217 N Butler Blvd Lansing, MI 48915
Downtown Lansing NeighborhoodEstimated payment $1,180/month
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Facilities
- Wood Siding
- Forced Air Heating System
About This Home
Discover this excellent income-generating property featuring three separate units with separated utilities—ideal for investors or owner-occupants looking to offset their mortgage.
The main front building includes two well-maintained units, each with comfortable living spaces and great rental appeal. In the back, you'll find a standalone unconnected building that offers a third private unit, perfect for maximizing rental income.
Previously bringing in $2,655 per month, this property has solid cash flow potential with room to grow.
Located in a prime location near LCC, downtown Lansing, local parks and amenities make this multi-unit a smart addition to any portfolio. Don't miss out on this opportunity to secure steady rental income—schedule your private tour today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 33x156.75
Home Design
- Wood Siding
Interior Spaces
- 1,436 Sq Ft Home
- Multi-Level Property
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 2 Parking Spaces
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Community Details
Overview
- 3 Units
- Claypool Subdivision
Amenities
- Laundry Facilities
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 | $4,380 | $80,000 | $4,200 | $75,800 |
| 2024 | $35 | $71,600 | $4,200 | $67,400 |
| 2023 | $4,129 | $64,200 | $4,200 | $60,000 |
| 2022 | $3,782 | $52,500 | $4,800 | $47,700 |
| 2021 | $3,696 | $46,800 | $6,100 | $40,700 |
| 2020 | $3,668 | $42,900 | $6,100 | $36,800 |
| 2019 | $2,780 | $42,600 | $6,100 | $36,500 |
| 2018 | $3,191 | $38,300 | $6,100 | $32,200 |
| 2017 | $3,067 | $38,300 | $6,100 | $32,200 |
| 2016 | $2,239 | $37,700 | $6,100 | $31,600 |
| 2015 | $2,239 | $28,000 | $12,221 | $15,779 |
| 2014 | $2,239 | $28,500 | $13,750 | $14,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Price Changed | $155,000 | -6.1% | $108 / Sq Ft |
| 08/23/2025 08/23/25 | For Sale | $165,000 | 0.0% | $115 / Sq Ft |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $165,000 | 0.0% | $115 / Sq Ft |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $165,000 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $51,000 | Next Door Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Land Contract | -- | None Available | |
| Warranty Deed | $28,000 | Devon Title Co | |
| Deed | $10,500 | Servicelink | |
| Sheriffs Deed | $41,740 | None Available | |
| Quit Claim Deed | -- | E Title Agency | |
| Sheriffs Deed | $58,500 | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $87,750 | Commercial | |
| Previous Owner | $50,400 | Purchase Money Mortgage | |
| Closed | $0 | Seller Take Back |
Source: Greater Lansing Association of Realtors®
MLS Number: 289653
APN: 01-01-17-278-181
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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 © 2025 Greater Lansing Association of REALTORS®
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