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Lansing, MI Multifamily Homes & Duplexes for Sale

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  • /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
  • /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
  • /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
  • /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
  • /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
  • /28

    $99,900

    • 1,251 Sq Ft

    212 S 8th St, Lansing, MI 48912

    Agent Photo

    Ben Magsig

    EXP Realty - Haslett

    (517) 837-7473

    212 S 8th St, Lansing, MI 48912
  • /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

    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
  • /24

    $169,900

    • 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
  • /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
  • /22

    $149,000

    • 1 Bath
    • 1,342 Sq Ft

    1120 Alsdorf St, Lansing, MI 48910

    Excellent opportunity for investors or owner-occupants! This versatile 2-unit property features one vacant unit ready for immediate occupancy and another currently occupied, providing instant rental income. Each unit offers comfortable living space with great natural light and functional layouts. Ideal for those looking to live in one unit and rent the other or add a solid income-producing

    Tim Sabrosky RE/MAX Real Estate Professionals

    1120 Alsdorf St, Lansing, MI 48910
  • /23

    $175,000

    • 1,570 Sq Ft

    1225 N Capitol Ave, Lansing, MI 48906

    Nestled in the heart of downtown Lansing close to Old Town, this beautifully updated two-unit property presents an exceptional investment opportunity or perfect owner-occupant setup. The main-level unit features 1 bedroom, 1 full bath, a spacious living room, and an eat-in kitchen complete with stainless steel appliances. Enjoy the charm of the front sunroom — ideal for morning coffee or quiet

    Admin Admin Howard Hanna Real Estate Executives

    1225 N Capitol Ave, Lansing, MI 48906
  • /10

    $119,000

    • 2 Baths
    • 1,550 Sq Ft

    824 Seymour Ave, Lansing, MI 48906

    Duplex located near LCC and the State Capitol. Both units feature 2 bedrooms and 1 bathroom, fully functional kitchens, in-unit laundry, and efficient layouts. New roof installed March 2025. Rental license valid through February 1 2027. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    824 Seymour Ave, Lansing, MI 48906
  • /19

    $130,000

    • 2 Baths
    • 1,520 Sq Ft

    605 Seymour Ave, Lansing, MI 48933

    Duplex located near LCC and the State Capitol. Both units feature fully functional kitchens, in-unit laundry, and efficient layouts. Rental license valid through July 1, 2028. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    605 Seymour Ave, Lansing, MI 48933
  • /25

    $130,000

    • 2 Baths
    • 1,332 Sq Ft

    603 Seymour Ave, Lansing, MI 48933

    Duplex located near LCC and the State Capitol. Both units feature fully functional kitchens, in-unit laundry, and efficient layouts. Rental license valid through August 1, 2026. Excellent investment opportunity in a convenient location.

    Tyler Coleman-Dittrich Berkshire Hathaway HomeServices

    603 Seymour Ave, Lansing, MI 48933
  • /18

    $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. To

    Ruben Sauceda Great America Brokers LLC

    607 Shepard St Unit 2, Lansing, MI 48912
  • /46

    $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
  • /22

    $195,000

    • 2,440 Sq Ft

    312 N Butler Blvd, Lansing, MI 48915

    This is a great income-producing property with three units, each responsible for their own utilities. It boasts an excellent location, just two blocks from the Michigan State Complex and close to Lansing Community College. The property is also ideal for owner occupancy, featuring both a three-bedroom and a two-bedroom unit. It currently holds a valid license with the City of Lansing.

    Wanda Bloomquist Berkshire Hathaway HomeServices

    312 N Butler Blvd, Lansing, MI 48915
  • /26

    $115,000

    831 Vine St, Lansing, MI 48912

    Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cash flow! $1550/month rent. This newly vinyl sided 2 and 1 duplex is rented into 2026 so start making money the day you close. Located in a high-demand area near Sparrow Hospital, LCC, Cooley Law and the Michigan ave corridor, the demand for this location is not slowing

    Jacob Horman EXP Realty LLC

    831 Vine St, Lansing, MI 48912
  • /41

    $300,000

    • 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

    215 Winifred Ave Unit A & B, Lansing, MI 48917
  • /23

    $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

    $159,900

    • 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 (eg: roof, plumbing, etc. - see list) provide peace of mind.

    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
  • /30

    $119,900

    • 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 features

    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
  • /50

    $155,000

    • 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

    $264,900

    • 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

    $99,900

    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
    • 2,748 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
  • /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
  • /15

    $179,900

    • 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
  • /17

    $249,900

    • 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
  • /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

    $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
  • /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
  • /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

Showing Results 1 - 40, Page 1 of 2

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
$166,000
Median Single Family Sale Price
$165,000
Median Townhouse Sale Price
$167,000
Median 2 Bedroom Sale Price
$172,500
Median 1 Bedroom Sale Price
$110,000
Average Price Per Sq Ft
$125
Number of Homes for Sale
383
Last 12 months Home Sales
2,045
Months of Supply
2.20
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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