1612 S Washington Ave Lansing, MI 48910
Moores Park Neighborhood
--
Bed
2
Baths
1,862
Sq Ft
$95
Price per Sq Ft
Highlights
- Forced Air Heating System
- Laundry Facilities
- 3-minute walk to Barb Dean Tot Lot
About This Home
TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4 UNITS INCLUDING 3- EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ENJOY THE CONVENIENCE OF ONSITE COIN-OPERATED LAUNDRY, PROVIDING ADDITIONAL INCOME STREAM FOR THE OWNER, AS WELL AS A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS & GUESTS. PRIME LOCATION ON CATA BUS LINE & CLOSE TO DOWNTOWN LANSING, REO TOWN, & OLD TOWN WITH EASY ACCESS TO GROCERY & DINING. INVESTOR ALERT! SELLER HAS A 2ND RENTAL OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1614 S WASHINGTON, WHICH IS ALSO A QUADPLEX CURRENTLY FOR SALE CREATING THE POTENTIAL TO OWN EIGHT SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. THIS IS AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO WITH A SOLID INCOME-PRODUCING PROPERTY.
Listing Agent
Five Star Real Estate - Lansing License #6501359884 Listed on: 03/14/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 40x148.5
Parking
- 4 Parking Spaces
Home Design
- Shingle Roof
- Wood Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 1,862 Sq Ft Home
- 2-Story Property
- Michigan Basement
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
- Park Place Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $1,600
- New Taxes Expense $5,670
- Net Operating Income $21,988
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2026 03/14/26 | For Sale | $177,500 | -- | $95 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
About the Listing Agent
How do you choose - who will help navigate you through the process of selling, or buying the single most financially valuable asset you might ever own? What combination of life experience & personal traits do you want in a Realtor?
I'm a seasoned, local 7-day-a-week, no pressure Realtor who personally buys & sells 75-80 homes a year. Having personally sold over $175 Mil in Real Estate, I've been able to navigate just about every real estate-related scenario one could imagine. You can't
John's Other Listings
Source: Greater Lansing Association of Realtors®
MLS Number: 294468
APN: 01-01-21-378-121
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Copyright © 2026 Greater Lansing Association of REALTORS®
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