824 Seymour Ave Lansing, MI 48906
Old Town NeighborhoodEstimated payment $1,196/month
Highlights
- ENERGY STAR Qualified Appliances
- Heating System Uses Natural Gas
- 3-minute walk to Durant Park
About This Home
This well-maintained duplex is ideally located close to LCC and the Capital, offering excellent investment potential. Both units feature 2 bedrooms and 1 bathroom, each providing around 700 sqft of comfortable living space.
Unit 1: Currently occupied by a long-term tenant on a month-to-month lease at below market rate, offering steady rental income.
Unit 2: A vacant unit, ready for new tenants or owner-occupancy.
Both units feature fully functioning kitchens, in-unit laundry, and a well-maintained layout. The property also boasts a recently installed $19,000 roof (only one year old), providing peace of mind for years to come.
With great rental history and a prime location, this duplex offers strong investment potential.
Rental license through 2/1/2027
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,038
Year Built
- Built in 1905
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 44x99
- Back Yard Fenced
Home Design
- Vinyl Siding
Interior Spaces
- 1,550 Sq Ft Home
- 2-Story Property
- Michigan Basement
- ENERGY STAR Qualified Appliances
- Laundry in unit
Parking
- 3 Parking Spaces
- No Garage
- Driveway
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
- Original Of Lansing Subdivision
Building Details
- New Taxes Expense $3,035
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 |
|---|---|---|---|---|
| 2024 | $24 | $55,000 | $3,400 | $51,600 |
| 2023 | $2,295 | $44,400 | $3,400 | $41,000 |
| 2022 | $2,622 | $39,900 | $3,800 | $36,100 |
| 2021 | $2,562 | $36,600 | $6,000 | $30,600 |
| 2020 | $2,543 | $33,400 | $6,000 | $27,400 |
| 2019 | $2,451 | $32,100 | $6,000 | $26,100 |
| 2018 | $2,329 | $29,100 | $6,000 | $23,100 |
| 2017 | $2,240 | $29,100 | $6,000 | $23,100 |
| 2016 | $2,153 | $28,600 | $6,000 | $22,600 |
| 2015 | $2,153 | $27,700 | $11,929 | $15,771 |
| 2014 | $2,153 | $27,300 | $15,750 | $11,550 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $170,000 | -- | $110 / Sq Ft |
Source: Greater Lansing Association of Realtors®
MLS Number: 286374
APN: 01-01-09-380-021
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