513 W Hillsdale St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated payment $1,677/month
Highlights
- Traditional Architecture
- 1 Car Detached Garage
- Forced Air Heating System
- Wood Flooring
- Front Porch
About This Home
2 houses, 3 units and 1 Vacant Lot. Investor's Dream Opportunity-Discover an incredible investment package featuring two homes and an additional vacant lot, offering excellent income potential and future development possibilities. 513 W Hillsdale features two separate units 2-bedroom, 1-bath units, each with its own entrance—perfect for rental income or multi-generational living. 515 W Hillsdale is a spacious single-family home offering 4 bedrooms and 1 full bath, ideal for a larger household or as another income-producing rental. With three total units plus a vacant lot, this property presents flexibility for investors looking to expand their portfolio or those seeking a live-in, rent-the-rest setup. Conveniently located near amenities, schools, and downtown. All units are individually metered. Properties can be sold separately, the Vacant Lot goes with 513 W Hillsdale.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 41.3x66
Parking
- 1 Car Detached Garage
- No Garage
- Dirt Driveway
- Open Parking
- Outside Parking
Home Design
- Duplex
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Vinyl
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 150 Amp Service
- Gas Water Heater
Additional Features
- Front Porch
- City Lot
Community Details
- 3 Units
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 | $4,034 | $66,700 | $4,100 | $62,600 |
| 2024 | $33 | $62,700 | $4,100 | $58,600 |
| 2023 | $3,800 | $53,000 | $4,100 | $48,900 |
| 2022 | $3,474 | $46,300 | $3,200 | $43,100 |
| 2021 | $3,394 | $41,100 | $4,800 | $36,300 |
| 2020 | $2,453 | $32,800 | $4,800 | $28,000 |
| 2019 | $2,363 | $29,100 | $4,800 | $24,300 |
| 2018 | $2,246 | $26,500 | $4,800 | $21,700 |
| 2017 | $2,033 | $26,500 | $4,800 | $21,700 |
| 2016 | $1,980 | $26,000 | $4,800 | $21,200 |
| 2015 | $1,980 | $24,900 | $9,597 | $15,303 |
| 2014 | $1,980 | $24,900 | $12,500 | $12,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | For Sale | $139,900 | -45.1% | $87 / Sq Ft | |
| 10/18/2025 10/18/25 | For Sale | $255,000 | +229.0% | $255,000 / Sq Ft | |
| 10/15/2020 10/15/20 | Sold | $77,500 | -3.0% | $48 / Sq Ft | View Prior Sale |
| 08/06/2020 08/06/20 | For Sale | $79,900 | +59.8% | $50 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $50,000 | 0.0% | $17 / Sq Ft | View Prior Sale |
| 12/28/2017 12/28/17 | Pending | -- | -- | -- | |
| 12/28/2017 12/28/17 | For Sale | $50,000 | -- | $17 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,500 | Transnation Title Agency | |
| Warranty Deed | -- | Liberty Title | |
| Sheriffs Deed | $17,500 | None Available | |
| Warranty Deed | $40,000 | Landamerica Transnation Titl | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $15,000 | Talon Group | |
| Warranty Deed | $15,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $58,125 | New Conventional | |
| Previous Owner | $108,000 | Commercial | |
| Previous Owner | $65,600 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 292065
APN: 01-01-16-361-171
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Copyright © 2025 Greater Lansing Association of REALTORS®
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