412 S Hayford Avenue Lansing, MI $ 300,000
412 S Hayford Avenue
$ 300,000
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412 S Hayford Avenue

Lansing, MI, 48912
$ 300,000
Baths0.0 Sq 1,672

Monthly Estimate*

$ 1,872

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Studio

Multi-Family Home for sale in Lansing, MI

for $300,000. This 1,672 square foot home was built in 1904 on a lot size of 0.19.

Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all!Investor: ita(tm)s currently in short term rental with current cap rate around 11 (3units renting out, 5yrs data consistently) with all four units rent out cap rate can go up to 14 (or higher to 17, a data point, if you would work for yourself, you may get 100% cash to cash returns, so you can buy another property after a year to building up your conglomerate). You can raise up capital by reducing the minimum night of staying to 1 night (owner required 2 nights minimum of staying), 1 night is too busy, owner doesna(tm)t want it. Homeowner: it can switch to flex plan 3 units.The owner occupied 3 bed, 2 bath (2unit combined by just opening the door) with big attic for storage, and two units for renting out. You are staying for free with 2 units paying for the mortgage and never getting house loss when you would fall in hardship, or you may want to taking care of older and younger in family, or working at home, many possibilities. If you want to escape 9-5 jobs, it is simple enough jut working for yourself (staying in 1 unit and renting out 3 units) with your own schedule: a couple hours per day or per week, it depends on the length of the staying.

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,456

Style

ResidentialIncome

Lot Size

0.19

Year Built

1904

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000287209

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling WindowUnits
Roof Shingle
Construction Materials AluminumSiding
Year Built 1904
Tax Year 2024
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LESLIE PARK
Garage Y/N N
Status Active
Directions KALAMAZOO SOUTH TO S HAYFORD
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Residential
Number Of Units Total 4
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2456.0
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
Tax Assessed Value 37993
Legal Description LOTS 401 & 402 LESLIE PARK SUB
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Interior
Basement Full
Flooring Hardwood
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1672.0
Laundry Features InUnit
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Exterior Amenities Storage
Fencing Partial
Parking Features AlleyAccess Concrete
Water Source Public
Total Parking 6.0
Foundation Details Basement
Spa N
Lot Dimensions 66x127
Lot Size Acres 0.19
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 1 412
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* Excluded Features
List By
Morgan Meredith

Listing Agent

Keller Williams Realty Lansing

Broker

(517) 505-1422

Phone

Affordability Calculator

$2,076
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$205
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
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2025$300,000 -3.23% Price Down
4/7/2025$310,000 Listed Price

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412 S Hayford Avenue, Lansing, MI, 48912 is a Multi-Family Home for sale at $300,000 with 1,672 sqft and a lot size of 0.19. 412 S Hayford Avenue is a studio with 0.0 baths and was built in 1904. The property's zip code is 48912 which is in Lansing, MI