$177,500
UNDER CONTRACT

1612 S Washington Ave Lansing, MI 48910

Moores Park Neighborhood

Estimated payment $1,145/month

Total Views 60,173
-- 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

John Hagerty, Jr.

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

Five Star Real Estate - Lansing

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

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

Parking

  • 4 Parking Spaces
  • Parking Lot

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

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.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDMyMiIsIkxpc3RpbmdJRCI6IjI5NDQ2OCIsIlN0YW5kYXJkU3RhdHVzIjoiQWN0aXZlIFVuZGVyIENvbnRyYWN0IiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNS0yN1QwMTozMjoxNy4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8zNzQ3MiIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.y9FH8QWbskpqJGe9VwoJENkYyqEdpDin3yBDXbKGH6k/badge
  • Special Features: UnderContract

Interior Features

  • Basement: Michigan
  • Heating: Forced Air, Natural Gas
  • 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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
03/14/2026 03/14/26 For Sale $177,500 -- $95 / Sq Ft
Source: Greater Lansing Association of Realtors®

About the Listing Agent

John Hagerty, Jr.
John Hagerty, Jr.

Five Star Real Estate - Lansing

(517) 698-8507

Section Image

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

View John's Profile

John's Other Listings

  • 1614 S Washington Ave, Lansing, MI 48910

    $170,500 Under Contract

    • 3 Baths
    • 1,545 Sq Ft
    • 1614 S Washington Ave
    • Lansing, MI

    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. THE LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 514 N Walnut St, Lansing, MI 48933

    $149,900 $9K PRICE DROP

    • 2 Baths
    • 1,826 Sq Ft
    • 514 N Walnut St
    • Lansing, MI

    WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 1712 Osborn Rd, Lansing, MI 48915

    $289,900 $9K PRICE DROP

    • 4 Beds
    • 1.5 Baths
    • 3,172 Sq Ft
    • 1712 Osborn Rd
    • Lansing, MI

    WELCOME TO 1712 OSBORN RD IN LANSING. THIS CHARMING & BEAUTIFULLY UPDATED 4-BED, 1.5-BATH HOME FEATURES OVER 3,100 SQUARE FEET OF COMFORTABLE LIVING SPACE. FILLED WITH CHARACTER & THOUGHTFUL UPDATES, THIS ECO-FRIENDLY SMART HOME BLENDS CLASSIC CHARM & MODERN CONVENIENCE. A WELCOMING FOYER & COZY FIREPLACE GREET YOU AS YOU STEP THROUGH THE FRONT DOOR, YOU'LL FEEL RIGHT AT HOME. THE FORMAL DINING

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 1422 Pierce Rd, Lansing, MI 48910

    $149,900 $15K PRICE DROP

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft
    • 1422 Pierce Rd
    • Lansing, MI

    WELCOME HOME TO 1422 PIERCE RD, A CHARMING 3-BED 1-FULL-BATH RANCH LOCATED IN THE HEART OF LANSING. TASTEFULLY UPDATED & MOVE-IN READY, THIS HOME FEATURES NEWER CARPETING & FLOORING THROUGHOUT, CREATING A FRESH & INVITING FEEL FROM THE MOMENT YOU STEP INSIDE. AN UPDATED KITCHEN OFFERS WHITE CABINETRY, NEWER COUNTERTOPS, & A CONVENIENT IN-KITCHEN DINING AREA THAT PROVIDES A CRISP, CLEAN LOOK

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 4908 Stafford Ave, Lansing, MI 48910

    $218,000

    • 3 Beds
    • 1 Bath
    • 1,503 Sq Ft
    • 4908 Stafford Ave
    • Lansing, MI

    WELCOME HOME TO THIS CHARMING, 3-BEDROOM, 1-FULL-BATH RESIDENCE THAT OFFERS WONDERFUL CURB APPEAL FROM THE MOMENT YOU ARRIVE. ENJOY YOUR MORNING COFFEE OR TAKE IN A BEAUTIFUL SUNRISE FROM THE SPACIOUS FRONT DECK. INSIDE, YOU WILL FIND OVER 1,500 SQUARE FEET OF TOTAL FINISHED LIVING SPACE FEATURING LUXURY VINYL PLANK FLOORING, ATTRACTIVE FINISHED CEILINGS, AND A THOUGHTFULLY DESIGNED FLOOR PLAN

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 1004 Old Erin Way, Lansing, MI 48917

    $265,000 Open Sun 1PM - 3PM

    • 3 Beds
    • 1.5 Baths
    • 1,582 Sq Ft
    • 1004 Old Erin Way
    • Lansing, MI

    WONDERFUL RANCH IN WAVERLY SCHOOLS! WELCOME TO 1004 OLD ERIN WAY. YOU WILL LOVE THIS CHARMING 3 BED, 1.5 BATH RANCH HOME. ATTRACTIVE CURB APPEAL, A COMFORTABLE INTERIOR LAYOUT, AND INVITING INDOOR & OUTDOOR LIVING SPACES COMBINE TO CREATE A WELCOMING, WELL-MAINTAINED HOME. THE MAIN LEVEL FEATURES A SPACIOUS LIVING ROOM WITH A COZY GAS FIREPLACE, 3 BEDROOMS, AN UPDATED FULL BATH & A CONVINIENT

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 13600 Forest Hill Rd, Grand Ledge, MI 48837

    $1,400,000 $100K PRICE DROP

    • 6 Beds
    • 4.5 Baths
    • 6,385 Sq Ft
    • 13600 Forest Hill Rd
    • Grand Ledge, MI

    WOW! THIS EXCEPTIONAL AND RARE COUNTRY ESTATE IS A TRUE GEM—A PROPERTY THAT ONLY COMES AROUND ONCE IN A GREAT WHILE. SITUATED ON 10.5 ACRES OF SECLUDED, LUSH LANDSCAPE, THIS ALL-BRICK EXECUTIVE HOME BOASTS 6 BEDROOMS, 4.5 BATHS, AND IS LOCATED WITHIN THE HIGHLY-RATED GRAND LEDGE SCHOOL DISTRICT WHILE ENJOYING LOW WATERTOWN TOWNSHIP TAXES. OFFERING NEARLY 6,400 SQUARE FEET OF FINISHED LIVING

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 925 Brookside Dr Unit 121, Grand Ledge, MI 48837

    $190,000

    • 2 Beds
    • 1.5 Baths
    • 1,017 Sq Ft
    • 925 Brookside Dr
    • Unit 121
    • Grand Ledge, MI

    MUST SEE, WELL MAINTAINED, 2 BED 1.5 BATH CONDO IN BEAUTIFUL GRAND LEDGE. YOU WILL LOVE THIS COMFORTABLE & INVITING PLACE TO CALL HOME. RECENT UPDATES INCLUDE NEWER LVP FLOORING, NEWER CARPET, & FRESH PAINT. AS YOU ENTER THE CONDO YOU'LL NOTICE THE SPACIOUS KITCHEN FEATURES OAK CABINETRY, ATTRACTIVE COUNTERTOPS, GENEROUS COUNTER AND CABINET SPACE, AND ROOM FOR IN-KITCHEN DINING. ALL APPLIANCES,

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image
  • 5165 Islanders Way, Butman Township, MI 48624

    $149,900 $35K PRICE DROP

    • Land
    • 1 Acre
    • $149,900 per Acre
    • 5165 Islanders Way
    • Butman Township, MI

    WOW! STUNNER ALERT! DISCOVER THE CAPTIVATING BEAUTY OF LAKE LANCELOT, LOCATED IN THE HEART OF SUGAR SPRINGS MI, WHERE NATURE'S UNBELIEVABLE BEAUTY MEETS LIMITLESS OPPORTUNITY. WELCOME TO 5165 ISLANDERS WAY IN GLADWIN, MI. THIS REMARKABLE DOUBLE LOT OFFERS BREATHTAKING, PANORAMIC VIEWS THAT TRULY MUST BE SEEN TO BE APPRECIATED. THIS PROPERTY IS THOUGHTFULLY PREPARED WITH A PRIVATE WELL, PUBLIC

    John Hagerty, Jr. Five Star Real Estate - Lansing

    Section Image

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®

Nearby Homes
John Hagerty, Jr.
John Hagerty, Jr.
Listing Agent Section Image
Five Star Real Estate - Lansing
(517) 698-8507
Your Personal Tour Guide

Ask me questions while you tour the home.