427-429 Liberty Street Lansing, MI $ 254,900
427-429 Liberty Street
$ 254,900
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427-429 Liberty Street

Lansing, MI, 48906
$ 254,900
Baths0.0

Monthly Estimate*

$ 1,569

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Studio

Multi-Family Home for sale in Lansing, MI

for $254,900. This home was built in 2004 on a lot size of 0.25.

Rare opportunity to own a duplex built in 2004. Newer construction means poured foundation walls, vinyl siding, vinyl windows, PVC plumbing, and newer electrical so you can focus on cash flow instead of major capital expenses. Properties like this simply do not come available often. This duplex is priced with strong returns in mind, offering room for immediate cash flow without the need to raise rents on day one. Whether you are adding to your portfolio or looking for a low maintenance entry into investing, this property checks the boxes. The tenant is month-to-month creating opportunities for owner occupants or FHA buyers. The location is hard to beat. Walking distance to Old Town and just minutes from the Michigan State Capitol, Cooley Law School, Lansing Community College, and Eastwood Towne Center. Easy access to Cedar, Larch, and Saginaw makes commuting anywhere in the city simple and convenient. For investors who have been waiting for a newer duplex in a prime Lansing location, this is the one.

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Multi-Family Active

Price

$ 254,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.25

Year Built

2004

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

294063

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities High Speed Internet Available Cable Available
Roof Shingle
Appliances Gas Water Heater
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Vinyl Siding Stucco
Year Built 2004
Electric 100 Amp Service
Township Lansing City
Levels Two
Property Subtype Duplex
Tax Year 2025
County Ingham
Net Operating Income 24543.58
Operating Expense 7256.42
Property Type Resid/Multi-Family
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions GPS
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 10890.0
Carport Y/N N
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 86614
Taxes 7256.42
Legal Description LOT 17 BLOCK 4 ORIG PLAT
New Construction None
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Interior
Basement Full
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1348.0
Laundry Features In Basement In Unit Laundry Room
Total Baths 0
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Exterior
Exterior Amenities Rain Gutters
Fencing None
Parking Features Driveway
Lot Features Rectangular Lot
Water Source Public
Total Parking 8.0
Lot Size Area 0.25
Foundation Details Permanent
Spa N
Lot Dimensions 66X165
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 427429
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* Excluded Features
List By
Scott E Wheaton

Listing Agent

Re/Max Real Estate Professionals

Broker

scottwheatonre@gmail.com

Email

Affordability Calculator

$1,569
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,569
Monthly Property Taxes
--
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
2075809 Elementary School
2075905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$254,900 Listed Price

Map


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427-429 Liberty Street, Lansing, MI, 48906 is a Multi-Family Home for sale at $254,900 with a lot size of 0.25. 427-429 Liberty Street is a studio with 0.0 baths and was built in 2004. The property's zip code is 48906 which is in Lansing, MI