425/425.5 N Butler Boulevard Lansing, MI $ 125,000
425/425.5 N Butler Boulevard
$ 125,000
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425/425.5 N Butler Boulevard

Lansing, MI, 48915
$ 125,000
Baths0.0

Monthly Estimate*

$ 780

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Studio

Multi-Family Home for sale in Lansing, MI

for $125,000. This home was built in 1912 on a lot size of 0.11.

Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Will be vacant on 11/1/25 and market rate rent is $750 per unit or $1,500 per month for the building. 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 as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.

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Multi-Family Pending

Price

$ 125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.11

Year Built

1912

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

286119

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Roof Shingle
Appliances Water Heater
Patio/Porch Features Front Porch
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1912
Township Lansing City
Levels Two
Property Subtype Duplex
Tax Year 2024
County Ingham
Property Type Resid/Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Pending
Directions Heading east on Saginaw St (M-43) from Martin Luther King Jr Blvd turn right on N Butler Blvd after two blocks just south of W Genesee St the property is on the right.
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N N
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Elementary School District Lansing
Tax Assessed Value 38631
Legal Description S 1/2 LOT 2 DODGE AND DANIELS SUB W OF BUTLER REC L 55 P 553
New Construction None
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Interior
Basement Full
Flooring Carpet Laminate Linoleum
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1407.0
Laundry Features In Basement See Remarks
Total Baths 0
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Exterior
Parking Features Additional Parking No Garage On Site Parking Lot
Lot Features Back Yard
Water Source Public
Total Parking 4.0
Lot Size Area 0.11
Foundation Details Block
Spa N
Lot Dimensions 33x148.5
Lot Size Acres 0.11
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4254255
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* Excluded Features
List By
Gary Naeyaert

Listing Agent

Exit Realty Home Partners

Broker

gary@teamnaeyaert.com

Email

Affordability Calculator

$780
Per Month
100%
0%
0%
Monthly Principal & Interest
$780
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2075809 Elementary School
2075905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2025$125,000 -16.67% Price Down
2/6/2025$150,000 Listed Price

Map


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425/425.5 N Butler Boulevard, Lansing, MI, 48915 is a Multi-Family Home for sale at $125,000 with a lot size of 0.11. 425/425.5 N Butler Boulevard is a studio with 0.0 baths and was built in 1912. The property's zip code is 48915 which is in Lansing, MI