$280,000
SOLD JUL 11, 2025
-- Bed
-- Bath
2,268 Sq Ft
0.25 Acres

Recently Sold

$123 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Property is near golf course and public transit
  • Wood Flooring
  • Front Porch
  • Ranch Style House
  • Tennis Courts
  • Attached Garage

About This Home

As of July 2025

**MULTIPLE OFFERS** Highest and Best Deadline is Tuesday, July 1st by 9:00pm. Fantastic investment opportunity in the sought-after Groesbeck area of Lansing! This brick ranch-style duplex features 2 spacious units, both occupied with tenants who pay all utilities. Rents are currently below market, offering strong potential to increase income over time. The price reflects the need for a new roof, but once addressed, this property offers an easy path to reliable passive income. Both units have gleaming hardwood floors and full (separate) basements with their own laundry. Conveniently located near MSU, Frandor, Eastwood and the highway, this property is a smart choice for investors looking to add a solid asset to their portfolio.

Last Agent to Sell the Property

Kara Grossman

Five Star Real Estate - Lansing License #6506046389 Listed on: 06/28/2025

Five Star Real Estate - Lansing

Last Buyer's Agent

Sheri Gallimore

RE/MAX Real Estate Professionals License #6506042810

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100 x 110
  • Private Entrance
  • Few Trees

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,268 Sq Ft Home
  • Wood Flooring

Basement

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

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Rain Gutters
  • Front Porch

Location

  • Property is near golf course and public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $28,140

Community Details

Overview

  • 2 Units
  • Grand River Terrace Subdivision

Recreation

  • Tennis Courts
  • Park

Building Details

  • Manager Expense $2,814
  • New Taxes Expense $6,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,015

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Gross Rent: 28140.0
  • Tax Year: 2025
  • Unit Information License Register Exp: 2026-08-01
  • Levels: One
  • Year Built: 1963
  • Lot Size Acres: 0.25
  • Lot Size: 100 x 110
  • Professional Management Expense: 2814.0
  • Subdivision Name: Grand River Terrace
  • Above Grade Finished Sq Ft: 2268.0
  • Architectural Style: Ranch
  • Tax Info:Taxes2: 6015.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: DUPLEX
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Heating: Forced Air, Natural Gas, Separate Meters
  • Flooring: Hardwood
  • Property Type: Residential Income

Exterior Features

  • Disclosures: Lead Based Paint, Sellers Disclosures
  • ExteriorFeatures: Private Entrance, Rain Gutters
  • Lot Features: Few Trees, Near Golf Course, Near Public Transit
  • Patio And Porch Features: Front Porch
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Attached, Driveway, Garage
  • Attached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: Separate Meters, Central Air
  • LaundryFeatures: In Basement, See Remarks
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Street Lights, Tennis Court(s)

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 10890.0

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 6015.0
  • Tax Carrier Route: 4437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2025
Closed on
Jul 11, 2025
Sold by
Eggleston Debra and Eggleston William
Bought by
Snelson Alyssa
Seller's Agent
Kara Grossman
Five Star Real Estate - Lansing
Buyer's Agent
Sheri Gallimore
RE/MAX Real Estate Professionals
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
57
Current Estimated Value
$281,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,649
Avg. Annual Appreciation
1.07%

Purchase Details

Closed on
Jan 13, 2021
Sold by
Eggleston Debera and The Daisy E Hayes Living Trust
Bought by
Eggleston Debea and Eggleston William

Purchase Details

Closed on
Jul 24, 2000
Sold by
Hayes Daisy E
Bought by
Daisy E Hayes Living Trust
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 Transnation Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $280,000 +1.8% $123 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $275,000 -- $121 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

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 $6,016 $128,100 $31,000 $97,100
2024 $28 $124,400 $24,200 $100,200
2023 $5,771 $130,800 $26,200 $104,600
2022 $5,512 $114,200 $26,600 $87,600
2021 $5,490 $97,600 $21,800 $75,800
2020 $5,078 $91,300 $21,800 $69,500
2019 $4,958 $90,500 $16,400 $74,100
2018 $4,650 $78,600 $13,200 $65,400
2017 $4,553 $78,600 $13,200 $65,400
2016 -- $71,500 $12,600 $58,900
2015 -- $69,000 $25,105 $43,895
2014 -- $66,000 $24,268 $41,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 289203

Greater Lansing Association of Realtors®

APN: 21-01-11-332-004