427 N Butler Blvd Lansing, MI 48915
Downtown Lansing NeighborhoodEstimated payment $1,096/month
Highlights
- Traditional Architecture
- Front Porch
- East Facing Home
- Main Floor Primary Bedroom
- Forced Air Heating and Cooling System
- Carpet
About This Home
Solid investment property with long rental history. This two-story single-family home has 1,638 square feet, includes 6 bedrooms, and 4 bathrooms. Finished rec room (or 7th bedroom) in basement. Extensive renovations and new appliances in Jan 2025. This would be an excellent single-family home or continue as an investment property. Property will be vacant on October 20, 2025, and market rate rent is $1,500 per month. The City of Lansing rental license expires on 8/1/28. This property is one of 3 investment properties located next door to each other and being sold as a package (425, 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,630
Year Built
- Built in 1912
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 33' x148'
- East Facing Home
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
Kitchen
- Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- Shared Driveway
- On-Site Parking
- Parking Lot
Outdoor Features
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
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 | $3,628 | $64,000 | $4,100 | $59,900 |
| 2024 | $30 | $59,400 | $4,100 | $55,300 |
| 2023 | $3,413 | $53,300 | $4,100 | $49,200 |
| 2022 | $3,115 | $47,900 | $4,700 | $43,200 |
| 2021 | $528 | $42,800 | $5,900 | $36,900 |
| 2020 | $3,021 | $39,300 | $5,900 | $33,400 |
| 2019 | $5,296 | $39,000 | $5,900 | $33,100 |
| 2018 | $2,768 | $36,800 | $5,900 | $30,900 |
| 2017 | $2,665 | $36,800 | $5,900 | $30,900 |
| 2016 | $4,951 | $36,200 | $5,900 | $30,300 |
| 2015 | $4,951 | $34,800 | $11,895 | $22,905 |
| 2014 | $4,951 | $35,500 | $13,750 | $21,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $150,000 | 0.0% | $82 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $150,000 | -14.3% | $82 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $175,000 | -- | $95 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Land Contract | $99,900 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $80,831 | -- | |
| Sheriffs Deed | $74,101 | -- | |
| Warranty Deed | $78,000 | Chicago Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $36,000 | American Title Ins Co | |
| Land Contract | -- | -- | |
| Warranty Deed | $36,000 | Liberty Title Co | |
| Trustee Deed | $36,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $99,900 | Seller Take Back | |
| Previous Owner | $51,480 | Purchase Money Mortgage | |
| Previous Owner | $50,300 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 286120
APN: 01-01-17-231-281
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.
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®
- 433 N Butler Blvd
- 425/425.5 N Butler Blvd
- 1017 W Genesee St
- 422 N Martin Luther King Junior Blvd
- 531 N Butler Blvd
- 418 N Martin Luther King Junior Blvd
- 416 N Martin Luther King Junior Blvd
- 312 N Butler Blvd
- 732 W Lapeer St
- 325 N Sycamore St
- 418 N Sycamore St
- 705 Princeton Ave
- 423 N Pine St
- 1217 W Saginaw St
- 1221 W Saginaw St
- 611 N Pine St
- 1225 W Saginaw St
- 1229 W Saginaw St
- 751 Chicago Ave
- 1313 S Genesee Dr