Courtesy: Berkshire Hathaway HomeServices
517-351-3617
Investment opportunity in Lansing! Located at 5316 and 5318 S Waverly, this property features two units, each with 3 bedrooms, 1.5 bathrooms, and about 900 square feet, for a combined monthly rental income of $2,450. The unit at 5316 rents for $1,550 per month, with improvements including a new roof ($15,000), a new kitchen countertop, and newly installed gutters. The unit at 5318 rents for $900 per month to a longstanding tenant on a month-to-month lease and features new siding ($15,000), a new furnace ($6,000), and newly installed gutters. The same owner also owns 5400 Waverly, Lansing, MI 48911, which is currently for sale, offering an opportunity to purchase an additional income property. Across all units, driveways have been filled and smoothed with crushed concrete, handrails have been installed at all front entrances, and gutters are cleaned annually. Tenants are responsible for all utilities and trash service, and the water heaters are approximately 10 years old. The rental license for this duplex is due for renewal in 2029.
Courtesy: Berkshire Hathaway HomeServices
517-351-3617
Investment opportunity in Lansing! This triplex offers three units with combined monthly rental income of $3,010. The units at 5400 Waverly and 3911 Phoenix each feature 2 bedrooms, 1 bathroom, and approximately 600 square feet, with each renting for $1,200 per month. The unit at 3913 Phoenix offers 1 bedroom, 1 bathroom, and approximately 600 square feet, renting for $610 per month to a longstanding tenant retained from the prior ownership on a month-to-month lease. The roof at 5400 Waverly has been inspected with no issues reported. The parcel also includes an open lot to the west, and the rental license is due for renewal in 2027. The same owner also owns 5316/5318 Waverly, Lansing, MI 48911, which is currently for sale, offering an opportunity to purchase an additional income property. Across all units, driveways have been filled and smoothed with crushed concrete, handrails have been installed at all front entrances, and gutters are cleaned annually. Tenants are responsible for all utilities and trash service, and the water heaters are all about 10 years old.
Courtesy: Keller Williams Realty Lansing
517-853-1200
Welcome to 223 E Hillsdale St in Lansing! This 2-unit duplex offers 5 bedrooms, 3 baths, and 2 kitchens, providing a great opportunity for investors or owner-occupants. The property is not currently rented, but each unit has previously rented for $1,000 per month, offering potential rental income for a future owner. The first-floor unit features 2 bedrooms and 2 bath, along with a spacious kitchen, hardwood floors, a 90% efficient furnace, and an awesome fireplace that adds character and charm. Second floor unit offers 3 bedrooms, 1 bath and kitchen. The property also offers two driveways for convenient parking. Located close to U of M Hospital and Downtown Lansing, this duplex offers a convenient location and flexible living arrangements with investment potential.
Courtesy: Achieve Real Estate LLC
517-258-0589
$2775 in CASH FLOW. Fantastic investment opportunity in Lansing's Eastside neighborhood! Located on a highly visible corner lot at 8th & Eureka, this 4 Unit property offers incredible potential for you real estate portfolio. Live in one unit and rent the rest or rent them all for maximum income. Minutes from the UM Health Sparrow Hospital campus, Lansing Community College and is directly convenient to the CATA bus routes. Selling with neighboring property at 913 Eureka St. MLS: 299720. Please consider both for a package deal.
Courtesy: Keller Williams Realty Lansing
517-853-1200
Investment Opportunity! 2 Units close to highways, shopping, LCC and on the bus route. Unit one has 2 bedrooms, 1.5 bath, main floor laundry hook up, access to back yard and full basement. Unit 2 has 2 bedrooms and 1 bath. The tenant in Unit to has been there 20+ years. Tenant is on month to month currently. Outside, fully fenced back yard, 2 car garage and parking spaces for 3+ vehicles. Valid rental license.
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Very nice two unit duplex offering an excellent investment and income opportunity in Lansing! Each unit offers ranch style living, making this property an attractive option for investors or owner-occupants. Each unit is a 2 bedroom, 1 full bathroom. Tenants are responsible for all utilities. Both current leases are month-to-month. Both tenants have 6 month leases starting October 1, 2026. Unit 4016 monthly rent is $800. Unit 4018 monthly rent is $1000. Property is tenant-occupied in both units. Washer and dryer are tenant owned.
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Very nice 2 unit duplex. Income investment opportunity. Unit 1 offers 2 bedrooms, 1.5 bathrooms, and a full basement. Unit 2 offers 3 bedrooms and 1.5 bathrooms. Unit 4400 monthly rent is $999. Unit 4402 monthly rent is $975. Tenants are responsible for all utilities, including gas, electric, water, sewer, and trash. TENANT OCCUPIED. 48 HR NOTICE REQUIRED. Profit and Loss Statement available upon request, as well as expense breakdown. 2 written lease agreements on file.
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Very nice 2 unit duplex. Income investment opportunity. One unit is 2 bedrooms, 1.5 bathrooms and the other unit is 3 bedrooms, 1.5 bathrooms. Full basement. Unit 3941 monthly rent (on average) is $1050 - $1100. Unit 3943 monthly rent (on average) is $1150. Pets allowed. Tenants are responsible for all utilities, including gas, electric, water, sewer, and trash. TENANT OCCUPIED. 48 HR NOTICE REQUIRED. Profit and Loss Statement available upon request, as well as expense breakdown. 2 written lease agreements on file. The property is currently managed by Sustain Management Company.
Courtesy: Garno Property Management LLC
517-719-4105
Duplex with a 2 Bedroom and 1 Bedroom Units. New Roof and Newer Windows. 2 Furnaces and 2 Water Heaters. 2 Electric Services and 2 Gas Meters. Stove and Fridge included in Both. Tenants can Stay or Buyer Can Terminate the Tenants if Wanted with 30-day notice. Common Entrance to Basement and Washer/Dryer. Seller is a Licensed Realtor in Michigan.
Courtesy: Apex Appraisal Company LLC
517-487-0611
Well-maintained duplex in a prime Lansing location! Unit 1 features 3 bedrooms and 1 bath, while Unit 2 offers 1 bedroom and 1 bath. Both units have long-term tenants, low current rents, and separate utilities. Located just one block from UM Sparrow Hospital and two blocks north of Michigan Avenue. Great investment opportunity with potential for future rental income growth!
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Great rental/income property located near Lansing's loved Old Town. Close to Lansing Community College, Cooley Law School and downtown. One bedroom unit on first floor, one bedroom unit on second floor. Updated light fixtures, plumbing, remodeled kitchen, New windows, newer roof and much more. Could be owner occupied! Don't miss out on this great duplex!
INVESTOR ALERT: Rare 10-Unit Contiguous Portfolio in Central Lansing! 17 beds and 10 baths and 6884 sq ft total This is an exceptional opportunity to acquire a bundled, 10-unit multi-family portfolio situated on a single block in Lansing, MI (48906). Selling exclusively as a package deal, this offering consists of three adjacent properties providing immediate scale, consolidated property management, and strong cash-flow potential in a high-demand rental market. PORTFOLIO BREAKDOWN (10 Units Total): 900 Seymour Ave: 6-Unit Multi-Family Building 904 Seymour Ave: 2-Unit Duplex 910 Seymour Ave: 2-Unit Duplex INVESTMENT HIGHLIGHTS: INSTANT SCALE & EFFICIENCY: Owning ten units side-by-side across three adjacent lots severely cuts down on travel time for maintenance, showings, and general oversight. VALUE-ADD UPSIDE: The perfect canvas to implement strategic property updates, force appreciation, and push rents to top-of-market rates. STRATEGIC LOCATION: Highly accessible to Downtown Lansing, the State Capitol, Lansing Community College, and major thoroughfares. This block of properties represents a prime, highly manageable investment in the Lansing market, perfect for expanding your asset footprint with maximum operational efficiency.
Courtesy: HomeCoin.com
Jonathan Minerick
INVESTOR ALERT: Rare 10-Unit Contiguous Portfolio in Central Lansing! 17 beds and 10 baths and 6884 sq ft total This is an exceptional opportunity to acquire a bundled, 10-unit multi-family portfolio situated on a single block in Lansing, MI (48906). Selling exclusively as a package deal, this offering consists of three adjacent properties providing immediate scale, consolidated property management, and strong cash-flow potential in a high-demand rental market. PORTFOLIO BREAKDOWN (10 Units Total): 900 Seymour Ave: 6-Unit Multi-Family Building 904 Seymour Ave: 2-Unit Duplex 910 Seymour Ave: 2-Unit Duplex INVESTMENT HIGHLIGHTS: INSTANT SCALE & EFFICIENCY: Owning ten units side-by-side across three adjacent lots severely cuts down on travel time for maintenance, showings, and general oversight. VALUE-ADD UPSIDE: The perfect canvas to implement strategic property updates, force appreciation, and push rents to top-of-market rates. STRATEGIC LOCATION: Highly accessible to Downtown Lansing, the State Capitol, Lansing Community College, and major thoroughfares. This block of properties represents a prime, highly manageable investment in the Lansing market, perfect for expanding your asset footprint with maximum operational efficiency.
Courtesy: Garno Property Management LLC
517-719-4105
Great Up and Down Duplex Close to MSU, LCC, and Sparrow Hospital. Convert to Single Family by Removing 1 Door. New Roof and Rear Deck Area. Large Porch on Front. Newer Separate Furnaces and Water Heaters. 2 - 100 Amp Electric Services. 2 Gas Meters. Appliances Included. Walk in Basement from the Stairway in Rear. Cement Parking Pad in Rear. Seller is a Licensed Realtor in Michigan.
Courtesy: White Pine Sotheby's International Realty
517-777-8224
If you are looking for a turn-key investment property that cash flows, look no further! This duplex in the heart of Lansing has been updated from top to bottom. The main floor is a 2 bedroom and 1 bath apartment that rents for $1,024 and the upstairs is a 1 bedroom and 1 bath apartment that rents for $700. There is a coin-operated shared laundry in the basement, a two-car detached garage and private entrances for each apartment. All utilities are split except for electric. Don't miss the opportunity, call or text listing agent for a private tour.
Courtesy: Berkshire Hathaway HomeServices
517-351-3617
Large 3 unit in downtown Lansing conveniently located to LCC and State Capital Complex. All units are responsible for their own utilities and have laundry facilities! Freshly painted, hardwood floors refinished and ready to go! Would make a nice owner occupied building with tenants covering your mortgage! Nice opportunity to add to your portfolio!
Courtesy: Cody and Co.
Ricardo Cottengim
810-300-5073
Attention investors! 209 E Mount Hope Avenue in Lansing offers a great opportunity to add a centrally located, income-producing duplex to your portfolio. This two-unit property features a spacious main-floor unit with beautiful hardwood floors, original woodwork, generous living space, and access to a full basement for additional storage, while the upper unit offers its own kitchen, living area, and a large private balcony. The property also features off-street parking with alley access and is conveniently located just south of downtown Lansing with easy access to major roads, public transportation, parks, shopping, and dining. With two separate rental units and a location that appeals to a wide range of tenants, 209 E Mount Hope is a solid opportunity for investors looking for rental income and long-term potential in the Lansing market.
Attention investors! 209 E Mount Hope Avenue in Lansing offers a great opportunity to add a centrally located, income-producing duplex to your portfolio. This two-unit property features a spacious main-floor unit with beautiful hardwood floors, original woodwork, generous living space, and access to a full basement for additional storage, while the upper unit offers its own kitchen, living area, and a large private balcony. The property also features off-street parking with alley access and is conveniently located just south of downtown Lansing with easy access to major roads, public transportation, parks, shopping, and dining. With two separate rental units and a location that appeals to a wide range of tenants, 209 E Mount Hope is a solid opportunity for investors looking for rental income and long-term potential in the Lansing market.
Courtesy: Five Star Real Estate - Lansing
517-507-0068
Established duplex in heart of Lansing's REO town with large private backyard. Utilities are metered separately and paid by tenants. Both upper and main floor units are occupied.
Courtesy: Century 21 Affiliated
517-887-0800
Welcome to 118 E Barnes Ave, Lansing MI 48910. Close/walking distance to downtown, Reo Town, bus routes, highways, Moores park, River and more. This completely renovated 4 unit building is finally finished and ready for an investor. All 4 studio apartments have laminate flooring, full baths, lots of windows to offer natural light and kitchens. All kitchens are complete with stove and Fridge. There are 2 first floor units and 2 second floor units. Unit 2 has access to the basement. The 2 front units have bay windows. There is a second lot that adds room for additional parking. Building has new siding, roof, most windows, kitchens, baths, fixtures and more. Forced air, natural gas heat. Seller pays all utilities. Projected rents $850-1000 per unit. Property is vacant and easy to show.
Courtesy: Century 21 Affiliated
517-887-0800
Late 1800's Victorian house is sitting, waiting for it's next visionary. Best part is the carriage house in rear is also available and set up as duplex with 2 x 1 bed 1 bath units, with separate heating/cooling and electrical (shared water between all 3 properties but could be split) (and new roof that was torn off and re-shingled with new underlayment). Don't need the rental convert back to garage with finished upstairs. Home boasts 2100 finished square feet with the original wood flooring, doors and trim. Most all plaster work has been redone and 2nd floor fireplace restored. Could also be a duplex with plumbing in place for 2nd kitchen or 2nd floor laundry. Would offer 6 beds and 2 baths. Parking for 3+ cars. Create great cash flow and also a one-of-a-kind residence - your choice!
Courtesy: Five Star Real Estate - Lansing
517-507-0068
New listing in a prime location. This isn't your average property. Offering over 6,500 square feet, seven bedrooms, seven full baths, and just over 2.5 acres, this one-of-a-kind property has incredible potential. Whether you're looking for a spacious single-family home or a property that could be used for rental income, the adaptable layout offers both. In addition to the main living area, there are 4 or 5 additional private living spaces, each with its own living room, kitchen, and full bathroom. One unit is currently rented, providing immediate income, a second unit is furnished and ready to rent, and the remaining units have the potential to become licensed rentals once township requirements are met. Additional features include a Loft, 2 car garage, carport, Large outbuilding and Well House with outdoor laundry. Conveniently located close to shopping, restaurants, and major highways, all within the Grand Ledge School District.
Courtesy: Achieve Real Estate LLC
517-258-0589
Investor opportunity! Four 2-bedroom, 1-bath ranch duplex units offered together, providing an income-producing portfolio with strong rental fundamentals. All units feature in-unit laundry, separate gas and electric, individual furnaces and water heaters, and carports. Tenants pay their own trash. Three units are currently occupied, with the fourth scheduled for move-in 9/11/2026. Current rents: 2112 - $930/mo (8/1/25-7/31/27); 2114 - $1,000/mo (7/9/26-7/31/27); 2116 - $985/mo (8/1/25-7/31/27); 2118 - $975/mo (9/11/26-9/30/27). Rental license valid through 8/1/2029. Cash-flowing investment with established tenants and desirable individual utility setup. The property is conforming to local zoning codes.
Courtesy: Five Star Real Estate - Lansing
517-507-0068
Great investment opportunity! Duplex near downtown, LCC and the Capitol. Both units are 2 bedroom, 1 bath with in unit laundry and nice kitchens. New roof installed 2025. Utilities are not split. Price increased as taken out of packaged sale of 603 Seymour and 605 Seymour Great opportunity for investors!
Courtesy: Five Star Real Estate - Lansing
517-507-0068
Great investment opportunity! Duplex near downtown, LCC and the Capitol. Both units are 2 bedroom, 1 bath with in unit laundry and nice kitchens. New roof installed 2025. New boiler installed 2026. Utilities are not split. May be purchased as a package with 824 Seymour and 605 Seymour for $315,000. Great opportunity for investors!
Lansing is located in Michigan. Lansing, Michigan has a population of 113,592. Lansing is less family-centric than the surrounding county with 22.65% of the households containing married families with children. The county average for households married with children is 28.45%.
The median household income in Lansing, Michigan is $46,570. The median household income for the surrounding county is $58,226 compared to the national median of $69,021. The median age of people living in Lansing is 32.8 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 33.1 inches per year, with 46.1 inches of snow per year.
