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309 & 311 S Holmes Street Lansing, MI $ 207,500
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$ 207,500 Get more info
309 & 311 S Holmes Street
$ 207,500
Back to search
Share Save

309 & 311 S Holmes Street

Lansing, MI, 48912
$ 207,500
Baths0.0

Monthly Estimate*

$ 1,295

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Studio

Multi-Family Home for sale in Lansing, MI

for $207,500. This home was built in 1951.

This charming 2-unit duplex offers a fantastic opportunity for both investors and homeowners. Each unit features 2 spacious bedrooms, providing ample living space for tenants or family members. The property includes a full basement, perfect for storage or potential additional living space. Both units are currently on a month-to-month lease, offering flexibility for future plans. Located close to Sparrow Hospital and within a bike ride to MSU. Unit 309 Rents for $1,000 per month and Unit 311 Rents for $925 per month. Note: Seller is a licensed Real Estate Agent

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Multi-Family Active

Price

$ 207,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1951

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

286684
Features
General
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling None
Utilities High Speed Internet Not Available Cable Available
Roof Shingle
Appliances Gas Water Heater
Patio/Porch Features Front Porch
Construction Materials Shingle Siding
Year Built 1951
Electric 100 Amp Service
Township Lansing City
Levels Two
Tax Year 2024
County Ingham
Net Operating Income 18025.0
Insurance Expense 800.0
Property Type Resid/Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions North off Kalamazoo Street onto Holmes Street property on East side of the street
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 2
Lot Size Square Feet 0.0
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 Active
Elementary School District Lansing
Tax Assessed Value 51314
Taxes 4275.0
Legal Description W 120 FT LOT 4 & W 120 FT OF N 1/2 LOT 10 ASSESSORS PLAT NO 18
New Construction None
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Interior
Basement Full
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 1662.0
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Driveway
Lot Features Back Yard Front Yard
Water Source Public
Total Parking 4.0
Lot Size Area 0.0
Foundation Details Block
Spa N
Lot Dimensions 49.50x120
Lot Size Acres 0.0
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 309311
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* Excluded Features
List By
David A. Barone

Listing Agent

Re/Max Real Estate Professionals

Broker

david@davidbarone.com

Email

Affordability Calculator

$1,295
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,295
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/5/2025$207,500 -5.64% Price Down
3/13/2025$219,900 Listed Price

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309 & 311 S Holmes Street, Lansing, MI, 48912 is a Multi-Family Home for sale at $207,500. 309 & 311 S Holmes Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 48912 which is in Lansing, MI

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