1606 Coleman Avenue Lansing, MI $ 214,900
1606 Coleman Avenue
$ 214,900
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1606 Coleman Avenue

Lansing, MI, 48910
$ 214,900
Bedrooms-- Baths5.0

Monthly Estimate*

$ 1,341

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Commercial Property for sale in Lansing, MI

for $214,900 with 5 full baths. This building was built in 1905 on a lot size of 0.25.

5 unit investment property available in Lansing for under $45k per unit! These are all 1 bed, 1 bath units. The building has a new roof (2023) and commercial boiler (2022). Utilities are billed back to tenants using a ratio utility billing system (RUBS). The current mortgage on this property is assumable for qualified buyers and in the past, both commercial & conventional loans were available with some lenders. Sold as-is, buyer to verify all information.; Building1 Description: 5 Unit Multi-Family

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Commercial Active

Price

$ 214,900

Full Bath

5

Property Type

Commercial

Taxes

$ 5,396

Style

CommercialSale

Lot Size

0.25

Year Built

1905

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000293204

Features
General
Sewer PublicSewer
Heating Radiant
Roof Shingle
Appliances Refrigerator Range
Construction Materials VinylSiding
Year Built 1905
Stories Count 2
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PARK PLACE
Garage Y/N N
Status Active
Directions From I496 take exit for MLK and go south then turn left on Barnes St and take to Coleman.
City LansingCity_Ingham
Disclosures ProjectedIncome
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 5
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5396.0
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 89800
Legal Description N 42 FT OF S 73 FT LOTS 1 & 2 BLOCK 3 PARK PLACE
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Exterior
Parking Features ParkingLot OnSite
Lot Features BackYard CityLot
Water Source Public
Foundation Details MichiganBasement
Spa N
Building Area Total 0.0
Lot Dimensions 42x132
Lot Size Acres 0.25
Waterfront Y/N N
Foundation Area 3448.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2832.0
Laundry Features None
Above Grade Finished Area Unit Type SquareFeet
Total Baths 5
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Internal Only
Street Number 1 1606
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* Excluded Features
List By
Caitlyn Fisher

Listing Agent

Home Towne Real Estate

Broker

(248) 763-0043

Phone

Affordability Calculator

$1,790
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,341
Monthly Property Taxes
$450
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
12/28/2025$214,900 Listed Price

Map


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1606 Coleman Avenue, Lansing, MI, 48910 is a Commercial Property for sale at $214,900 with a lot size of 0.25. 1606 Coleman Avenue has 5.0 baths and was built in 1905. The property's zip code is 48910 which is in Lansing, MI