207 Allen Street Lansing, MI $ 139,900
207 Allen Street
$ 139,900
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207 Allen Street

Lansing, MI, 48912
$ 139,900
Baths0.0 Sq 1,504

Monthly Estimate*

$ 861

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Studio

Multi-Family Home for sale in Lansing, MI

for $139,900. This 1,504 square foot home was built in 1916 on a lot size of 0.1.

Looking for a well-designed duplex with solid cash flow in Lansing's Eastside Neighborhood? This one deserves a closer look. This two-unit property brings in $1,650 per month in total rents, with the downstairs unit leased through July, providing immediate income. The lower unit features two bedrooms and one full bath, showcasing beautiful original trim, generously sized bedrooms, and classic Eastside character that tenants love. Upstairs, you'll find a cozy one-bedroom, one-bath unit that's clean, move-in ready, and easy to rent. The big-ticket items are already handled: New roof (2023), Brand-new furnace (2025), One water heater replaced in 2022, separately metered water and electric. Outside, there's a garage offering extra parking or valuable storage space.A solid Eastside investment with updates in place, stable rental income, and long-term upside situated perfectly between Downtown Lansing and Michigan State University.

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Multi-Family Contingent

Price

$ 139,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,323

Style

ResidentialIncome

Lot Size

0.1

Year Built

1916

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000293089

Features
General
Sewer PublicSewer
Heating ForcedAir
Construction Materials VinylSiding
Year Built 1916
Levels Two
Tax Year 2025
County Ingham
Insurance Expense 911.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name HALLS
Garage Y/N Y
Status Active Under Contract
Directions GPS
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Residential
Number Of Units Total 2
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3323.0
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
Virtual Tour https://www.zillow.com/view-imx/c5635408-9b8e-4a25-b624-69b3dd163ad4/?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true&utm_source=email&utm_medium=email&utm_campaign=emm-3dtourpublishe https://www.zillow.com/view-imx/c5635408-9b8e-4a25-b624-69b3dd163ad4/?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true&utm_source=email&utm_medium=email&utm_campaign=emm-3dtourpublishe
Standard Status ActiveUnderContract
Tax Assessed Value 39534
Legal Description N 1/2 LOT 15 BLOCK 1 HALLS ADD
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1504.0
Laundry Features InBasement
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features Driveway Garage
Water Source Public
Total Parking 3.0
Foundation Details Basement
Spa N
Lot Dimensions 33x132
Lot Size Acres 0.1
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 1 207
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* Excluded Features
List By
Rooted Real Estate Of Greater Lansing

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 258-1345

Phone

Affordability Calculator

$1,138
Per Month
76%
24%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
$277
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/15/2025$139,900 Listed Price

Map


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207 Allen Street, Lansing, MI, 48912 is a Multi-Family Home for sale at $139,900 with 1,504 sqft and a lot size of 0.1. 207 Allen Street is a studio with 0.0 baths and was built in 1916. The property's zip code is 48912 which is in Lansing, MI