Seller's Agent in 2025
Stacee Robison
Keller Williams Realty Lansing
(517) 803-5165
2 in this area
208 Total Sales
118 Lansing St Eaton Rapids, MI 48827
Eaton Rapids AreaEstimated Value: $122,000 - $160,993
4
Beds
2
Baths
1,663
Sq Ft
$83/Sq Ft
Est. Value
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
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 29, 2025
Sold by
Bought by
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,748
Avg. Annual Appreciation
14.96%
Purchase Details
Listed on
Sep 14, 2017
Closed on
Nov 10, 2017
Sold by
Bought by
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
0.0425%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $124,750 | Transnation Title | ||
| $85,000 | Liberty Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $83,460 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,078 | $74,600 | $0 | $0 |
| 2025 | $1,951 | $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
44 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
125 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 291131
APN: 300-062-603-080-00
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