1601 Bailey Street Lansing, MI ^$ 165,000

1601 Bailey Street

^$ 165,000

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Recently Listed

1601 Bailey Street

Lansing, MI, 48910

^$ 165,000

Studio Baths2.0

Monthly Estimate*

^$ 1,016

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Studio

Multi-Family Home for sale in Lansing, MI

for $165,000 with 2 full baths. This home was built in 1908 on a lot size of 0.11.

Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently vacant, for easy showing, and the lower unit currently occupied at $1,024. The vacant unit is move-in ready, offering immediate rental potential. The property also includes a coin-operated laundry facility, providing a great opportunity for additional income. With a strong rental history and desirable location, this property is ideal for investors looking to maximize their return. Don't miss this exceptional opportunity!

Multi-Family Active

Price

^$ 165,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.11

Year Built

1908

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

294168

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling None

Roof Shingle

Garage Spaces 2.0

Patio/Porch Features Front Porch

Construction Materials Vinyl Siding

Year Built 1908

Township Lansing City

Levels Two

Property Subtype Duplex

Tax Year 2025

County Ingham

Property Type Resid/Multi-Family

Attached Garage N

Subdivision Name None

Garage Y/N N

Status Active

Directions Take Cedar to Baker To Bailey

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 4791.6

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 54300

Legal Description LOT 15 BLOCK 1 ASSESSORS PLAT NO 28 REC L 10 P 33

New Construction None

Interior

Basement Block Concrete Full

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 1156.0

Laundry Features In Basement

Total Baths 2

Exterior

Exterior Amenities Private Entrance

Parking Features Driveway Garage Faces Front

Water Source Public

Total Parking 2.0

Lot Size Area 0.11

Spa N

Lot Dimensions 42.85x114

Lot Size Acres 0.11

Waterfront Y/N N

Road Frontage Type City Street

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1601

* Excluded Features

List By

Tina Batterson

Listing Agent

Home Towne Real Estate

Broker

tina.hometowne@gmail.com

Affordability Calculator

$1,016

Per Month

Monthly Principal & Interest: $1,016
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Lansing, MI

Average List Price ^$196,797

Percent of Sale Price 19%

About Lansing, MI

115,311 Population

-2% Since 2002

^$37,738 Median Income

35.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2075809 Elementary School

2075905 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/28/2026	$165,000		Listed Price

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1601 Bailey Street, Lansing, MI, 48910 is a Multi-Family Home for sale at $165,000 with a lot size of 0.11. 1601 Bailey Street is a studio with 2.0 baths and was built in 1908. The property's zip code is 48910 which is in Lansing, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the IDX Program of The Greater Lansing Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/1/2026.

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1601 Bailey Street

Multi-Family Home for sale in Lansing, MI

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