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. Utilities are split. May be purchased as a package with 603 Seymour and 824 Seymour for $315,000. Great opportunity for investors!
Courtesy: Achieve Real Estate LLC
517-258-0589
Investor Opportunity in Downtown Lansing! Located just ½ mile from the Michigan State Capitol, this fully rented, licensed duplex offers immediate income potential in a prime downtown location. Each unit features its own gas furnace, providing separate heating and added convenience for tenants. The property also boasts a brand-new front porch and a large rear parking lot with plenty of off-street parking—a major advantage in the downtown Lansing market. With strong rental appeal, established tenants, and a highly desirable location, this is an excellent addition to any investor's portfolio. Don't miss this turnkey income-producing opportunity! Apt #1 $815 per month. Lease contract 8/19/24-7/31/27 Apt #2 $925 per month. Lease contract 10/1/26-9/30/27.
Courtesy: EXP Realty, LLC
888-501-7085
Investment opportunity with immediate income! This fully occupied quadplex features four spacious units, each offering two bedrooms and one full bath. Tenants pay their own utilities, helping keep owner expenses manageable. The property includes separate entrances, off-street parking, outdoor space, and a practical layout designed for long-term rental use. With all four units currently leased and rents averaging approximately $1,100 per month, this property offers an established income stream from day one. Owner is responsible for landscaping and trash service. A great opportunity to add a fully occupied multifamily property to your investment portfolio. Buyer and buyer's agent to verify all financial information, leases, measurements, and property details.
Courtesy: EXP Realty, LLC
888-501-7085
Investment opportunity with immediate income! This fully occupied quadplex features four spacious units, each offering two bedrooms and one full bath. Tenants pay their own utilities, helping keep owner expenses manageable. The property includes separate entrances, off-street parking, outdoor space, and a practical layout designed for long-term rental use. With all four units currently leased and rents averaging approximately $1,100 per month, this property offers an established income stream from day one. Owner is responsible for landscaping and trash service. A great opportunity to add a fully occupied multifamily property to your investment portfolio. Buyer and buyer's agent to verify all financial information, leases, measurements, and property details.
Courtesy: Keller Williams Realty Lansing
517-853-1200
Investor special duplex in North Lansing. Two-unit property featuring a 2-bedroom lower unit and a 1-bedroom upper unit with strong rental upside. Home is being sold strictly as-is. Structural issues previously noted have been professionally repaired. Home is back on the market and ready for its next owner. Rental information provided indicates both units previously rented for approximately $1,000 per month each. Solid value-add opportunity for an investor. Also attached to this email is the first photo I would like to be used for this property.
Courtesy: Century 21 Affiliated
517-887-0800
Investment opportunity with this duplex featuring two spacious 4-bedroom units, strong rental potential. Property is not currently licensed for rental, but offers a clear path for future licensing. Ideal for investors or owner-occupants to live in one, rent the other. SOLD AS IS.
Courtesy: EXIT Realty Home Partners
517-803-2345
724 North Walnut Street is a beautifully renovated fourplex offering classic old-world charm with modern updates throughout. Each unit has been refreshed and is in great condition, making this a strong, income-producing property with all units currently rented. The building includes a shared washer and dryer in the common area, plus off-street parking located behind the property. Current rents total $3,935 per month, creating an attractive opportunity for investors looking for a stabilized multi-unit asset with character, curb appeal, and steady rental income. Utilities: Electric, Water, Sewer, Gas, and Garbage run roughly $775 per month during normal operation.
Courtesy: Achieve Real Estate LLC
517-258-0589
Unlock the potential of this oversized brick investment property in Lansing's Eastside redevelopment area. Previously configured as a 3-unit, this property offers multiple value-add opportunities for investors, flippers, and landlords looking for their next project. With the potential for up to 8 bedrooms and 3 full baths, the spacious layout provides flexibility for a variety of renovation plans. Many original hardwood floors, woodwork, and architectural details remain, making it an excellent candidate for a high-value restoration. This is a full-rehab project requiring major mechanical updates, but the size, character, and income potential make it well worth the investment. Whether you're building long-term rental cash flow, planning a fix-and-flip, or restoring a historic property, this is an opportunity to add significant value.
Courtesy: Keller Williams Realty Lansing
517-853-1200
617 N Walnut Lansing MI 48933 is an excellent investment opportunity! This spacious duplex offers immediate income potential with one unit vacant and ready for a new tenant or owner-occupant. Unit 1 is was previously rented for $825 per month, allowing a new owner to set current market rent. Unit 2 is occupied and generating $975 per month in rental income. Whether you're looking to add to your rental portfolio, house hack by living in one unit while collecting rent from the other, or lease the vacant unit for increased cash flow, this property offers outstanding flexibility. Conveniently located near downtown Lansing, Cooley Law School, Michigan State Capitol, shopping, restaurants, and major highways. Don't miss this opportunity to build wealth through real estate!
Courtesy: Keller Williams Realty Lansing
517-853-1200
621 N Walnut Lansing MI 48933 is a fantastic investment opportunity with this well-maintained 3-unit rental property! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income, this property offers flexibility and steady cash flow. Unit 1 is currently rented month-to-month at $825/month, providing the opportunity for an owner-occupant or continued rental income. Unit 2 is leased through April 30, 2027 at $825/month, offering stable, long-term income. Unit 3 is rents at $700/month. Located close to downtown Lansing, shopping, restaurants, and major highways, this property is an excellent opportunity for investors and owner-occupants alike. Schedule your showing today!
Courtesy: Five Star Real Estate (Ada)
Kristeen Hulliberger
616-295-2955
Are you ready for an Investment opportunity with leases in place! Welcome to 1006 S. Pennsylvania Ave, a duplex offering immediate rental income and strong long term potential for investors looking to expand their portfolio. The lower unit has been updated with modern finishes, while the upper unit provides additional living space and rental income. Recent improvements include a newer roof and mostly new windows, adding value to the property. Situated on a double lot, additional features include a fenced yard and detached garage, providing desirable outdoor space and added flexibility. Currently tenant occupied with leases in place, 1006 S. Pennsylvania Ave is a great opportunity to add an income producing duplex to your investment portfolio. Please use ShowingTime to schedule.
Courtesy: White Pine Sotheby's International Realty
517-777-8224
Great investment property conveniently located in central Lansing. New roof was put on in November 2021 which was a complete tear-off and re-decking. Gutters were installed in November 2021. Other recent updates include flooring, paint, and appliances. Downstairs kitchen cabinets and interior were painted in last year. Tenants pay utilities.
Courtesy: White Pine Sotheby's International Realty
517-777-8224
This up and down duplex is a great investment opportunity. 1824 has been updated with new paint, carpet, and light fixtures. It has 2 bedrooms and 2 full bathrooms, and access to a full basement with laundry and space for storage. 1824.5 Coleman is a studio apartment. Electric is split and gas and water are billed back to tenant(s). New gutters in 2023. Rental license is in good standing and renewal is not until 7/1/28. Home also includes large storage shed and an oversized 3-car garage on the back of the property.
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Great opportunity for an investor! 2 total units offering excellent flexibility and income potential! Unit 1 features 2 bedrooms and 1 bath, while Unit 2 offers 1 bedroom and 1 bath. 1223 Apt B is tenant occupied, lease ends July, 2026. 1 written lease. Apartment A is a 2 bedroom renting for $1,100. 1223 N Washington units have new flooring, fresh paint, new kitchen cabinets, new counter top, newer vanity sink and faucet in bathroom, new light fixtures. The property includes 4 total parking spaces. Prime location within walking distance to Old Town District, with shops, dining, and entertainment just minutes away. Tenant occupied in Apartment B. SEE MORE Properties may be purchased individually or together with 1219 N Washington for expanded investment potential. There is basement access from both units. The front unit has basement access through the kitchen, and the back unit has basement access through the kitchen door.
Courtesy: RE/MAX Real Estate Professionals
517-321-8255
Great investment opportunity with strong income potential in this 3 unit multifamily home located in the City of Lansing. The property features 3 total units: 2 units are 1 bedroom, 1 bath, and the 3rd unit is a studio, offering a versatile rental mix. Apartment A is a 1 bedroom renting for $1,001. Apartment B is a 1 bedroom renting for $900 and is currently vacant. Apartment C is a studio apartment renting for $850 and is also vacant. Great location close to area amenities, shopping, and transportation routes. Properties may be sold individually or together with 1223 N Washington, providing added portfolio flexibility. Tenant occupied. 48 hour notice required for all showings. Solid opportunity for investors seeking immediate rental income in a desirable rental market.
Courtesy: Five Star Real Estate - Potterville
517-927-2256
INVESTMENT OPPORTUNITY DUPLEX in the heart of Lansing's Northtown district: - Close to schools, shopping, the downtown stadium/hospital/groesbeck golf course & MSU Campus. (2) 2 bdrm/1bath units - interiors are clean and neat - Ready to cash flow. Small yard, easy to maintain. Both units are vacant - fantastic owner-occupied or pick your new tenants opportunity. Now is the time to be investing and building equity/monthly cash flows. Enjoy your tour!
Courtesy: Five Star Real Estate - Lansing
517-507-0068
Rare opporunity to own a triplex in the thriving REO town community. The building is split into an efficiency, 1 bed/1 bath and 2 bed/1 bath with common entrance. Currently fully occupied. Shared utilities.
Courtesy: Trubrook, LLC
517-974-1291
MOTIVATED SELLER. BRING AN OFFER. This duplex has proven rental history and has been recently rented—ready for your updates and tenants to be placed as you please. This property is priced to sell and will not last long. Rents $880 and $860 until July 2027. Average utilities $250. Great cash flow for the price. Schedule your showing ASAP.
Courtesy: EXIT Realty Home Partners
517-803-2345
Buyer financing fell through! Solid investment property with long rental history. This two-story duplex has 1,701 finished square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor. New blinds and fresh paint in 2025. 2 sets of W/Ds in the basement. Shared driveway with 427 N Butler leads to a large parking lot in the rear. The upper unit is rented for $900 per month, the lower unit is rented for $800 per month, with leases through 12/31/26. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold individually or as a package (425, 427, and 433 N Butler Blvd). Start or expand your rental portfolio. The property holds a Section 8 certificate.
Courtesy: Coldwell Banker Professionals-E.L.
517-332-5100
Great location & opportunity meet in this income-producing registered rental just minutes from Michigan State University, UM Sparrow Hospital, Downtown Lansing, restaurants, parks, and everyday conveniences. This duplex offers character, flexibility and investment potential. The main-floor unit features two bedrooms, hardwood floors, and a cozy fireplace. Upstairs includes a one-bedroom, one-bath unit with kitchen and private upper deck just off the kitchen ~ a perfect place to relax.A full basement and one-car garage add extra convenience. Whether you're looking to owner-occupy near MSU or invest, this registered rental offers flexibility in a highly desirable location.
Courtesy: Century 21 Affiliated
517-887-0800
Fully occupied duplex in Lansing offering immediate rental income and strong investment potential. The property is currently rented by a long term family who would love to remain, creating a stable income opportunity. Unit 1 rents for $825 per month and Unit 2 rents for $975 per month, for a total monthly income of $1,800 and annual gross income of $21,600. Each unit includes 1 bedroom, 1 full bathroom, a kitchen, and living space. The property also features a full basement with laundry and storage, off street parking, and a spacious yard. Conveniently located near downtown Lansing with easy access to shopping, dining, major employers, Lansing Community College, Michigan State University, and Capital Region International Airport. Ideal for investors or owner-occupants looking to offset... a mortgage with rental income.
Courtesy: Five Star Real Estate - Lansing
517-507-0068
WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.
Historic mixed-use opportunity in the heart of Old Town Lansing. This versatile property offers 2,727 SF with a ground-floor and an upper-level office suite, each with separate entrances. Zoned DT-1 (Downtown 1), the building supports a variety of commercial, office, and residential uses. The lower level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-occupant or investor seeking to lease at market rates. The space features high ceilings, strong natural light, a half bathroom, a kitchenette, and a flexible layout suitable for professional services, creative office, or potential residential conversion with improvements. The upper level is for lease at $1,500 per month and includes six private offices with a shared kitchen and full bath. Separate meters, rear access, and parking enhance rental flexibility and tenant appeal. Potential configurations include a single large office, two office suites, two residential units (with added shower/range on lower level), live/work configuration, or conversion to a single-family residence. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing's most walkable and vibrant districts. Ideal for owner-users, investors, or buyers seeking adaptive reuse in a strong mixed-use corridor.
Courtesy: EXP Realty Main
Audrey Schultz
517-745-0008
Historic mixed-use opportunity in the heart of Old Town Lansing. This versatile property offers 2,727 SF with a ground-floor and an upper-level office suite, each with separate entrances. Zoned DT-1 (Downtown 1), the building supports a variety of commercial, office, and residential uses. The lower level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-occupant or investor seeking to lease at market rates. The space features high ceilings, strong natural light, a half bathroom, a kitchenette, and a flexible layout suitable for professional services, creative office, or potential residential conversion with improvements. The upper level is for lease at $1,500 per month and includes six private offices with a shared kitchen and full bath. Separate meters, rear access, and parking enhance rental flexibility and tenant appeal. Potential configurations include a single large office, two office suites, two residential units (with added shower/range on lower level), live/work configuration, or conversion to a single-family residence. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing’s most walkable and vibrant districts. Ideal for owner-users, investors, or buyers seeking adaptive reuse in a strong mixed-use corridor.
Welcome to 4414 S Martin Luther King this 2-unit Property offers Main floor with a full kitchen, full bathroom and 3-4 bedrooms. There isa huge 2-3 car attached garage with the property. Huge backyard great for kids and pets. Lots of parking. Property has a newer furnace,oversized water heater and new electric heat on the second floor apartment. Upstairs unit is also set up for a 2-unit rental with 1bedroom live in one and make money from the other one. F-Commercial Zoning- has been used as 2 units but could be converted back to1 unit.
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.
