147 Isbell St Lansing, MI 48910
Fabulous Acres NeighborhoodEstimated payment $558/month
Highlights
- Very Popular Property
- Front Porch
- Wood Siding
- Corner Lot
- Forced Air Heating System
- 1-minute walk to Barb Dean Tot Lot
About This Home
Great investment opportunity in Lansing! This well-maintained duplex offers excellent income potential, bringing in up to $1,500 per month when fully rented. The upper unit is currently occupied at $750 per month, with tenants paying all utilities. The lower unit is vacant and recently remodeled, featuring new countertops, flooring, and fresh paint, perfect for an owner-occupant or new tenant. Turnkey and ready to go, this property is a solid cash-flowing asset. The seller is also offering another nearby duplex as a package deal for $185,000 total, a great opportunity to expand your investment portfolio!
Listing Agent
Keller Williams Realty Lansing License #6501422310 Listed on: 10/30/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 75x150
- Corner Lot
- Back and Front Yard
Home Design
- Duplex
- Shingle Roof
- Wood Siding
Interior Spaces
- 1 Bathroom
- 1,500 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 2 Parking Spaces
- Driveway
- On-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Water Heater
Additional Features
- Front Porch
- City Lot
Community Details
- 2 Units
- Orchard Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,822 | $43,300 | $2,300 | $41,000 |
| 2024 | $22 | $34,900 | $2,300 | $32,600 |
| 2023 | $2,661 | $30,300 | $2,300 | $28,000 |
| 2022 | $2,784 | $27,100 | $1,700 | $25,400 |
| 2021 | $1,713 | $24,000 | $1,700 | $22,300 |
| 2020 | $2,950 | $22,100 | $1,700 | $20,400 |
| 2019 | $3,321 | $20,100 | $1,700 | $18,400 |
| 2018 | $2,028 | $18,600 | $1,700 | $16,900 |
| 2017 | $1,495 | $18,600 | $1,700 | $16,900 |
| 2016 | $3,545 | $18,200 | $1,700 | $16,500 |
| 2015 | $3,545 | $17,600 | $3,346 | $14,254 |
| 2014 | $3,545 | $18,000 | $2,316 | $15,684 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $89,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $91,900 | -- | |
| Warranty Deed | $27,000 | -- | |
| Warranty Deed | $27,000 | -- | |
| Warranty Deed | $27,000 | -- | |
| Warranty Deed | $48,000 | -- | |
| Warranty Deed | $79,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $410,000 | New Conventional |
About the Listing Agent
I am Listing Specialist on The SELLING Team with over 10 years in the real estate industry. My start in the real estate world is a unique one. Prior to obtaining my license, I worked as an Administrative Assistant on The SELLING Team where I specialized in Listing Management and Marketing. I enjoyed creating great relationships and helping clients so much so that I decided to take the leap and become an Agent herself. I have an extensive understanding of the real estate industry from both an
Morgan's Other Listings
Source: Greater Lansing Association of Realtors®
MLS Number: 292302
APN: 01-01-21-453-070
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