1031 N Washington Avenue Lansing, MI $ 295,000
1031 N Washington Avenue
$ 295,000
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1031 N Washington Avenue

Lansing, MI, 48906
$ 295,000
Baths2.0 Sq 2,727

Monthly Estimate*

$ 1,816

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Studio

Multi-Family Home for sale in Lansing, MI

for $295,000 with 2 full baths. This 2,727 square foot home was built in 1860 on a lot size of 0.25.

Historic mixed-use opportunity in the heart of Old Town Lansing. This versatile property offers 2,727 SF with a ground-floor office suite and an upper-level residential unit, each with separate entrances. Zoned DT-1 (Downtown 1), the building supports a variety of commercial, office, and residential uses. The lower level is currently occupied by an engineering firm whose ownership is relocating, creating near-term availability for an owner-occupant or investor seeking to lease at market rates. The space features high ceilings, strong natural light, a half bathroom, a kitchenette, and a flexible layout suitable for professional services, creative office, or potential residential conversion with improvements. The upper level includes a six-bedroom apartment with a shared kitchen and full bath, previously leased by the room at approximately $375 per bedroom. One bedroom is currently leased through August. Separate meters, rear access, and parking enhance rental flexibility and tenant appeal. Potential configurations include a single large office, two office suites, two residential units (with added shower/range on lower level), live/work configuration, or conversion to a single-family residence. Prominent frontage along N. Washington Avenue provides visibility within one of Lansing's most walkable and vibrant districts. Ideal for owner-users, investors, or buyers seeking adaptive reuse in a strong mixed-use corridor.

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Multi-Family Coming Soon

Price

$ 295,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,763

Style

Colonial

Lot Size

0.25

Year Built

1860

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

60970684

Features
Interior
Interior Amenities DSL Available
Basement MI Basement
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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General
Heating Forced Air
Possession Subject To Tenant Rights
Status Active Coming Soon
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1860
Parking On Street
Subdivision Original Of Lansing MI
Style Colonial
County Ingham
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Corporation
Municipality Lansing
Sale/Rent For Sale
Status Detail 4
Structure Style 2 Story
Area Lansing (33021)
Primary City Lansing
Directions From US-127 North take the Saginaw Street exit toward Downtown Lansing. Turn left (west) onto E. Saginaw Street
City Lansing
School District Lansing Public School District
Financial Terms Cash Conventional Exchange/Trade
Legal Description E 100 FT OF S 21 FT LOT 1 & E 100 FT OF N 33 FT LOT 2 BLOCK 41 ORIG PLAT
DOM 1
Postal Code 48906
Price Per Sq Ft Total AG 108.18
Public Remarks Historic mixed-use opportunity in the heart of Old Town Lansing. This versatile property offers 2 727 SF with a ground-floor office suite and an upper-level residential unit
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Exterior
Exterior Wood
Exterior Amenities Patio
Frontage 54
Lot Size Area 0.25
Lot Dimensions 54X100
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Audrey Schultz

Listing Agent

Exp Realty Main

Broker

audrey.schultz@exprealty.com

Email

Affordability Calculator

$2,213
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$397
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
1302915 Elementary School
1302913 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$295,000 Listed Price

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1031 N Washington Avenue, Lansing, MI, 48906 is a Multi-Family Home for sale at $295,000 with 2,727 sqft and a lot size of 0.25. 1031 N Washington Avenue is a studio with 2.0 baths and was built in 1860. The property's zip code is 48906 which is in Lansing, MI