912
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  /49

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,610 Sq Ft

  513 W Hillsdale St, Lansing, MI 48933

  Discover this versatile duplex or single-family home featuring two spacious units, each with 2 bedrooms and 1 bath, as well as a convenient in-law suite. Whether you're aiming to kickstart your investment portfolio or looking to live in the bottom unit while the top renter helps cover your mortgage, this property offers great flexibility. Perfect as a starter home or a solid 2-unit investment, it

  Shasta DeLong DeLong and Co.

  513 W Hillsdale St, Lansing, MI 48933
• 

  

  /34

  $229,000

  • 3 Beds
  • 2.5 Baths
  • 2,300 Sq Ft

  525 E Mount Hope Ave, Lansing, MI 48910

  3 bedroom, 2 1/2 bath, finished basement, 2 car detached garage with a nice sized back yard makes this a great find. There is new siding and the roof is around 10 yrs old. The 3 BRs upstairs are spacious and have hard wood floors. There are built-in drawers in upper level. In the 3rd BR there is a door with stairs to the unfinished attic. You can stand up in the center and it would make a great

  Judy Podvin Green Hills Realty Company

  525 E Mount Hope Ave, Lansing, MI 48910
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  /2

  $84,900

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  224 Mifflin Ave, Lansing, MI 48912

  Investor Opportunity! This 2-bedroom, 1-bath home is currently rented and offers a fantastic investment in Lansings beloved Eastside neighborhood just steps from coffee shops, parks, and more. Even better, you can expand your portfolio with three neighboring homes also available for purchase at 129 S Francis, 133 S Francis, and 135 S Francis. No showings without proof of funds or a pre-approval

  Amy Jackson Coldwell Banker Professionals-E.L.

  224 Mifflin Ave, Lansing, MI 48912
• 

  

  /20

  $30,000

  • Land
  • 0.43 Acre
  • $69,767 per Acre

  VL Hillcrest St, Lansing, MI 48910

  Here is a rare opportunity to get a vacant lot in Lansing, MI. This .43-acre vacant offers a strategic location with road frontage on both Hillcrest and Marion, a one-way side street. Zoned for Commercial use, it provides versatility for various business endeavors. Its close proximity to major highways ensures easy accessibility and high visibility. Positioned in a bustling area of Lansing,

  LEXIE CALDWELL Patriot Homes Michigan Real Estate LLC

  

  VL Hillcrest St, Lansing, MI 48910
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  /31

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,311 Sq Ft

  110 N Canal Rd, Lansing, MI 48917

  Excellent investment or first time home buyer opportunity with a new roof in 2025, in the desirable Grand Ledge School District! Situated on just under an acre, this property offers plenty of space and potential. The expansive lot provides a peaceful, private setting while still being conveniently close to schools, shopping, and major commuter routes. Whether you're looking to renovate, rent, or

  Tim Sabrosky RE/MAX Real Estate Professionals

  110 N Canal Rd, Lansing, MI 48917
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  /18

  $125,000

  • 1,407 Sq Ft

  425/425.5 N Butler Blvd, Lansing, MI 48915

  Back on the market as buyer's financing fell through. Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor, 2 sets of W/D's. Shared driveway and a large rear parking lot. This could be an owner-occupied investment property or continue as a

  Gary Naeyaert EXIT Realty Home Partners

  425/425.5 N Butler Blvd, Lansing, MI 48915
• 

  

  /16

  $49,900

  • Land
  • 0.4 Acre
  • $124,750 per Acre

  0 Lot B Willow, Lansing, MI 48917

  .49 Buildable parcel / Grand Ledge Schools / Delta Township Taxes and Services. Prime location for new build / investment.

  Zachary Soderberg Five Star Real Estate - Potterville

  0 Lot B Willow, Lansing, MI 48917
• 

  

  /18

  $150,000

  • 6 Beds
  • 4 Baths
  • 1,838 Sq Ft

  427 N Butler Blvd, Lansing, MI 48915

  Back on the market as the buyer's financing fell through. Solid investment property with long rental history. This two-story single-family home has 1,638 square feet, includes 6 bedrooms, and 4 bathrooms. Finished rec room (or 7th bedroom) in basement. Extensive renovations and new appliances in Jan 2025. This would be an excellent single-family home or continue as an investment property.

  Gary Naeyaert EXIT Realty Home Partners

  427 N Butler Blvd, Lansing, MI 48915
• 

  

  /9

  $74,900

  • 2 Beds
  • 1 Bath
  • 824 Sq Ft

  1119 Leslie St, Lansing, MI 48912

  Great investment opportunity in Lansing! 824 sq ft. All hard surface flooring with 2 bedrooms and 1 full bath.

  Nicolette Williams Coldwell Banker Professionals-E.L.

  1119 Leslie St, Lansing, MI 48912
• 

  

  /15

  $72,000

  • 2 Beds
  • 1 Bath
  • 884 Sq Ft

  404 S Hayford Ave, Lansing, MI 48912

  Back on the market no fault of the home! This is an excellent opportunity to own a cash-flowing investment property in Lansing's desirable Eastside neighborhood. Just minutes from MSU, Frandor Shopping Center, and major highways, this 2-bedroom, 1-bathroom home is ideally situated in a high-demand rental area. The property is currently leased at $1,095 per month, offering immediate and reliable

  Michaela Martin RE/MAX Real Estate Professionals

  404 S Hayford Ave, Lansing, MI 48912
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  /3

  $25,000

  • Land
  • 0.33 Acre
  • $75,758 per Acre

  1 N Grand Ave, Lansing, MI 48906

  Discover endless possibilities on this expansive 65x221 vacant lot, perfectly positioned just a stone's throw from premier shopping destinations. Whether you're envisioning your dream home or planning your next lucrative investment, this property offers an exceptional blank canvas to bring your ideas to life.

  Robert Mask Keller Williams Realty Lansing

  1 N Grand Ave, Lansing, MI 48906
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  /76

  $255,000

  • 2 Baths
  • 1 Sq Ft

  513 W Hillsdale St, Lansing, MI 48933

  2 houses, 3 units and 1 Vacant Lot. Investor's Dream Opportunity-Discover an incredible investment package featuring two homes and an additional vacant lot, offering excellent income potential and future development possibilities. 513 W Hillsdale features two separate units 2-bedroom, 1-bath units, each with its own entrance—perfect for rental income or multi-generational living. 515 W

  Shasta DeLong DeLong and Co.

  513 W Hillsdale St, Lansing, MI 48933
• 

  

  /10

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,114 Sq Ft

  506 N Sycamore St, Lansing, MI 48933

  Great Investment Opportunity! This charming 3-bedroom, 1-bath home is currently rented for $1,325/month with a lease going until July 2026 offering immediate cash flow for investors. The property features a welcoming front porch, perfect for relaxing outdoors, and includes an additional lot extending 6 feet from the driveway, providing extra space and potential. Inside, you'll find a convenient

  Michaela Martin RE/MAX Real Estate Professionals

  506 N Sycamore St, Lansing, MI 48933
• 

  

  /13

  $74,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  122 Hathaway St, Lansing, MI 48917

  Welcome to 122 Hathaway St, a home with great potential and plenty of space to make it your own. Featuring a functional layout, generous living areas, and a nice backyard, this property is great for investors, DIY buyers, or anyone looking to bring their vision to life. Conveniently located near shopping, dining, parks, and major routes. With the right updates, this home can become a fantastic

  Steven Koleno Beycome Brokerage Realty LLC

  

  122 Hathaway St, Lansing, MI 48917
• 

  

  /16

  $110,900

  • 1,762 Sq Ft

  611 N Pine St, Lansing, MI 48933

  Two-Unit Multi-Family Home in Lansing - Excellent investment or owner-occupant opportunity! This well-maintained property features two spacious units, each with its own private entrance and separate utilities. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit provides 3 bedrooms and 1 bathroom. Both units include updated appliances and comfortable living spaces. Each unit is

  Arlone Hudson Five Star Real Estate - Lansing

  611 N Pine St, Lansing, MI 48933
• 

  

  /10

  $55,000

  • Land
  • 0.15 Acre
  • $366,667 per Acre

  1810 N High St, Lansing, MI 48906

  1810 N High St, Vacant Residential Land: Welcome to the opportunity of a lifetime - your chance to build your dream home right in the center of downtown Lansing! The ONLY piece of residential land in this desirable owner-occupied neighborhood! An exceptional chance for investment. Location, Location, Location! Strategically positioned at the most convenient spot, a 5-minute drive to shopping,

  Corey Feldpausch RE/MAX Real Estate Professionals Dewitt

  1810 N High St, Lansing, MI 48906
• 

  /2

  $84,900

  • 2 Beds
  • 1 Bath
  • 743 Sq Ft

  135 S Francis Ave, Lansing, MI 48912

  Investor Opportunity! This 2-bedroom, 1-bath home is currently rented and offers a fantastic opportunity for homeowners or investors alike in Lansing's beloved Eastside neighborhood — just steps from local coffee shops, parks, and more. Even better, you can expand your portfolio with additional neighboring properties also available for purchase: 129 S Francis, 133 S Francis, 135 S Francis, and

  Amy Jackson Coldwell Banker Professionals-E.L.

  135 S Francis Ave, Lansing, MI 48912
• 

  /2

  $229,999

  • 6 Beds
  • 4 Baths
  • 2,748 Sq Ft

  5808 Orchard Ct, Lansing, MI 48911

  Here is an awesome Investment opportunity to purchase a great 2-unit income generating duplex in a great city of Lansing! All units occupied with long term Tenants. Both units have 3-bedroom 1.5-bathroom, huge backyards great for families. Quiet neighborhood with great neighbors. Units are Licensed Rentals with city of Lansing. Also can be sold as a package with 5724/5726 Orchard & 5750/5752

  Frank Jajou Real Estate One-Troy

  

  5808 Orchard Ct, Lansing, MI 48911
• 

  

  /17

  $125,000

  • 5 Beds
  • 2 Baths
  • 1,766 Sq Ft

  433 N Butler Blvd, Lansing, MI 48915

  Back on the market as buyer financing fell through. Solid investment property with long rental history. This two-story single-family home has 1,760 square feet, 5 bedrooms, and 2 bathrooms. Parking is on-street, in shared lot or empty lot across the street. This would be an excellent single-family home or rental. Property is occupied by tenants under a $ 1,500-per-month lease through 11/30/26.

  Gary Naeyaert EXIT Realty Home Partners

  433 N Butler Blvd, Lansing, MI 48915
• 

  

  /19

  $1,050,000

  • 23 Beds
  • 12 Baths
  • 7,760 Sq Ft

  4221 N Grand River Ave, Lansing, MI 48906

  Skyline Apartments is a well-maintained 12-unit multifamily property located along Lansing’s northwest Grand River corridor. Built in 1965 and renovated in 2023, the property totals 7,760 SF across one two-story building with a garden-level layout. The unit mix consists of eleven 2-bed/1-bath apartments and one 1-bed/1-bath unit, averaging 783 SF. Current occupancy is 100%, generating over

  Michael McClafferty OakPointe Real Estate Advisors

  

  4221 N Grand River Ave, Lansing, MI 48906
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  /40

  $48,000

  • 3 Beds
  • 2 Baths
  • 1,028 Sq Ft

  2805 W Washtenaw St, Lansing, MI 48917

  Home is gutted and an open canvas for your creativity. New roof! Enclosed front porch for entry. Fenced back yard. Great for investment or personal residence.

  Jennifer Taylor Brokers Realty

  2805 W Washtenaw St, Lansing, MI 48917
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  /9

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  1420 Reo Rd, Lansing, MI 48910

  Are you searching for the perfect starter home or a smart investment opportunity? Look no further! This delightful single-family home in the heart of Lansing, Michigan, offers an unbeatable blend of convenience, and potential. Centrally located near universities. A prime location with a spacious lot and an oversized two-car garage with a workshop. Kitchen appliances, and washer & dryer included.

  Rene Guzman 1st Advantage Realty

  1420 Reo Rd, Lansing, MI 48910
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  /29

  $85,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  1016 Lake Lansing Rd, Lansing, MI 48906

  Welcome to 1016 Lake Lansing Road, a 3-bedroom, 1-bath bungalow with nearly 1,000 finished square feet. This excellent starter home or investment property needs some updates (and appliances!). The first floor features genuine hardwood floors in the living room, dining room, and two bedrooms, as well as a full bathroom, an enclosed front porch, and a mudroom. Upstairs is a large third bedroom,

  Gary Naeyaert EXIT Realty Home Partners

  1016 Lake Lansing Rd, Lansing, MI 48906
• 

  /2

  $84,900

  • 2 Beds
  • 1 Bath
  • 854 Sq Ft

  133 S Francis Ave, Lansing, MI 48912

  This 2-bedroom, 1-bath home is currently rented and offers a fantastic opportunity for homeowners or investors alike in Lansing's beloved Eastside neighborhood ~ just steps from local coffee shops, parks, and more. Even better, you can expand your portfolio with additional neighboring properties also available for purchase: 129 S Francis, 133 S Francis, 135 S Francis, and 224 Mifflin Whether

  Amy Jackson Coldwell Banker Professionals-E.L.

  133 S Francis Ave, Lansing, MI 48912
• 

  

  /12

  $29,900

  • 2 Beds
  • 1 Bath
  • 600 Sq Ft

  118 Mifflin Ave, Lansing, MI 48912

  Investment opportunity! Do you have a child attending LCC or MSU? With some work, this 2 bedroom bungalow could be the answer to the high rent you're paying now. This house is yards from the bus line on Michigan Avenue, between Lansing Community College and Michigan State University campus'. A nice size living and dining room, 2 small bedrooms, a walk up second floor that's not part of the square

  Paul Brown Gateway to Homes

  118 Mifflin Ave, Lansing, MI 48912
• 

  

  /9

  $79,900

  • 3 Beds
  • 1 Bath
  • 910 Sq Ft

  426 S Francis Ave, Lansing, MI 48912

  Welcome to 426 S Francis Ave! This wonderful home is conveniently located just minutes from downtown Lansing. Many businesses in the surrounding areas makes this a great buy and hold opportunity. Schedule an appointment today to make this home yours or to add this to your investment portfolio.

  Darnell Obamwonyi River Shore Realty, LLC

  

  426 S Francis Ave, Lansing, MI 48912
• 

  

  /15

  $49,900

  • 3 Beds
  • 1 Bath
  • 1,560 Sq Ft

  531 N Butler Blvd, Lansing, MI 48915

  Excellent investment opportunity near downtown Lansing! This 3 bedroom 1 bath home offers convenient access to shopping, dining, and major highways. Property requires extensive repairs and updates but provides great potential for the right buyer. Bring your vision and make this property shine again.

  Cheri Hendershot-Tarpley Century 21 Affiliated

  531 N Butler Blvd, Lansing, MI 48915
• 

  

  /25

  $64,900

  • 2 Beds
  • 1 Bath
  • 551 Sq Ft

  4125 Lowcroft Ave, Lansing, MI 48910

  Welcome to 4125 Lowcroft Avenue! This quaint 1 bedroom, 1 bathroom home is move in ready conveniently located near all your daily needs! This home is a licensed rental and was recently renewed. If you're looking for your next investment property, look no further! Don't miss this property! Call today to schedule your private showing.

  Raeanne Mardigian RE/MAX Real Estate Professionals

  4125 Lowcroft Ave, Lansing, MI 48910
• 

  

  /32

  $129,900

  • 4 Beds
  • 2 Baths
  • 2,018 Sq Ft

  515 W Hillsdale St, Lansing, MI 48933

  Welcome to this large 4 bedroom 2 bathroom home, currently registered as a rental with the city of Lansing. It would make a perfect home or investment opportunity. This home is currently being sold with 513 W Hillsdale or separately.

  Shasta DeLong DeLong and Co.

  515 W Hillsdale St, Lansing, MI 48933

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