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226-230 N Grace Street Lansing, MI $ 145,000
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$ 145,000 Get more info
226-230 N Grace Street
$ 145,000
Back to search
Share Save

226-230 N Grace Street

Lansing, MI, 48917
$ 145,000
Baths0.0 Sq 1,497

Monthly Estimate*

$ 893

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Studio

Multi-Family Home for sale in Lansing, MI

for $145,000. This 1,497 square foot home was built in 1967 on a lot size of 0.23.

Smart Living or Savvy Investing! Discover this rare opportunity to own a turnkey duplex in the desirable Waverly School District. Live in one side and let the tenant next door pay your mortgage, or add a high-performing asset to your portfolio. Both units feature 2 bedrooms and functional layouts. Currently fully occupied, this property offers immediate cash flow in a prime location.Rental & Lease Information: Rents: Unit 226 - $800/month Unit 230 - $750/month Utilities: Tenants pay heat and electricity. Maintenance: Seller handles snow removal, lawn care, and trash. Lease Terms: Unit 230 lease active through June 30, 2026. Lease for Unit 226 forthcoming (expected soon).

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Multi-Family Contingent

Price

$ 145,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,616

Style

ResidentialIncome

Lot Size

0.23

Year Built

1967

Town/City

Lansing

County/Region

Eaton

MLS | Web ID

630000293947
Features
General
Sewer PublicSewer
Heating Electric
Construction Materials AluminumSiding Brick
Year Built 1967
Levels BiLevel
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MICHIGAN HEIGHT
Garage Y/N N
Status Active Under Contract
Directions WAVERLY/MICHIGAN AVE EAST TO N GRACE
City LansingCharterTownship_Ingham
Senior Community Y/N N
High School District Waverly
Zoning Description Residential
Number Of Units Total 2
MLS Area Area11011LansingCharterTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3616.0
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 ActiveUnderContract
Tax Assessed Value 49197
Taxes 3616.0
Legal Description LOT 141 & LOT 142 MICHIGAN HEIGHTS.
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Interior
Basement None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1497.0
Laundry Features WasherHookup
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Fencing Fenced
Parking Features Driveway NoGarage
Water Source Public
Total Parking 6.0
Foundation Details Slab
Spa N
Lot Dimensions 77X128
Lot Size Acres 0.23
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Karen Fisher-Austin

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 290-4493

Phone

Affordability Calculator

$1,194
Per Month
75%
25%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
$301
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3298287 Elementary School
3298286 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/13/2026$145,000 Listed Price

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226-230 N Grace Street, Lansing, MI, 48917 is a Multi-Family Home for sale at $145,000 with 1,497 sqft and a lot size of 0.23. 226-230 N Grace Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 48917 which is in Lansing, MI

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