$162,250
SOLD AUG 21, 2026

1612 S Washington Ave Lansing, MI 48910

Moores Park Neighborhood
4 Beds
2 Baths
1,862 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: August 21, 2026

$87 Per Sq Ft

9% Below List Price

73 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 3-minute walk to Barb Dean Tot Lot

About This Home

As of August 2026

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.

Last Agent to Sell the Property

John Hagerty, Jr.

Five Star Real Estate - Lansing License #6501359884 Listed on: 03/14/2026

Five Star Real Estate - Lansing

Last Buyer's Agent

Ann Ellis

Keller Williams GR North License #6501377328

Keller Williams GR North

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x148.5

Home Design

  • Shingle Roof
  • Wood Roof
  • Vinyl Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property
  • Michigan Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $35,058

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1862.0
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDMyMiIsIkxpc3RpbmdJRCI6IjI5NDQ2OCIsIlN0YW5kYXJkU3RhdHVzIjoiQ2xvc2VkIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wOC0yMlQxMjowNjo1OC4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8zNzQ3MiIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.EMhfVLV4UfhXgcYY4ny3kUypJtlLKeqQRfalfFL7NKY/badge
  • Special Features: None

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • Total Bedrooms: 4
  • Levels: Two

Exterior Features

  • Roof: Shingle, Wood
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Lot Features: City Lot
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 4.0
  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: Common Area, Other
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size: 40x148.5
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1600.0
  • Property Net Operating Income: 21988.0
  • Annual Operating Expense: 5800.0

Tax Info

  • New Taxes Expense: 5670.0
  • Tax Carrier Route: 1544
  • Tax Info:State Eq Value: 73900.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Moores Park, MI

  • Frank McGillis Real Estate Agent - RE/MAX Real Estate Professionals

    Frank McGillis

    RE/MAX Real Estate Professionals

    (517) 777-8785

    274 Total Sales

    1 in Moores Park

    $135,000 Price

    Frank McGillis
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  • Sherree Zea Real Estate Agent - Coldwell Banker Professionals-Delta

    Sherree Zea

    Coldwell Banker Professionals-Delta

    (517) 777-9148

    175 Total Sales

    2 in Moores Park

    $100K - $149K Price Range

    Sherree Zea
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  • Ben Magsig Real Estate Agent - EXP Realty - Haslett

    Ben Magsig

    EXP Realty - Haslett

    (517) 816-9759

    204 Total Sales

    1 in Moores Park

    $180,000 Price

    Ben Magsig
     Section Image
  • Brian Kasper Real Estate Agent - Century 21 Affiliated

    Brian Kasper

    Century 21 Affiliated

    (517) 816-9249

    349 Total Sales

    4 in Moores Park

    $72K - $149K Price Range

    Brian Kasper
     Section Image
  • Jenny Chaney Real Estate Agent - Century 21 Affiliated

    Jenny Chaney

    Century 21 Affiliated

    (517) 319-1592

    133 Total Sales

    1 in Moores Park

    $102,900 Price

    Jenny Chaney
     Section Image
  • David Hall Real Estate Agent - Achieve Real Estate LLC

    David Hall

    Achieve Real Estate LLC

    (517) 481-4093

    125 Total Sales

    4 in Moores Park

    $47K - $160K Price Range

    David Hall
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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
08/21/2026 08/21/26 Sold $162,250 -8.6% $87 / Sq Ft
03/14/2026 03/14/26 For Sale $177,500 -- $95 / Sq Ft
Source: Greater Lansing Association of Realtors®

Agents Affiliated with this Home

  • John Hagerty, Jr. Real Estate Agent - Five Star Real Estate - Lansing

    Seller's Agent in 2026

    John Hagerty, Jr.

    Five Star Real Estate - Lansing

    (517) 803-5868

    4 in this area

    265 Total Sales

    John Hagerty, Jr.
    Section Image
  • Ann Ellis Real Estate Agent - Keller Williams GR North

    Buyer's Agent in 2026

    Ann Ellis

    Keller Williams GR North

    (616) 447-9100

    2 in this area

    65 Total Sales

    Ann Ellis
    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 294468

Greater Lansing Association of Realtors®

APN: 01-01-21-378-121

Michigan Ingham County Lansing 48910 Moores Park

1612 S Washington Ave, Lansing, MI

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.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
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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