$124,900
PENDING

811 Larned St Lansing, MI 48912

Estimated payment $694/month

Total Views 3,435
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • Wood Siding

About This Home

Discover an exceptional investment opportunity in Lansing, Michigan, featuring a well-maintained multi-unit property with tremendous potential. The lower unit has been completely remodeled, offering modern finishes, updated appliances, and a fresh, inviting atmosphere—perfect for attracting reliable tenants or providing a comfortable living space if you choose to occupy it yourself. This property comes with a valid 3-year rental certificate, ensuring peace of mind and a smooth rental process. Whether you're looking for steady cash flow or a live-in investment, this property delivers flexibility and strong financial prospects. With two income-generating units, this property offers great cash flow potential, making it an ideal addition to your real estate portfolio. The layout and condition of the units make it suitable for both investors seeking passive income and owner-occupants wanting to offset their mortgage costs. Lansing's growing rental market and affordable prices make this an excellent opportunity to capitalize on the local housing demand. Don't miss out on this turnkey investmentschedule your showing today and discover how this property can work for your financial future.

Listing Agent

Ricardo Cottengim

Cody & Co. License #6501449911 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 1,324 Sq Ft Lot
  • Lot Dimensions are 39.50x120

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1908
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 39.50x120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • List Price: 124900.0
  • Number of Buildings: 2
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: None
  • Utilities: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Dimensions: 39.50x120
  • Lot Size Sq Ft: 1324.0
  • Zoning Description: res

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3857.0
  • Tax Year: 2025

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
2024 $31 $52,400 $3,600 $48,800
2023 $3,956 $42,500 $3,600 $38,900
2022 $3,174 $37,200 $3,000 $34,200
2021 $3,987 $33,000 $3,600 $29,400
2020 $3,335 $29,600 $3,600 $26,000
2019 $4,780 $28,300 $3,600 $24,700
2018 $3,078 $23,300 $3,600 $19,700
2017 $1,849 $23,300 $3,600 $19,700
2016 $3,281 $22,900 $3,600 $19,300
2015 $3,281 $22,400 $7,110 $15,290
2014 $3,281 $22,600 $7,505 $15,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $124,900 +72.3% --
06/21/2024 06/21/24 Sold $72,500 -14.6% $55 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $84,900 -5.7% $64 / Sq Ft
04/12/2024 04/12/24 For Sale $90,000 0.0% $68 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $90,000 -- $68 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $72,500 Grand Rapids Title Company
Warranty Deed $205,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Titleone
Warranty Deed $29,000 Trans
Warranty Deed $29,000 Trans
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,375 New Conventional
Previous Owner $630,000 New Conventional
Previous Owner $410,000 New Conventional
Previous Owner $45,000 Unknown
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25030874

Southwestern Michigan Association of REALTORS®

APN: 01-01-15-356-081