Seller's Agent in 2025
Stacee Robison
Keller Williams Realty Lansing
(517) 803-5165
28 in this area
214 Total Sales
118 Lansing St Eaton Rapids, MI 48827
--
Bed
--
Bath
1,663
Sq Ft
7,623
Sq Ft Lot
Highlights
- Traditional Architecture
- Laundry Room
- Rectangular Lot
- Enclosed Glass Porch
- Forced Air Heating System
- Carpet
About This Home
As of October 2025Welcome to 118 Lansing Street, a rare duplex investment offering excellent cash flow and smart updates. Each unit provides 2 bedrooms, 1 bath, and laundry hookups, with separate meters in place. Tenants cover all utilities, lawn care, and snow removal, keeping owner expenses low. The main level unit has updated flooring, is currently vacant. The upper unit is also vacant. Rents were $950 for the upstairs unit and $985 for the downstairs unit. With a new roof already in place, major expenses are taken care of. Whether you're an investor looking for a 10%+ cap rate or a buyer planning to live in one unit while renting the other, 118 Lansing Street is a property you won't want to miss.
Last Agent to Sell the Property
Keller Williams Realty Lansing License #6501387487 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,050
Year Built
- Built in 1880
Lot Details
- 7,623 Sq Ft Lot
- Lot Dimensions are 66x155
- Chain Link Fence
- Rectangular Lot
- Few Trees
- Back Yard Fenced and Front Yard
Home Design
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,663 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry Room
Flooring
- Carpet
- Vinyl
Parking
- 6 Parking Spaces
- Driveway
Outdoor Features
- Enclosed Glass Porch
- Rain Gutters
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Private Sewer
Listing and Financial Details
- Total Actual Rent $11,820
Community Details
Overview
- 2 Units
- Leisenring Subdivision
Building Details
- Insurance Expense $1,250
- Maintenance Expense $750
- New Taxes Expense $1,525
- Net Operating Income $8,295
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 29, 2025
Sold by
Wehr Matthew and Wehr Timara
Bought by
Kand Done Properties Llc
Seller's Agent
Stacee Robison
Keller Williams Realty Lansing
Buyer's Agent
Robert South
RE/MAX Real Estate Professionals
List Price
$150,000
Sold Price
$124,750
Premium/Discount to List
-$25,250
-16.83%
Views
1442
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
441.71%
Purchase Details
Listed on
Sep 14, 2017
Closed on
Nov 10, 2017
Sold by
Stapleton Robert J and Stapleton Georgia M
Bought by
Wehr Matthew and Wehr Timara
Seller's Agent
Rachel Jones
Keller Williams Realty Lansing
Buyer's Agent
David Hall
Achieve Real Estate LLC
List Price
$78,000
Sold Price
$85,000
Premium/Discount to List
$7,000
8.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$83,460
Interest Rate
4.25%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $124,750 | Transnation Title | |
| Warranty Deed | $85,000 | Liberty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $83,460 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $124,750 | -16.8% | $75 / Sq Ft | |
| 10/24/2025 10/24/25 | Pending | -- | -- | -- | |
| 09/10/2025 09/10/25 | For Sale | $150,000 | +76.5% | $90 / Sq Ft | |
| 11/10/2017 11/10/17 | Sold | $85,000 | +9.0% | $53 / Sq Ft | View Prior Sale |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- | |
| 09/14/2017 09/14/17 | For Sale | $78,000 | -- | $49 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
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 | $3,050 | $72,300 | $0 | $0 |
| 2024 | $1,956 | $67,700 | $0 | $0 |
| 2023 | $1,496 | $60,300 | $0 | $0 |
| 2022 | $2,034 | $53,300 | $0 | $0 |
| 2021 | $1,962 | $48,700 | $0 | $0 |
| 2020 | $1,943 | $47,700 | $0 | $0 |
| 2019 | $3,201 | $44,008 | $0 | $0 |
| 2018 | $2,103 | $49,036 | $0 | $0 |
| 2017 | $2,622 | $47,150 | $0 | $0 |
| 2016 | -- | $44,700 | $0 | $0 |
| 2015 | -- | $43,400 | $0 | $0 |
| 2014 | -- | $42,550 | $0 | $0 |
| 2013 | -- | $42,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stacee Robison
-
Robert South
Buyer's Agent in 2025
Robert South
RE/MAX Michigan
(517) 331-1638
9 in this area
47 Total Sales
-
R
Seller's Agent in 2017
Rachel Jones
Keller Williams Realty Lansing
-
David Hall
Buyer's Agent in 2017
David Hall
Achieve Real Estate LLC
(517) 712-8329
3 in this area
122 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 291131
APN: 300-062-603-080-00
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personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lansing Association of REALTORS®
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