$174,900

2515 S Martin Luther King Junior Blvd Lansing, MI 48910

Greencroft Park Neighborhood

Estimated payment $1,265/month

Total Views 5,261
-- Bed
-- Bath
1,888 Sq Ft
$93 Price per Sq Ft

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!

Listing Agent

Andrea Shokha

EXP Realty, LLC License #6501405499 Listed on: 08/29/2025

EXP Realty, LLC

Co-Listing Agent

Jeff Burke

EXP Realty, LLC License #6506036048

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,768

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Gross Rent: 1055.0
  • Tax Year: 2024
  • Levels: Two
  • Year Built: 1950
  • Lot Size Acres: 0.12
  • Lot Size: 40x132.50
  • Co List Office Mls Id: 1077
  • Co List Office Phone: 888-501-7085
  • Subdivision Name: Elmhurst
  • Above Grade Finished Sq Ft: 1888.0
  • General Property Info:Lot Size Dimensions: 40x132.50
  • General Property Info:Above Grade Finished Area: 1888.0
  • Laundry Features:Main Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Flooring:Carpet: Yes
  • Fencing:Privacy: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Fenced: Yes
  • Flooring:Hardwood: Yes
  • Cooling:None8: Yes
  • Location Legal Info:Senior Community: No
  • Fencing:Full2: Yes
  • Fencing:Wood3: Yes
  • Laundry Features:In Hall: Yes
  • Tax Info:Taxes2: 3768.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Unit 1
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Water Heater3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full
  • Heating: Forced Air
  • Flooring: Carpet, Hardwood, Other
  • Property Type: Resid/Multi-Family
  • Full Basement: Yes
  • Community Features:Curbs: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • ExteriorFeatures: Rain Gutters
  • Fencing: Back Yard, Fenced, Full, Privacy, Wood
  • Lot Features: Back Yard, Near Public Transit, Rectangular Lot
  • RoadFrontageType: City Street
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Front Porch
  • Construction Type: Aluminum Siding
  • Lot Features:Back Yard2: Yes
  • Lot Features:Near Public Transit: Yes
  • Patio Porch Features:Front Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Concrete, Detached, Driveway, Garage, Garage Faces Front
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 2
  • Parking Features:Concrete6: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: None
  • LaundryFeatures: In Hall, Main Level
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights
  • Senior Community: No

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5314.32
  • Additional Parcels: No
  • Zoning Description: Zoning

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

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $174,900 -- $93 / Sq Ft
Source: Greater Lansing Association of Realtors®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Greater Lansing Association of Realtors®

MLS Number: 290875

Greater Lansing Association of Realtors®

APN: 01-01-29-278-041