611 N Pine St Lansing, MI 48933
Downtown Lansing NeighborhoodEstimated payment $695/month
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
Five Star Real Estate - Lansing License #6501455790 Listed on: 08/27/2025
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
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 | $4,580 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 12/02/2021 12/02/21 | Pending | -- | -- | -- | |
| 11/10/2021 11/10/21 | For Sale | $99,900 | -- | $57 / Sq Ft |
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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,500 | New Conventional | |
| Previous Owner | $80,000 | Purchase Money Mortgage |
Source: Greater Lansing Association of Realtors®
MLS Number: 290449
APN: 01-01-16-102-111
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Copyright © 2025 Greater Lansing Association of REALTORS®
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