$125,000
$25K PRICE DROP

425/425.5 N Butler Blvd Lansing, MI 48915

Downtown Lansing Neighborhood

Estimated payment $785/month

Total Views 6,467
-- Bed
-- Bath
1,407 Sq Ft
$89 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Back Yard
  • Front Porch
  • Carpet

About This Home

Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Current tenant is occupying both units and paying $1,400 per month on a lease through 12/31/25. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.

Listing Agent

Gary Naeyaert

EXIT Realty Home Partners License #6506049395 Listed on: 06/23/2025

EXIT Realty Home Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 33x148.5
  • Back Yard

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • No Garage
  • Additional Parking
  • Parking Lot

Outdoor Features

  • Front Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Tax Year: 2024
  • Levels: Two
  • Year Built: 1912
  • Lot Size Acres: 0.11
  • Lot Size: 33x148.5
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1407.0
  • Architectural Style: Traditional
  • General Property Info:Lot Size Dimensions: 33x148.5
  • General Property Info:Above Grade Finished Area: 1407.0
  • Levels:Two2: 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
  • Sewer:Public Sewer: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • General Property Info:ECO Friendly Features: No
  • Exterior:Vinyl Siding: Yes
  • Architectural Style:Traditional: Yes
  • Location Legal Info:Senior Community: No
  • Flooring:Linoleum: Yes
  • Tax Info:Taxes2: 3280.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: Two-Story
  • General Property Info:_pound_ of Units: 2
  • Water Heater:Water Heater3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Foundation Details: Block
  • Lot Features: Back Yard
  • Patio And Porch Features: Front Porch
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Lot Features:Back Yard2: Yes
  • Patio Porch Features:Front Porch: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Additional Parking, No Garage, On Site, Parking Lot
  • Attached Garage: No
  • Parking Features:On Site: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Water Heater
  • Cooling: Central Air
  • LaundryFeatures: In Basement, See Remarks
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Carrier Route: 1836

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
06/23/2025 06/23/25 Price Changed $125,000 0.0% $89 / Sq Ft
06/23/2025 06/23/25 For Sale $125,000 -16.7% $89 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $150,000 -- $107 / Sq Ft
Source: Greater Lansing Association of Realtors®

Source: Greater Lansing Association of Realtors®

MLS Number: 286119

Greater Lansing Association of Realtors®
Michigan Ingham County Lansing 48915 Downtown Lansing

425/425.5 N Butler Blvd, Lansing, MI

This home is located at 425/425.5 N Butler Blvd, Lansing, MI 48915 and is currently priced at $125,000, approximately $88 per square foot. This property was built in 1912. 425/425.5 N Butler Blvd is a home located in Ingham County with nearby schools including Riddle Elementary School, Pattengill Academy, and J.W. Sexton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lansing Association of Realtors® IDX information is provided exclusively for Consumers'
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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Gary Naeyaert
Listing Agent
Gary Naeyaert
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EXIT Realty Home Partners
(517) 891-4918