1601 Bailey St Lansing, MI 48910
Fabulous Acres NeighborhoodEstimated payment $1,116/month
Highlights
- Front Porch
- Forced Air Heating System
- Private Entrance
About This Home
Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $700, and the lower unit currently occupied at $1,024. The property also includes a coin-operated laundry facility, providing a great opportunity for additional income. With a strong rental history and desirable location, this property is ideal for investors looking to maximize their return. Don't miss this exceptional opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 42.85x114
- Private Entrance
Parking
- 2 Car Garage
- Front Facing Garage
- Driveway
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 1,156 Sq Ft Home
- 2-Story Property
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,794 | $54,300 | $3,300 | $51,000 |
| 2024 | $2,788 | $35,900 | $3,300 | $32,600 |
| 2023 | $2,788 | $31,900 | $3,300 | $28,600 |
| 2022 | $1,985 | $29,700 | $2,800 | $26,900 |
| 2021 | $1,940 | $26,600 | $2,700 | $23,900 |
| 2020 | $1,925 | $24,400 | $2,700 | $21,700 |
| 2019 | $1,852 | $22,200 | $2,700 | $19,500 |
| 2018 | $1,763 | $21,200 | $2,700 | $18,500 |
| 2017 | $1,694 | $21,200 | $2,700 | $18,500 |
| 2016 | $1,657 | $20,800 | $2,700 | $18,100 |
| 2015 | $1,657 | $20,300 | $5,320 | $14,980 |
| 2014 | $1,657 | $20,400 | $4,092 | $16,308 |
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 |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $148,000 | -2.6% | $128 / Sq Ft | |
| 05/02/2026 05/02/26 | Price Changed | $152,000 | -1.9% | $131 / Sq Ft | |
| 03/26/2026 03/26/26 | Price Changed | $155,000 | -3.1% | $134 / Sq Ft | |
| 03/11/2026 03/11/26 | Price Changed | $160,000 | -3.0% | $138 / Sq Ft | |
| 02/28/2026 02/28/26 | For Sale | $165,000 | +6.5% | $143 / Sq Ft | |
| 11/12/2024 11/12/24 | Sold | $155,000 | -6.0% | -- | View Prior Sale |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- | |
| 09/09/2024 09/09/24 | For Sale | $164,900 | +49.9% | -- | |
| 03/04/2022 03/04/22 | Sold | $110,000 | 0.0% | $95 / Sq Ft | View Prior Sale |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- | |
| 02/09/2022 02/09/22 | For Sale | $110,000 | -- | $95 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $155,000 | Elevate Title | |
| Warranty Deed | $155,000 | None Listed On Document | |
| Warranty Deed | $110,000 | Diversified National Title | |
| Warranty Deed | $24,500 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $116,250 | New Conventional | |
| Closed | $122,625 | New Conventional | |
| Closed | $82,500 | New Conventional | |
| Closed | $125,000 | Unknown | |
| Closed | $58,500 | Unknown | |
| Closed | $49,500 | Unknown | |
| Closed | $44,100 | Unknown |
Source: Greater Lansing Association of Realtors®
MLS Number: 294168
APN: 01-01-22-351-091
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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 © 2026 Greater Lansing Association of REALTORS®
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Ask me questions while you tour the home.