313 W César E Chávez Ave Lansing, MI 48906
Old Forest NeighborhoodEstimated payment $853/month
Highlights
- Wood Flooring
- Wood Siding
- 4-minute walk to Edmore Park
- Forced Air Heating System
- Back Yard Fenced and Front Yard
About This Home
Excellent cash-flow opportunity! This registered 3-unit rental in the City of Lansing is priced at just $115,000 and offers immediate income potential with two vacant units ready for a new owner to lease or occupy. The property features one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio currently tenant-occupied. Previous rents were approximately $900 for the 2-bedroom, $835 for the 1-bedroom, and $675 for the studio. Each unit has separate utilities (owner pays water only), with individual furnaces for Units 1 and 2 and baseboard heat in Unit 3. Additional features include a newer roof (approximately 3 years old), rental license valid through 7/1/2027, and a convenient location just minutes from Lansing Community College, downtown Lansing, shopping, and major highways.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1875
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
- Wire Fence
- Back Yard Fenced and Front Yard
Home Design
- Triplex
- Block Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,556 Sq Ft Home
- 2-Story Property
- Michigan Basement
- Fire and Smoke Detector
Flooring
- Wood
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Driveway
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,828 | $62,300 | $3,000 | $59,300 |
| 2024 | $27 | $56,500 | $3,000 | $53,500 |
| 2023 | $3,225 | $39,600 | $3,000 | $36,600 |
| 2022 | $2,952 | $35,600 | $3,300 | $32,300 |
| 2021 | $2,964 | $33,600 | $5,200 | $28,400 |
| 2020 | $2,518 | $33,600 | $5,200 | $28,400 |
| 2019 | $2,427 | $32,200 | $5,200 | $27,000 |
| 2018 | $2,307 | $28,800 | $5,200 | $23,600 |
| 2017 | $2,217 | $28,800 | $5,200 | $23,600 |
| 2016 | $2,175 | $28,300 | $5,200 | $23,100 |
| 2015 | $2,175 | $27,400 | $10,331 | $17,069 |
| 2014 | $2,175 | $27,600 | $15,750 | $11,850 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2026 06/26/26 | For Sale | $115,000 | +130.0% | $74 / Sq Ft | |
| 04/23/2020 04/23/20 | Sold | $50,000 | -28.5% | $32 / Sq Ft | View Prior Sale |
| 09/12/2019 09/12/19 | For Sale | $69,900 | -- | $45 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | Bell Title Agency Of Okemos | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $11,850 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $20,400 | None Available | |
| Warranty Deed | $66,401 | Transnation |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,873 | No Value Available |
Source: Greater Lansing Association of Realtors®
MLS Number: 297144
APN: 01-01-09-329-221
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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 © 2026 Greater Lansing Association of REALTORS®
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