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829 E Shiawassee Street Lansing, MI $ 1,250,000
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829 E Shiawassee Street
$ 1,250,000
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829 E Shiawassee Street

Lansing, MI, 48912
$ 1,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,696

829 E Shiawassee Street, Lansing, MI 48912 - Image 1
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Commercial Property for sale in Lansing, MI

for $1,250,000. This building was built in 1967 on a lot size of 0.33.

An exceptional opportunity to own two small multifamily properties in a prime Lansing location. Conveniently located near University of Michigan Health-Sparrow Hospital, Neogen, and the Stadium District, this offering is well positioned for consistent rental demand. Current rents are below market, providing significant upside potential and an opportunity to increase cash flow. The properties are contiguous along the north side of E Shiawassee St. 821 - 8 units, new high eff boiler, Landlord pays: Heat, water, trash. 829 - 13 units, new high eff boiler, Landlord pays: Heat, water, trash.; Building1 Description: 821 E Shiawassee - 8 units (7-1br/1ba & 1-2br/1ba); Building2 Description: 829 E Shiawassee - 13 units (9-1br/1ba & 4-2br/1ba

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 24,605

Style

CommercialSale

Lot Size

0.33

Year Built

1967

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000293356
Features
General
Sewer PublicSewer
Heating HotWater
Cooling WindowUnits
Construction Materials Brick
Year Built 1967
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions Saginaw St to Pennsylvania Ave South to Shiawassee St West to properties
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 21
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 24605.0
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 296010
Legal Description LOTS 36 & 37 BLOCK 2 ASSESSORS PLAT NO 7
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 13580.0
Laundry Features CommonArea
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features ParkingLot
Water Source Public
Spa N
Building Area Total 0.0
Lot Dimensions 49.5' x 167' & 82.5' x 169'
Lot Size Acres 0.33
Waterfront Y/N N
Foundation Area 6790.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 829
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* Excluded Features
List By
Benjamin Parker

Listing Agent

Apex Appraisal Company Llc

Broker

(517) 290-5100

Phone

Affordability Calculator

$9,747
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$2,050
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
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Pricing History
DatePricePrice ChangeDescription
1/8/2026$1,250,000 Listed Price

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829 E Shiawassee Street, Lansing, MI, 48912 is a Commercial Property for sale at $1,250,000 with a lot size of 0.33. 829 E Shiawassee Street was built in 1967. The property's zip code is 48912 which is in Lansing, MI

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