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Investment - Homes for Sale in Lansing, MI

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  • /17

    $84,000

    • 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.

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 300-3294

    147 Isbell St, Lansing, MI 48910
  • /31

    $219,900

    • 3 Beds
    • 1 Bath
    • 1,647 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. The spacious kitchen features attractive tile floors perfect for handling those inevitable cooking adventures, while vinyl

    Agent Photo

    Travis McIntyre

    Bellabay Realty (North)

    (517) 500-7916

    921 E Willoughby Rd, Lansing, MI 48911
  • /32

    $170,500

    • 3 Baths
    • 1,545 Sq Ft

    1614 S Washington Ave, Lansing, MI 48910

    TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4- UNITS INCLUDING 3-EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. THE LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN

    Agent Photo

    John Hagerty, Jr.

    Five Star Real Estate - Lansing

    (517) 996-1032

    1614 S Washington Ave, Lansing, MI 48910
  • /16

    $95,000

    • 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

    Agent Photo

    Stacee Robison

    Keller Williams Realty Lansing

    (517) 996-8941

    523 Clifford St, Lansing, MI 48912
  • /15

    $69,900

    • 2 Beds
    • 1 Bath
    • 528 Sq Ft

    1704 Massachusetts Ave, Lansing, MI 48906

    Welcome to 1704 Massachusetts Ave in Lansing, an excellent opportunity for investors or buyers looking to add their personal touch. This 2-bedroom home features a recently remodeled kitchen and bathroom (2025), providing a strong starting point for future improvements. With solid bones and great potential, the property primarily needs cosmetic updates to truly shine. Additional highlights include

    Agent Photo

    Brock Fletcher

    Keller Williams Realty Lansing

    (517) 705-6172

    1704 Massachusetts Ave, Lansing, MI 48906
  • /29

    $70,000

    • 3 Beds
    • 1 Bath
    • 1,336 Sq Ft

    527 Beech St, Lansing, MI 48912

    Attention investors and savvy buyers! Prime rental opportunity just minutes from Michigan State University, downtown Lansing, and major commuter routes. 527 Beech Street offers excellent potential for cash flow, appreciation, or a value-add project in a high-demand rental corridor. With a flexible floor plan, multiple living areas, and ample storage, this property is well suited for student

    Agent Photo

    David Hall

    Achieve Real Estate LLC

    (517) 628-4326

    527 Beech St, Lansing, MI 48912
  • /16

    $100,000

    • 1,320 Sq Ft

    145 Isbell St, Lansing, MI 48910

    Package deal with the neighboring duplex 147 Isbell! Great investment opportunity in Lansing! This well-maintained duplex offers excellent income potential, bringing in $1,500 per month. The upper unit is currently occupied at $825 per month through January 2027, and the lower unit is rented for $750 with tenants paying all utilities. Turnkey and ready to go, this property is a solid cash-flowing

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 550-7496

    145 Isbell St, Lansing, MI 48910
  • /30

    $158,500

    • 2 Baths
    • 1,826 Sq Ft

    514 N Walnut St, Lansing, MI 48933

    WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS

    Agent Photo

    John Hagerty, Jr.

    Five Star Real Estate - Lansing

    (517) 760-5812

    514 N Walnut St, Lansing, MI 48933
  • /31

    $177,500

    • 2 Baths
    • 1,862 Sq Ft

    1612 S Washington Ave, Lansing, MI 48910

    TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4 UNITS INCLUDING 3- EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN

    Agent Photo

    John Hagerty, Jr.

    Five Star Real Estate - Lansing

    (517) 698-8507

    1612 S Washington Ave, Lansing, MI 48910
  • /14

    $230,000

    • 1 Bath
    • 2,434 Sq Ft

    821 N Chestnut St, Lansing, MI 48906

    Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one

    Agent Photo

    Senada Pargan

    Century 21 Affiliated

    (517) 997-0922

    821 N Chestnut St, Lansing, MI 48906
  • /18

    $154,000

    • 3 Baths
    • 1,462 Sq Ft

    2729 N Martin Luther King jr Blvd, Lansing, MI 48906

    Fully occupied duplex in Lansing offering immediate rental income and strong investment potential. The property is currently rented by a long term family who would love to remain, creating a stable income opportunity. Unit 1 rents for $825 per month and Unit 2 rents for $975 per month, for a total monthly income of $1,800 and annual gross income of $21,600. Each unit includes 1 bedroom, 1 full

    Agent Photo

    Senada Pargan

    Century 21 Affiliated

    (517) 245-1040

    2729 N Martin Luther King jr Blvd, Lansing, MI 48906
  • /25

    $280,000

    • 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.

    Agent Photo

    Sherree Zea

    Coldwell Banker Professionals-Delta

    (517) 715-4337

    215 Winifred Ave Unit A & B, Lansing, MI 48917
  • /27

    $89,000

    • 3 Beds
    • 1 Bath
    • 1,014 Sq Ft

    4928 Hughes Rd, Lansing, MI 48910

    Charming 3-bedroom, 1-bath home in Lansing offering comfort, space, and outdoor appeal. Situated on a rare double lot, this property features a fenced area in backyard perfect for pets, play, or entertaining. Enjoy relaxing mornings or evenings in the enclosed front porch, adding extra living space and curb appeal. With a functional layout and generous yard, this home offers great value and

    Ed Roberts KNE Realty 360, Inc

    4928 Hughes Rd, Lansing, MI 48910
  • /19

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,220 Sq Ft

    904 N Sycamore St, Lansing, MI 48906

    Turnkey investment opportunity or extremely affordable, move-in-ready home! This 3-bedroom rental property is currently tenant-occupied and producing income, making it a great addition to any portfolio. The property is currently Section 8 approved with rent at $1,350/month. Located just minutes from downtown Lansing, with convenient access to major hospitals, schools, employment centers, parks,

    Amber Redman Five Star Real Estate - Lansing

    904 N Sycamore St, Lansing, MI 48906
  • /23

    $124,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    123 N Deerfield Ave, Lansing, MI 48917

    Welcome to this 2-bedroom, 1-bath home located in the desirable Waverly School District in Lansing. This ranch style home offers a functional layout with the convenience of first-floor laundry and an additional flex room that can easily serve as a home office, guest space, hobby room, or additional useable space. Several important updates have already been completed, including a newer roof, newer

    Britni Houghton Five Star Real Estate - Lansing

    123 N Deerfield Ave, Lansing, MI 48917
  • /2

    $82,900

    • 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
  • /12

    $139,900

    • 1,611 Sq Ft

    110 E Willow St, Lansing, MI 48906

    Located in downtown Lansing near Old Town and the Grand River, this top and bottom duplex offers an excellent location for city and state employees, downtown business owners, and Cooley Law students. This is a rare price point for a cash flowing duplex with minimal repairs needed. The previous owner disclosed that the furnace was replaced in 2018, making this a solid and efficient investment

    Scott Wheaton RE/MAX Real Estate Professionals

    110 E Willow St, Lansing, MI 48906
  • /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
  • /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
  • /2

    $154,900

    • 1,344 Sq Ft

    1713 Stanley Ct, Lansing, MI 48912

    Great location & opportunity meet in this income-producing registered rental just minutes from Michigan State University, UM Sparrow Hospital, Downtown Lansing, restaurants, parks, and everyday conveniences. This duplex offers character, flexibility and investment potential. The main-floor unit features two bedrooms, hardwood floors, and a cozy fireplace. Upstairs includes a one-bedroom, one-bath

    Amy Jackson Coldwell Banker Professionals-E.L.

    1713 Stanley Ct, Lansing, MI 48912
  • /27

    $175,000

    • 2 Baths
    • 1,280 Sq Ft

    529 Cherry St, Lansing, MI 48933

    Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a

    Cindy Beckwith Five Star Real Estate - Lansing

    529 Cherry St, Lansing, MI 48933
  • /15

    $78,000

    • 1 Bed
    • 1 Bath
    • 419 Sq Ft

    826 R G Curtiss Ave, Lansing, MI 48911

    Welcome Home! Tucked away at the end of a quiet dead-end street in Lansing, this charming 1-bedroom home at 826 R G Curtiss offers the perfect blend of privacy, simplicity, and affordability. Step inside and discover a cozy space with a warm, cabin-like oasis feel—creating a peaceful retreat right within the city. Whether you're a first-time buyer, downsizing, or looking for an investment

    Gary King LPT Realty LLC

    826 R G Curtiss Ave, Lansing, MI 48911
  • /24

    $72,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    504 W Fairfield Ave, Lansing, MI 48906

    Welcome to 504 West Fairfield Avenue in Lansing. NEW PRICE! This affordable two-bedroom, one-bath ranch offers a great opportunity to make it your own. Tucked away on a dead-end street, the home features a larger backyard, perfect for gardening or future possibilities. Whether you're a first-time buyer or looking for an investment, this property offers comfort, potential, and value in a

    Cindy Beckwith Five Star Real Estate - Lansing

    504 W Fairfield Ave, Lansing, MI 48906
  • /15

    $60,000

    • 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 recently leased for $1,095 per month, offering reliable rental income.

    Michaela Martin RE/MAX Real Estate Professionals

    404 S Hayford Ave, Lansing, MI 48912
  • /34

    $200,000

    • 2,662 Sq Ft

    1400 W Michigan Ave, Lansing, MI 48915

    Prime investment opportunity in Lansing's iconic Old West Side—where tree-lined streets, historic charm, and urban convenience come together. This fully occupied duplex offers immediate cash flow in one of the city's most desirable and walkable neighborhoods. Located just minutes from the I-496 entrance, residents enjoy quick access to Downtown Lansing, West Lansing, and major employment hubs.

    Mykayla Fenska Home Towne Real Estate

    1400 W Michigan Ave, Lansing, MI 48915
  • /3

    $12,500

    • Land
    • 0.33 Acre
    • $37,879 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
  • /13

    $60,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1530 Ballard St, Lansing, MI 48906

    Affordable investment opportunity in North Lansing! This single-family home offers a simple, low-maintenance footprint ideal for buy-and-hold investors or portfolio expansion. Located in the 48906 area with strong rental demand for small SFH properties. Features approximately 864 sq ft with 1 bath, older construction, and a functional layout that allows for cosmetic updates to improve value and

    Cedric Wicks Epique Realty

    1530 Ballard St, Lansing, MI 48906
  • /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
  • /2

    $5,900

    • 2 Beds
    • 1 Bath

    86 Nettie Ave Unit 86, Lansing, MI 48906

    Check out this amazing deal! While this home needs a little TLC, it is worth the investment. Call our office to check out this 2 / 1 DIY home with 720 of space. The possibilities are endless! For more information, contact one of our Home Specialists!Conditions may apply. Approval contingent on approved credit and deposit. Equal Housing Opportunity (EHO). Breed restrictions apply. Contact our home

    Belinda Vogelpohl Valley Estates

    86 Nettie Ave Unit 86, Lansing, MI 48906
  • /11

    $52,000

    • 3 Beds
    • 1 Bath
    • 786 Sq Ft

    1035 May St, Lansing, MI 48906

    Located in a convenient Lansing location, this two-bedroom home at 1035 May Street puts you close to the energy of downtown, local schools, and various shopping options. The main floor features a functional layout including a living room, formal dining room, kitchen, and a dedicated office space perfect for remote work. Upstairs, you will find both bedrooms and the full bathroom. The property

    Laura Olson Keller Williams Realty Lansing

    1035 May St, Lansing, MI 48906
  • /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
  • /12

    $54,900

    • 2 Beds
    • 1 Bath
    • 689 Sq Ft

    411 S Hayford Ave, Lansing, MI 48912

    Welcome to 411 S. Hayford. This excellent opportunity to own a cash-flowing investment property in Lansing's Eastside area. Close to highways, shopping, Frandor MSU, LCC and much more. Property is currently leased for $1,330 /month and tenant pays their own heat, water, sewer and electric. New furnace - Jan. 2026. All appliances and washer/dryer included. Two bedrooms. Fenced yard, covered front

    Carin Whybrew Coldwell Banker Professionals -Okemos

    411 S Hayford Ave, Lansing, MI 48912
  • /27

    $119,000

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft

    612 N Walnut St, Lansing, MI 48933

    Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local

    Stanley Dickson Trowbridge Realty

    612 N Walnut St, Lansing, MI 48933
  • /2

    $82,900

    • 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
  • /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
  • /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
  • /2

    $41,900

    • Land
    • 0.32 Acre
    • $130,938 per Acre

    0 Glenwood Ave, Lansing, MI 48910

    Three great city lots in Lansing! An amazing investment opportunity or you could build new for yourself.

    Mario Baldino RE/MAX Real Estate Professionals

    0 Glenwood Ave, Lansing, MI 48910
  • /2

    $82,900

    • 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
  • /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
  • /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

Showing Results 1 - 40, Page 1 of 2

Home Trends in Lansing, MI

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$164,900
Median 2 Bedroom Sale Price
$179,000
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$126
Number of Homes for Sale
272
Last 12 months Home Sales
2,048
Months of Supply
1.60
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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