2515 S Martin Luther King Junior Blvd Lansing, MI 48910
Greencroft Park NeighborhoodEstimated payment $1,265/month
Highlights
- Property is near public transit
- 2 Car Detached Garage
- Forced Air Heating System
- Wood Flooring
- Front Porch
- Rectangular Lot
About This Home
2-Unit Investment Property - With Rental License! Fantastic opportunity to own a well-maintained 2-unit rental property with strong income potential! Unit 1 offers 2 spacious bedrooms, 1.5 baths, main floor laundry, a large living room with hardwood floors, an eat-in kitchen, and a primary bedroom featuring double closets. The full basement includes a finished rec room, providing extra living space or storage. Unit 2 features 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable living room. Outside, enjoy a fenced backyard and a 2-car detached garage. Conveniently located near the highway, downtown, shopping, and dining. The rental license has just been renewed, making this an ideal turnkey investment. Don't miss out on this great find, schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,768
Year Built
- Built in 1950
Lot Details
- 5,314 Sq Ft Lot
- Lot Dimensions are 40x132.50
- Privacy Fence
- Wood Fence
- Rectangular Lot
- Back Yard Fenced
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Driveway
Home Design
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,888 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
Laundry
- Laundry in Hall
- Laundry on main level
Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Outdoor Features
- Rain Gutters
- Front Porch
Location
- Property is near public transit
Utilities
- No Cooling
- Forced Air Heating System
- Water Heater
Community Details
- 2 Units
- Elmhurst Subdivision
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 | $3,674 | $72,200 | $5,800 | $66,400 |
2024 | $31 | $66,200 | $5,800 | $60,400 |
2023 | $3,456 | $57,700 | $5,800 | $51,900 |
2022 | $3,154 | $53,000 | $7,400 | $45,600 |
2021 | $3,080 | $48,800 | $5,600 | $43,200 |
2020 | $3,059 | $42,900 | $5,600 | $37,300 |
2019 | $2,957 | $39,900 | $5,600 | $34,300 |
2018 | $2,803 | $38,200 | $5,600 | $32,600 |
2017 | $2,698 | $38,200 | $5,600 | $32,600 |
2016 | $2,591 | $37,600 | $5,600 | $32,000 |
2015 | $2,591 | $35,900 | $11,138 | $24,762 |
2014 | $2,591 | $34,700 | $11,138 | $23,562 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | For Sale | $174,900 | -- | $93 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available |
Source: Greater Lansing Association of Realtors®
MLS Number: 290875

APN: 01-01-29-278-041
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