309 & 311 S Holmes Street Lansing, MI ^$ 207,500

309 & 311 S Holmes Street

^$ 207,500

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309 & 311 S Holmes Street

Lansing, MI, 48912

^$ 207,500

Studio Baths0.0 Sq 1,662

Monthly Estimate*

^$ 1,295

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Studio

Multi-Family Home for sale in Lansing, MI

for $207,500. This 1,662 square foot 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

Multi-Family Active

Price

^$ 207,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,275

Style

ResidentialIncome

Year Built

1951

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000286684

Features

General

Sewer PublicSewer

Heating Central ForcedAir NaturalGas

Roof Shingle

Construction Materials ShingleSiding

Year Built 1951

Electric Service100Amp

Levels Two

Tax Year 2024

County Ingham

Net Operating Income 18025.0

Insurance Expense 800.0

New Construction N

Property Type ResidentialIncome

HOA N

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 LansingCity_Ingham

Disclosures LeadBasedPaint

Senior Community Y/N N

High School District Lansing

Zoning Description MultiFamily

Number Of Units Total 2

MLS Area Area11012Lansing

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 4275.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels 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

Interior

Basement Full

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1662.0

Laundry Features InBasement

Above Grade Finished Area Unit Type SquareFeet

Exterior

Parking Features Driveway

Water Source Public

Total Parking 4.0

Foundation Details Basement Block

Spa N

Building Area Total 1662.0

Lot Dimensions 49.50x120

Lot Size Acres 0.0

Frontage Length 49

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

David A. Barone

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 719-5727

Phone

Affordability Calculator

$1,651

Per Month

Monthly Principal & Interest: $1,295
Monthly Property Taxes: $356
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Lansing, MI

Average List Price ^$184,399

Percent of Sale Price 11%

About Lansing, MI

115,311 Population

-2% Since 2002

^$37,738 Median Income

35.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

848538 Elementary School

848373 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 with 1,662 sqft. 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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309 & 311 S Holmes Street

Multi-Family Home for sale in Lansing, MI

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