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Lansing, MI Multifamily Homes & Duplexes for Sale

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  • /14

    $120,000

    • 1,848 Sq Ft

    518 Beech St, Lansing, MI 48912

    Welcome to 518 Beech St, Lansing! Discover a fantastic investment opportunity with this charming duplex in the heart of Lansing! The property features updated kitchens and two spacious units, offering flexibility for both homeowners and investors. The main floor includes 2 comfortable bedrooms, a full bathroom, and convenient in-unit laundry, perfect for everyday living. Upstairs, you'll find a

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 698-8079

    518 Beech St, Lansing, MI 48912
  • /43

    $223,750

    • 2,173 Sq Ft

    4400 Chadburne Dr, Lansing, MI 48911

    Do not disturb the tenants. new roof and gutters across all units. Tenants are responsible for all utilities, including gas, electric, water, sewer, and trash. The duplex at 4400 Chadburne offers a well-maintained 2-bedroom, 1.5-bath unit with a full basement and an attached 2-car garage. The rent for this unit is $1,050. Additionally, the 4402 unit offers 3 bedrooms, 1.5 bathrooms, new carpet,

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 715-4831

    4400 Chadburne Dr, Lansing, MI 48911
  • /32

    $223,750

    • 1,888 Sq Ft

    904 Linden Grove Ave, Lansing, MI 48912

    Welcome to 904 Linden Grove in Lansing, MI - 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 $950 per month, as well as two 1-bedroom units,

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 715-0731

    904 Linden Grove Ave, Lansing, MI 48912
  • /27

    $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

    Agent Photo

    Thomas Barrett

    Keller Williams Realty Lansing

    (517) 399-2398

    602 N Pennsylvania Ave, Lansing, MI 48912
  • /28

    $124,900

    • 1,366 Sq Ft

    922 Dakin St, Lansing, MI 48912

    Great Investment Opportunity!This 2-unit rental property offers tremendous potential for investors. The main level features a spacious 2-bedroom, 1-bathroom unit currently rented, while the upper unit boasts a cozy 1-bed, 1-bath layout, which is also currently rented - Expected market rent $825Both units are responsible for their own utilities and trash. The property also includes a

    Agent Photo

    David Hall

    Achieve Real Estate LLC

    (517) 836-5754

    922 Dakin St, Lansing, MI 48912
  • /36

    $310,000

    • 1,672 Sq Ft

    412 S Hayford Ave, Lansing, MI 48912

    Welcome to 412 S Hayford, Lansing - a prime investment opportunity! This fully operational 4-unit property is currently thriving as a short-term rental, with 619 bookings in 2024 alone and a CAP rate of approximately 11%. This is a true turn-key investment - all furniture, supplies, and current bookings transfer to the new owner, allowing for seamless continued income. Each unit is full of

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 924-9442

    412 S Hayford Ave, Lansing, MI 48912
  • /35

    $223,750

    • 2,302 Sq Ft

    4114 Burchfield Dr, Lansing, MI 48910

    Do not disturb the tenants. new roof and gutters across all units. Tenants are responsible for all utilities, including gas, electric, water, sewer, and trash. Unit 4114 is a fully renovated property featuring 3 bedrooms, 1.5 baths, and a full basement, with a rent of $1,052 per month, and the lease expires on April 30, 2025. Unit 4116 has similar features, also offering 3 bedrooms, 1.5 baths,

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 459-8837

    4114 Burchfield Dr, Lansing, MI 48910
  • /29

    $223,750

    • 2,093 Sq Ft

    3941 Glenburne Blvd, Lansing, MI 48911

    Do not disturb the tenants. new roof and gutters across all units. Tenants are responsible for all utilities, including gas, electric, water, sewer, and trash. The unit at 3941 Glenburne offers 2 bedrooms, 1.5 bathrooms, and a full basement, with updated flooring and bathrooms throughout. It also includes a 1-car attached garage. The current rent for this unit is $989, with a lease ending on

    Agent Photo

    Morgan Meredith

    Keller Williams Realty Lansing

    (517) 777-9104

    3941 Glenburne Blvd, Lansing, MI 48911
  • /24

    $174,900

    • 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
  • /22

    $285,000

    • 2,796 Sq Ft

    1219 N Washington Ave, Lansing, MI 48906

    BACK ON MARKET DUE TO BUYER LOSING FINANCING- NO FAULT OF THE PROPERTIES. Previously appraised at value!! GREAT OPPORTUNITY! Calling all Lansing area new or seasoned investors - DOUBLE the Income!! These sought-after multi-units provide Great Immediate Income with an unbeatable location! Prime location within walking distance to Lansing's famous Old Town District. Attract tenants that

    Amber Redman Five Star Real Estate - Lansing

    1219 N Washington Ave, Lansing, MI 48906
  • /53

    $174,900 Open Sat 12PM - 3PM

    • 1,422 Sq Ft

    1010 W Barnes Ave, Lansing, MI 48910

    Solid Investment Opportunity! This fully occupied 3-unit property (seller occupies one unit) offers immediate income and proven tenant stability. Each unit features private entrances, functional layouts, and steady rental history with minimal turnover. Garage and driveway parking add to tenant appeal, while recent seller updates (see list) provide peace of mind. Conveniently located near

    Elizabeth (Betsy Acker EXIT Realty Home Partners

    1010 W Barnes Ave, Lansing, MI 48910
  • /40

    $207,500

    • 1,662 Sq Ft

    309 & 311 S Holmes St, Lansing, MI 48912

    This charming 2-unit duplex offers a fantastic opportunity for both investors and homeowners. Each unit features 2 spacious bedrooms, providing ample living space for tenants or family members. The property includes a full basement, perfect for storage or potential additional living space. Both units are currently on a month-to-month lease, offering flexibility for future plans. Located close to

    David Barone RE/MAX Real Estate Professionals

    309 & 311 S Holmes St, Lansing, MI 48912
  • /73

    $234,900

    • 2,176 Sq Ft

    3700 Malibu Dr, Lansing, MI 48911

    This two-story, two-building has potential for both investors and owner-occupants. Each unit features 3 bedrooms, 1.5 bathrooms, and a full basement for added space, as well as its private yard, perfect for relaxing or entertaining. The attached two-car garage gives each unit its own dedicated space.

    David Barone RE/MAX Real Estate Professionals

    3700 Malibu Dr, Lansing, MI 48911
  • /44

    $189,900

    • 2,833 Sq Ft

    1722 S Washington Ave, Lansing, MI 48910

    Welcome to 1722 S Washington, Lansing MI. This money making licensed four unit has long term renters. There are separate gas and electric meters. Basement can be accessed by all 4 units if you choose to add coin laundry. Convenient location, close to Reo town, downtown and highways. Nice new front porch and balcony. Parking out back. Seller is a licensed realtor in the state of Michigan.

    Angela Averill Century 21 Affiliated

    1722 S Washington Ave, Lansing, MI 48910
  • /30

    $139,900

    • 1,682 Sq Ft

    1128 W Washtenaw St, Lansing, MI 48915

    Welcome to 1128 W Washtenaw st. Great investment opportunity near downtown Lansing! This duplex features two units: Both with 2 bedrooms and 1 full bath each. With 1,682 total sq ft this property is ideal for investors or owner-occupants looking to offset their mortgage with rental income. Basement includes a shared laundry. Each unit pays separate Gas and shares electric and water. Home

    Shron Nathan Five Star Real Estate - Lansing

    1128 W Washtenaw St, Lansing, MI 48915
  • /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
  • /77

    $259,000

    • 3,668 Sq Ft

    420 W Ionia St, Lansing, MI 48933

    Late 1800's Victorian house is sitting, waiting for it's next visionary. Best part is the carriage house in rear is also available and set up as duplex with 2 x 1 bed 1 bath units, with separate heating/cooling and electrical (shared water between all 3 properties but could be split) (and new roof that was torn off and re-shingled with new underlayment). Don't need the rental convert back to

    Joseph Vitale Century 21 Affiliated

    420 W Ionia St, Lansing, MI 48933
  • /50

    $165,000

    • 1,436 Sq Ft

    217 N Butler Blvd, Lansing, MI 48915

    Discover this excellent income-generating property featuring three separate units with separated utilities—ideal for investors or owner-occupants looking to offset their mortgage.The main front building includes two well-maintained units, each with comfortable living spaces and great rental appeal. In the back, you'll find a standalone unconnected building that offers a third private unit,

    Mykayla Fenska Home Towne Real Estate

    217 N Butler Blvd, Lansing, MI 48915
  • /13

    $268,900

    • 1,760 Sq Ft

    833 Vine St, Lansing, MI 48912

    4-Unit Property income property. Each unit has one bedroom and one bath. Great location near University of Michigan Sparrow, Neogen and the Stadium District! Property interior has been updated. Landlord pays water, sewer and heat. Tenant pays electric. Property can be purchased together with 819 Vine St

    Benjamin Parker Apex Appraisal Company LLC

    833 Vine St, Lansing, MI 48912
  • /22

    $109,900

    811 Larned St, Lansing, MI 48912

    Discover an exceptional investment opportunity in Lansing, Michigan, featuring a well-maintained multi-unit property with tremendous potential. The lower unit has been completely remodeled, offering modern finishes, updated appliances, and a fresh, inviting atmosphere—perfect for attracting reliable tenants or providing a comfortable living space if you choose to occupy it yourself. This property

    Ricardo Cottengim Cody & Co.

    811 Larned St, Lansing, MI 48912
  • /3

    $229,999

    • 6 Beds
    • 4 Baths
    • 2,496 Sq Ft

    5750 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 & 5808/5810

    Frank Jajou Real Estate One-Troy

    5750 Orchard Ct, Lansing, MI 48911
  • /2

    $229,999

    • 6 Beds
    • 4 Baths
    • 2,496 Sq Ft

    5724 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 5750/5752 Orchard & 5808/5810

    Frank Jajou Real Estate One-Troy

    5724 Orchard Ct, Lansing, MI 48911
  • /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
  • /5

    $85,000

    509 N Walnut St Unit 1, Lansing, MI 48933

    For sale ''As is'' knob and tube wiring needs to be replaced and price is a reflection of that needed upgrade. Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate

    Ricardo Cottengim Cody & Co.

    509 N Walnut St Unit 1, Lansing, MI 48933
  • /17

    $259,900

    • 2,183 Sq Ft

    3319 Jewell Ave, Lansing, MI 48910

    Discover this versatile four-unit property ideally situated in a desirable Lansing neighborhood. The main building features three well-maintained residential units, each offering comfortable living spaces filled with natural light and functional layouts.Additionally, a detached garage building includes a spacious upper-level unit perfect as a private apartment or rental for added income.

    Mykayla Fenska Home Towne Real Estate

    3319 Jewell Ave, Lansing, MI 48910
  • /15

    $198,000

    • 832 Sq Ft

    5026 Delray Dr Unit A, Lansing, MI 48910

    Great investment opportunity or convert this split style duplex back to single family, four bedroom and two full bathroom home. The duplex currently has two bedrooms and one full bathroom in each unit. Close to freeway, shopping, restaurants, and more. Schedule your showing today!

    Christina Bahr Coldwell Banker Professionals-Delta

    5026 Delray Dr Unit A, Lansing, MI 48910
  • /21

    $79,900

    • 1,472 Sq Ft

    607 Shepard St Unit 2, Lansing, MI 48912

    BUYERS AGENTS ARE TO USE OTHER COSTS FIELD ON OFFER SYSTEM TO NOTE THEIR REQUESTED All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. If your offer is accepted, you agree to be responsible for an offer submission technology fee of $225.00. The fee will be collected and disbursed by the settlement agent and disbursed at the closing and settlement of the transaction.

    Ruben Sauceda Great America Brokers LLC

    607 Shepard St Unit 2, Lansing, MI 48912
  • /30

    $259,000

    • 1,562 Sq Ft

    4733 S Pennsylvania Ave, Lansing, MI 48910

    Fully remodeled duplex with high-quality upgrades throughout! Great opportunity to live in one or a ready investment. Both units feature new vinyl plank, carpet, and tile flooring, brand-new electric baseboard heaters and thermostats, new AC units, new(er) hot water heaters, and all-in-one washer/dryers. Updated kitchens with 2 new refrigerators, new stove in upper unit, and recent stove in

    Elizabeth McGee Real Broker LLC

    4733 S Pennsylvania Ave, Lansing, MI 48910
  • /23

    $89,000

    • 1,500 Sq Ft

    147 Isbell St, Lansing, MI 48910

    Turn key duplex for under 100K! Lower unit is vacant and just remodeled with new countertops, flooring and paint. Upper unit is rented for $750 per month. Investor or homeowner, this one cash flows no matter how you slice it. Don't pass this one by.

    Jessica Hart Keller Williams GR East

    147 Isbell St, Lansing, MI 48910
  • /18

    $125,000

    • 1,407 Sq Ft

    425/425.5 N Butler Blvd, Lansing, MI 48915

    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 bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental.

    Gary Naeyaert EXIT Realty Home Partners

    425/425.5 N Butler Blvd, Lansing, MI 48915
  • /50

    $335,000

    • 3,813 Sq Ft

    521 Seymour Ave, Lansing, MI 48933

    Welcome to 521 N Seymour Ave! 3 unit mixed use building with office space on main level and 2 single family rental units on upper level. There is unrestricted parking in the rear of the building which holds 10 vehicles. Metered street parking is available in front of the building. The main level office space features a main lobby area with fireplace, conference room, break/lunch room with

    Jessica Hillyer Coldwell Banker Professionals-Delta

    521 Seymour Ave, Lansing, MI 48933
  • /6

    $119,999

    • 3 Beds
    • 2.5 Baths
    • 1,592 Sq Ft

    4414 S Martin Luther King jr Blvd, Lansing, MI 48910

    Welcome to 4414 S Martin Luther King this 2-unit Property offers Main floor with a full kitchen, full bathroom and 3-4 bedrooms. There is a huge 2-3 car attached garage with the property. Huge backyard great for kids and pets. Lots of parking. Property has a new furnace, oversized water heater and new electric heat on the second floor apartment. Upstairs unit is also set up for a 2-unit rental

    Frank Jajou Real Estate One-Troy

    4414 S Martin Luther King jr Blvd, Lansing, MI 48910
  • /22

    $240,000

    • 2,566 Sq Ft

    3811 Cooley Dr, Lansing, MI 48911

    Hard to find side by side duplex with 3 bedrooms, 1 1/2 baths with full basements! Plenty of storage in each unit with semi-private back yards. Right side has fresh paint, hardwood floors in the bedrooms with newer furnace and water heater along with a garage! Let this income help you with you mortgage payment! Close to the river, shopping and easy access to 496. Come make this your new home!

    Jodi LaBar EXIT Realty Home Partners

    3811 Cooley Dr, Lansing, MI 48911
  • /2

    $99,000

    • 1,464 Sq Ft

    209 S Hosmer St, Lansing, MI 48912

    Investors Welcome! Great 3 unit property. Currently rented. 48 hour notice required for all showings.

    Brian Ozbun Bellabay Realty, LLC

    209 S Hosmer St, Lansing, MI 48912
  • /2

    $90,000

    • 1,038 Sq Ft

    207 S Hosmer St, Lansing, MI 48912

    Investors Welcome! Great 2 unit - 2 bed/1.5 bath & 1 bed/1 bath. Currently rented. 48 hour notice required for all showings.

    Brian Ozbun Bellabay Realty, LLC

    207 S Hosmer St, Lansing, MI 48912
  • /33

    $110,000

    • 1,008 Sq Ft

    1913 Stirling Ave, Lansing, MI 48910

    Mykayla Fenska Home Towne Real Estate

    1913 Stirling Ave, Lansing, MI 48910
  • /14

    $89,900

    • 1,656 Sq Ft

    917 E Kalamazoo St, Lansing, MI 48912

    Brian Ozbun Bellabay Realty, LLC

    917 E Kalamazoo St, Lansing, MI 48912
  • /39

    $209,000

    • 2,204 Sq Ft

    4221 S Martin Luther King Junior Blvd, Lansing, MI 48910

    Carolina Sabo Exit Great Lakes Realty

    4221 S Martin Luther King Junior Blvd, Lansing, MI 48910
  • /19

    $85,600

    • 6 Beds
    • 2 Baths
    • 2,150 Sq Ft

    421 N Pennsylvania Ave Unit 1, Lansing, MI 48912

    Charming multifamily property available. Three bedrooms/one bathroom per unit. Easy access to commercial areas. Attractive investment property! RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding.

    Lori Brown Realhome Services and Solutions Inc

    421 N Pennsylvania Ave Unit 1, Lansing, MI 48912

Why Live in Lansing

Lansing combines cultural attractions and outdoor recreation with affordable living. The Michigan State Capitol's stunning architecture anchors downtown, while the 13-mile Lansing River Trail connects residents to natural spaces along the Grand River. Potter Park Zoo delights families year-round, especially during October's "Boo at the Zoo" event. The Wharton Center brings Broadway shows and concerts, while the MSU Broad Art Museum showcases modern exhibitions. Sports fans gather at Spartan Stadium for Michigan State football games. The dining scene features diverse options from Choupli Wood-Fired Kabob's Mediterranean cuisine to authentic Southern flavors at Meat BBQ.

The housing market presents varied options across distinct neighborhoods. The median single-family home price in Lansing is $152,500, with prices varying by area. Moores River Drive commands the highest median single-family home price at $201,900, while Old Town's median sits at $125,000. Downtown Lansing's median single-family price is $136,500. Condos start at a median price of $110,000 for one bedroom units and $155,000 for two bedrooms.

Living costs run 9.1% below the national average. A family with school-age children needs $97,000 annually to live comfortably, while renters require $52,000. Monthly grocery costs average $1,400 for families and $600 for renters. Housing expenses average $2,000 monthly for families and $1,800 for renters. Property taxes in Ingham County stand at 1.86%, while the state income tax rate is 4.25% plus a 1% local income tax. Lansing residents benefit from quality education options, including East Lansing High School and Glencairn Elementary School, both rated A by Niche. The city's largest employers include the State of Michigan, Michigan State University, General Motors, and Sparrow Health System.

Home Trends in Lansing, MI

Housing Trends

Median Sale Price
$162,700
Median Single Family Sale Price
$162,000
Median Townhouse Sale Price
$198,500
Median 2 Bedroom Sale Price
$167,750
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$125
Number of Homes for Sale
310
Last 12 months Home Sales
2,034
Months of Supply
1.80
Median List Price
$164,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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