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

Lansing City, MI, 48906
$ 254,900
Baths0.0 Sq 1,348

Monthly Estimate*

$ 1,569

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Studio Multi-Family Home for sale in Lansing City, MI for $254,900. This 1,348 square foot 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 EastwoodTowne 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

$ 7,256

Style

ResidentialIncome

Lot Size

0.25

Year Built

2004

Town/City

Lansing City

County/Region

INGHAM

MLS | Web ID

630000294063

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Roof Shingle
Construction Materials Stucco VinylSiding
Year Built 2004
Electric Service100Amp
Levels Two
Tax Year 2025
County Ingham
Net Operating Income 24543.58
Operating Expense 7256.42
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions GPS
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7256.42
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 Active
Tax Assessed Value 86614
Taxes 7256.42
Legal Description LOT 17 BLOCK 4 ORIG PLAT
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Interior
Basement Full
Flooring Carpet Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1348.0
Laundry Features InBasement InUnit LaundryRoom
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Exterior Amenities RainGutters
Fencing None
Parking Features Driveway
Water Source Public
Total Parking 8.0
Foundation Details Basement Permanent
Spa N
Lot Dimensions 66X165
Lot Size Acres 0.25
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
Scott E Wheaton

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 243-5528

Phone

Affordability Calculator

$2,174
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,569
Monthly Property Taxes
$605
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
Pricing History
DatePricePrice ChangeDescription
2/23/2026$254,900 Listed Price

Map


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427-429 Liberty Street, Lansing City, MI, 48906 is a Multi-Family Home for sale at $254,900 with 1,348 sqft and 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 City, MI