$159,900
$15K PRICE DROP

1010 W Barnes Ave Lansing, MI 48910

Moores Park Neighborhood

Estimated payment $1,195/month

Total Views 4,338
-- Bed
-- Bath
1,422 Sq Ft
$112 Price per Sq Ft

About This Home

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. Conveniently located near shopping, dining, and commuter routes, this triplex is a rare chance to secure dependable cash flow with long-term appreciation potential.

Listing Agent

Elizabeth (Betsy Acker

EXIT Realty Home Partners License #6501444178 Listed on: 09/11/2025

EXIT Realty Home Partners

Co-Listing Agent

HPR Team

EXIT Realty Home Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 44x100

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,422 Sq Ft Home
  • 3-Story Property
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • 3 Units
  • Kenwood Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Gross Rent: 17040.0
  • Tax Year: 2024
  • Levels: Three Or More
  • Year Built: 1923
  • Lot Size Acres: 0.1
  • Lot Size: 44x100
  • Co List Office Mls Id: 1073
  • Co List Office Phone: 517-803-2345
  • Subdivision Name: Kenwood
  • Above Grade Finished Sq Ft: 1422.0
  • General Property Info:Lot Size Dimensions: 44x100
  • General Property Info:Above Grade Finished Area: 1422.0
  • Exterior:Aluminum Siding: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Washer Hookup: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None8: Yes
  • Laundry Features:Gas Dryer Hookup: Yes
  • Levels:Three or More: Yes
  • Tax Info:Taxes2: 4207.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: 3-Unit Rental
  • General Property Info:_pound_ of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features: Driveway, Garage, Parking Pad
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Info:Parking Total: 3
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Gas Dryer Hookup, In Basement, Washer Hookup
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Carrier Route: 1376

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,207 $80,800 $7,600 $73,200
2024 $33 $73,800 $7,600 $66,200
2023 $3,962 $66,500 $7,600 $58,900
2022 $3,618 $62,400 $7,800 $54,600
2021 $3,538 $58,500 $7,400 $51,100
2020 $3,512 $55,200 $7,400 $47,800
2019 $3,376 $52,000 $7,400 $44,600
2018 $3,200 $48,700 $7,400 $41,300
2017 $3,072 $48,700 $7,400 $41,300
2016 $2,946 $43,900 $7,400 $36,500
2015 $2,946 $42,100 $14,862 $27,238
2014 $2,946 $40,400 $17,673 $22,727
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Price Changed $159,900 -8.6% $112 / Sq Ft
09/11/2025 09/11/25 For Sale $174,900 -- $123 / Sq Ft
Source: Greater Lansing Association of Realtors®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $124,500 Transnation Title
Warranty Deed $106,900 --
Warranty Deed $54,000 --
Warranty Deed $60,000 --
Quit Claim Deed -- Philip F Gneco Title Company
Assignment Deed -- Philip F Gneco Title Company
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,608 VA
Previous Owner $96,200 Purchase Money Mortgage
Source: Public Records

Source: Greater Lansing Association of Realtors®

MLS Number: 291171

Greater Lansing Association of Realtors®

APN: 01-01-20-477-031

Michigan Ingham County Lansing 48910 Moores Park

1010 W Barnes Ave, Lansing, MI

For Sale

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Nearby Homes
Listing Agent
Elizabeth (Betsy Acker
Section Image
EXIT Realty Home Partners
(517) 715-4323