$110,900
$9K PRICE DROP

Estimated payment $699/month

Total Views 2,934
-- Bed
-- Bath
1,762 Sq Ft
$63 Price per Sq Ft

About This Home

Two-Unit Multi-Family Home in Lansing - Excellent investment or owner-occupant opportunity! This well-maintained property features two spacious units, each with its own private entrance and separate utilities. The lower unit offers 2 bedrooms and 1 bathroom, while the upper unit provides 3 bedrooms and 1 bathroom. Both units include updated appliances and comfortable living spaces. Each unit is separately metered, making management and tenant billing simple. Conveniently located near shopping, dining, and public transportation.

Listing Agent

Arlone Hudson

Five Star Real Estate - Lansing License #6501455790 Listed on: 08/27/2025

Five Star Real Estate - Lansing

Co-Listing Agent

Donovan Thomas

Five Star Real Estate - Lansing License #6501430622

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 33x165

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,762 Sq Ft Home
  • Multi-Level Property
  • Block Basement Construction

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Floor Furnace

Community Details

Overview

  • 2 Units
  • Original Of Lansing Subdivision

Building Details

  • Insurance Expense $900
  • Maintenance Expense $1,000
  • New Taxes Expense $5,800
  • Operating Expense $7,700
  • Net Operating Income $13,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Gross Rent: 21600.0
  • Net Income: 13900.0
  • Total Expense: 7700.0
  • Tax Year: 2024
  • Levels: Multi/Split
  • Year Built: 1897
  • Lot Size Acres: 0.13
  • Lot Size: 33x165
  • Co List Office Mls Id: 1106
  • Co List Office Phone: 517-507-0068
  • Subdivision Name: Original of Lansing
  • Above Grade Finished Sq Ft: 1762.0
  • General Property Info:Lot Size Dimensions: 33x165
  • General Property Info:Above Grade Finished Area: 1762.0
  • Sewer:Public Sewer: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 4580.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Building 1 Description: Multi Family Unit
  • General Property Info:_pound_ of Units: 2
  • Levels:MultiSplit: Yes
  • Annual Inc Expense:Insurance4: 900.0
  • Annual Inc Expense:Tax Expense2: 5800.0
  • Annual Inc Expense:Maintenance3: 1000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Heating: Floor Furnace
  • Property Type: Resid/Multi-Family
  • Other Equipment: None
  • Basement:Block2: Yes

Exterior Features

  • Disclosures: Lead Based Paint, Sellers Disclosures
  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Lot Features:City Lot: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features: Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Floor Furnace: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Zoning Description: Zoning

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 900.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 13900.0
  • Annual Operating Expense: 7700.0

Tax Info

  • New Taxes Expense: 5800.0
  • Tax Carrier Route: 1028

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,580 $59,800 $4,100 $55,700
2024 $37 $56,700 $4,100 $52,600
2023 $4,312 $51,000 $4,100 $46,900
2022 $2,614 $37,500 $4,500 $33,000
2021 $2,554 $36,200 $5,800 $30,400
2020 $2,535 $34,200 $5,800 $28,400
2019 $2,443 $31,100 $5,800 $25,300
2018 $2,322 $28,800 $5,800 $23,000
2017 $2,232 $28,800 $5,800 $23,000
2016 $2,203 $28,300 $5,800 $22,500
2015 $2,203 $27,600 $11,550 $16,050
2014 $2,203 $28,000 $17,000 $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $110,900 -7.6% $63 / Sq Ft
08/27/2025 08/27/25 For Sale $120,000 0.0% $68 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
08/13/2025 08/13/25 For Sale $120,000 +71.4% $68 / Sq Ft
01/13/2022 01/13/22 Sold $70,000 -29.9% $40 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $99,900 -- $57 / Sq Ft
Source: Greater Lansing Association of Realtors®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 None Listed On Document
Sheriffs Deed $64,175 None Available
Warranty Deed -- --
Land Contract -- Tnt
Warranty Deed $64,000 Transnation
Warranty Deed $50,000 Transnation
Quit Claim Deed -- --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,500 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Source: Greater Lansing Association of Realtors®

MLS Number: 290449

Greater Lansing Association of Realtors®

APN: 01-01-16-102-111