$429,900

1954 E State Rd Lansing, MI 48906

Estimated payment $2,831/month

Total Views 10,185
-- Bed
-- Bath
1,008 Sq Ft
$426 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Property is near public transit
  • Wood Flooring
  • Cape Cod Architecture
  • Wooded Lot
  • Front Porch

About This Home

Rare Multi-Family Investment Opportunity - Two Homes on One Parcel! Discover this unique multi-family property featuring **two separate rental homes** on one parcel—an ideal investment opportunity or perfect for multi-generational living! Both homes are well-maintained, fully rented, and offer strong income potential in a desirable location. *Property Highlights: Two detached homes on a single lot—maximize rental income or live in one and rent the other! Strong rental history with consistent occupancy. Separate utilities for each home, making tenant management easy. Spacious lot. Conveniently located near shopping, dining, schools, and public transportation. Whether you're a seasoned investor or looking for a property with income potential, this rare find won't last long.

Last Listed By

Angela Averill

Century 21 Affiliated License #6501312624 Listed on: 02/04/2025

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940 | Newly Remodeled

Lot Details

  • 1.61 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Many Trees
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Raised Ranch Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Fire and Smoke Detector
  • Property Views

Flooring

  • Wood
  • Carpet
  • Laminate

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Rain Gutters
  • Front Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Misc Business Info Construction Type: Varies by Unit
  • Misc Business Info Parking Surface: Paved
  • Misc Business Info Roof Type: Shingle
  • Tax Year: 2024
  • Registered Licenses for Unrelated Occupants: 1
  • Misc Business Info Overall Building Siz: Veries by Unit
  • Levels: One and One Half
  • Year Built: 1940
  • Lot Size Acres: 1.61
  • Lot Size: Irregular
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Cape Cod, Raised Ranch
  • New Construction: Yes
  • General Property Info:Lot Size Dimensions: Irregular
  • General Property Info:Above Grade Finished Area: 1008.0
  • Laundry Features:Main Level: Yes
  • General Property Info:Spa2: No
  • General Property Info:Waterfront: No
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Block4: Yes
  • Foundation Details:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Raised Ranch: Yes
  • Property Conditions:New Construction5: Yes
  • Laundry Features:Laundry Room: Yes
  • General Property Info:Pool Private2: No
  • Flooring:Hardwood: Yes
  • Road Frontage Type:County Road: Yes
  • Tax Info:Taxes2: 13848.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: 1954- Built in 1940
  • General Property Info:_pound_ of Units: 2
  • Misc Business Info Zoning5: Residential
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full
  • Heating: Forced Air, Natural Gas
  • Flooring: Carpet, Combination, Hardwood, Laminate
  • Property Type: Resid/Multi-Family
  • Private Spa: No
  • Full Basement: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Roof: Shingle
  • ExteriorFeatures: Rain Gutters
  • Fencing: None
  • Foundation Details: Block, Slab
  • Lot Features: Back Yard, Level, Many Trees, Near Public Transit, Open Lot, Views, Wooded
  • RoadFrontageType: County Road
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: New Construction
  • Lot Features:Back Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Patio Porch Features:Front Porch: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Wooded2: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Open Lot: Yes
  • Patio Porch Features:Rear Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features: Attached, Driveway, Floor Drain, Garage Door Opener, Garage Faces Front
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Floor Drain: Yes
  • Parking Features:Driveway: Yes
  • Misc Business Info:_pound_ Parking: 6
  • General Property Info:Parking Total: 6
  • Parking Features:Garage Spaces2: 2

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • LaundryFeatures: In Basement, Laundry Room, Main Level
  • SecurityFeatures: Smoke Detector(s)
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Haslett

Lot Info

  • Lot Size Sq Ft: 70131.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 For Sale $429,900 -- $426 / Sq Ft
Source: Greater Lansing Association of Realtors®

Source: Greater Lansing Association of Realtors®

MLS Number: 286071

Greater Lansing Association of Realtors®