1856 Coolidge Rd East Lansing, MI 48823
Estimated payment $3,134/month
Highlights
- Property is near public transit
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- Green Elementary School Rated A-
- 6 Car Attached Garage
- Level Lot
About This Home
Don't miss this incredible investment opportunity that is licensed for 6 (Level 4 rental license)! This updated duplex is ideally located just minutes from shopping, dining, and everyday conveniences. One side features a reliable long-term renter, providing immediate income. This unit currently has a new A/C and furnace but may be updated to meet your vision on the interior, while the other side is move-in ready with modern updates throughout. Here, you will enjoy a spacious layout that includes a large walk-in shower, brand-new flooring, a new A/C system, and a new furnace for comfort and efficiency. The private, generously sized backyard with a deck is perfect for entertaining or relaxing outdoors. Whether you're looking to grow your rental portfolio or live on one side and rent the other, this duplex offers both versatility and value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,185
Year Built
- Built in 1972
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 83x160
- Level Lot
- Back Yard Fenced
Parking
- 6 Car Attached Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
- Stucco
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Additional Features
- Covered Patio or Porch
- Property is near public transit
Community Details
Overview
- 2 Units
- Farwood Subdivision
Building Details
- Other Expense $189
- New Taxes Expense $8,185
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 | $8,186 | $119,300 | $37,900 | $81,400 |
| 2024 | $7,057 | $116,600 | $35,500 | $81,100 |
| 2023 | $7,057 | $105,000 | $34,000 | $71,000 |
| 2022 | $6,752 | $91,600 | $30,400 | $61,200 |
| 2021 | $6,658 | $89,300 | $26,200 | $63,100 |
| 2020 | $6,672 | $89,300 | $26,700 | $62,600 |
| 2019 | $6,727 | $91,600 | $26,900 | $64,700 |
| 2018 | $6,499 | $91,600 | $23,600 | $68,000 |
| 2017 | $6,504 | $91,600 | $24,500 | $67,100 |
| 2016 | -- | $95,300 | $23,600 | $71,700 |
| 2015 | -- | $90,700 | $44,980 | $45,720 |
| 2014 | -- | $86,400 | $44,098 | $42,302 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $450,000 | +89.5% | $180 / Sq Ft |
| 11/08/2019 11/08/19 | Sold | $237,500 | -3.1% | $97 / Sq Ft |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- |
| 09/09/2019 09/09/19 | For Sale | $245,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $237,500 | Tri County Title Agency Llc | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $178,125 | New Conventional | |
| Previous Owner | $348,000 | Commercial | |
| Previous Owner | $86,830 | Unknown |
Source: Greater Lansing Association of Realtors®
MLS Number: 289810
APN: 20-01-12-100-022
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