433 N Butler Blvd Lansing, MI 48915
Downtown Lansing NeighborhoodEstimated payment $1,146/month
Highlights
- Traditional Architecture
- Forced Air Heating and Cooling System
- Carpet
- Front Porch
- East Facing Home
About This Home
Solid investment property with long rental history. This two-story single-family home has 1,766 square feet, includes 5 bedrooms, and has 2 bathrooms. Parking is on the street, in shared lot or empty lot across the street. Extensive renovations, including new carpet, two new windows, new central air, new kitchen countertops and new appliances in 2025. Current tenant is paying $1,500 per month on a lease that ends 12/31/26. The City of Lansing rental license expires on 10/1/27. This property is one of 3 investment properties located next door to each other being sold individually or 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
- $2,925
Year Built
- Built in 1913
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 33x59
- East Facing Home
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,766 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Microwave
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- Shared Driveway
- 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 | $3,408 | $66,900 | $2,600 | $64,300 |
| 2024 | $28 | $55,900 | $2,600 | $53,300 |
| 2023 | $3,356 | $50,100 | $2,600 | $47,500 |
| 2022 | $3,001 | $44,700 | $2,900 | $41,800 |
| 2021 | $2,859 | $42,700 | $3,700 | $39,000 |
| 2020 | $2,839 | $38,800 | $3,700 | $35,100 |
| 2019 | $2,744 | $39,200 | $3,700 | $35,500 |
| 2018 | $2,601 | $33,900 | $3,700 | $32,000 |
| 2017 | $2,569 | $35,700 | $3,700 | $32,000 |
| 2016 | $5,975 | $35,000 | $3,700 | $31,300 |
| 2015 | $5,975 | $33,600 | $7,498 | $26,102 |
| 2014 | $5,975 | $35,200 | $11,250 | $23,950 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $170,000 | +3286.5% | $96 / Sq Ft | |
| 05/07/2015 05/07/15 | Sold | $5,020 | -63.9% | $3 / Sq Ft | View Prior Sale |
| 05/07/2015 05/07/15 | Pending | -- | -- | -- | |
| 04/13/2015 04/13/15 | Price Changed | $13,900 | -12.6% | $8 / Sq Ft | |
| 03/11/2015 03/11/15 | Price Changed | $15,900 | -46.1% | $9 / Sq Ft | |
| 08/28/2014 08/28/14 | For Sale | $29,500 | -- | $17 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $8,500 | None Available | |
| Quit Claim Deed | $5,020 | Attorney | |
| Quit Claim Deed | $25,500 | None Available | |
| Sheriffs Deed | $72,118 | None Available | |
| Special Warranty Deed | $6,000 | Fat | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $69,022 | None Available | |
| Warranty Deed | $65,000 | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $61,750 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 294802
APN: 01-01-17-231-291
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