427 N Butler Blvd Lansing, MI 48915
Downtown Lansing NeighborhoodEstimated payment $1,125/month
Total Views
11,958
6
Beds
4
Baths
1,838
Sq Ft
$82
Price per Sq Ft
Highlights
- Traditional Architecture
- Den
- Living Room
- Main Floor Primary Bedroom
- Front Porch
- Forced Air Heating and Cooling System
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. Washer & dryer are tenant-owned. This would be an excellent single-family home or continue as an investment property. Current tenant is paying $1,450 per month on a month-to-month lease that ends on 12/31/25. 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
- Living Room
- Dining Room
- Den
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
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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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Source: Greater Lansing Association of Realtors®
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 | -- |
Source: Public Records
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: Public Records
Similar Homes in Lansing, MI
Source: Greater Lansing Association of Realtors®
MLS Number: 286120
APN: 01-01-17-231-281
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