607 Shepard St Lansing, MI 48912
Fairview Area NeighborhoodEstimated payment $1,002/month
--
Bed
1
Bath
1,472
Sq Ft
$102
Price per Sq Ft
Highlights
- Front Porch
- Forced Air Heating and Cooling System
- 3-minute walk to Stabler Park
- Ductless Heating Or Cooling System
- Carpet
About This Home
Turn-key investment opportunity in Lansing! This licensed duplex has been extensively updated and is ready for its next owner. Featuring an upper and lower unit with a shared entry hallway, shared basement with laundry hookups, and two separate driveways for convenient off-street parking, this property offers strong rental potential and low-maintenance ownership. Gas and electric are separately metered, allowing tenants to pay their own utilities. Major improvements have already been completed, including a new furnace and central air conditioning in the lower unit, new high-efficiency mini-split systems in the upper unit, a new basement drainage and sump pump system, new glass block basement windows, a new deck and exterior staircase, and a new crushed asphalt driveway. The property has also been refreshed with new light fixtures throughout, fresh interior paint, updated landscaping, and tree trimming. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this well-maintained duplex offers peace of mind with substantial recent updates and an active City of Lansing rental license already in place.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1896
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 66x127.1
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1 Bathroom
- 1,472 Sq Ft Home
- 2-Story Property
- Blinds
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Linoleum
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Shared Basement
- Laundry in Basement
Parking
- 2 Parking Spaces
- Driveway
- On-Street Parking
Outdoor Features
- Front Porch
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Electric Water Heater
Community Details
- 2 Units
- Paul Park Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,323 | $57,900 | $6,800 | $51,100 |
| 2024 | $23 | $51,300 | $6,800 | $44,500 |
| 2023 | $2,693 | $42,400 | $6,800 | $35,600 |
| 2022 | $2,467 | $35,400 | $5,400 | $30,000 |
| 2021 | $2,411 | $33,400 | $6,100 | $27,300 |
| 2020 | $3,960 | $31,900 | $6,100 | $25,800 |
| 2019 | $5,498 | $27,400 | $6,100 | $21,300 |
| 2018 | $2,529 | $26,500 | $6,100 | $20,400 |
| 2017 | $2,328 | $26,500 | $6,100 | $20,400 |
| 2016 | $5,054 | $26,100 | $6,100 | $20,000 |
| 2015 | $5,054 | $25,400 | $12,226 | $13,174 |
| 2014 | $5,054 | $27,400 | $12,226 | $15,174 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $149,900 | -- | $102 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $50,000 | None Listed On Document | |
| Sheriffs Deed | $77,174 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $68,694 | None Available | |
| Warranty Deed | $47,400 | Transnation |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $103,000 | New Conventional | |
| Previous Owner | $47,400 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Achieve Real Estate is made up of a team of REALTORS® and investors in the Greater Lansing area of Michigan. We specialize in vertically integrating multi family and commercial real estate. We also pride ourselves on sourcing off market properties for investors in the Mid-Michigan area.
David's Other Listings
Source: Greater Lansing Association of Realtors®
MLS Number: 297047
APN: 01-01-15-485-012
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Copyright © 2026 Greater Lansing Association of REALTORS®
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