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1601 Bailey Street Lansing, MI $ 155,000
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$ 155,000 Get more info
1601 Bailey Street
$ 155,000
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1601 Bailey Street

Lansing, MI, 48910
$ 155,000
Baths0.0 Sq 1,156

Monthly Estimate*

$ 954

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Studio

Multi-Family Home for sale in Lansing, MI

for $155,000. This 1,156 square foot 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 renting for $700, and the lower unit currently occupied at $1,024. 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!

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Multi-Family Active

Price

$ 155,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,794

Style

ResidentialIncome

Lot Size

0.11

Year Built

1908

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000294168
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Roof Shingle
Garage Spaces 2.0
Construction Materials VinylSiding
Year Built 1908
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N Y
Status Active
Directions Take Cedar to Baker To Bailey
City LansingCity_Ingham
Disclosures LeadBasedPaint
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 3794.0
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 Active
Tax Assessed Value 54300
Legal Description LOT 15 BLOCK 1 ASSESSORS PLAT NO 28 REC L 10 P 33
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Interior
Basement Block Concrete Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1156.0
Laundry Features InBasement
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Exterior Amenities PrivateEntrance
Parking Features Driveway GarageFacesFront
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 42.85x114
Lot Size Acres 0.11
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Tina Batterson

Listing Agent

Home Towne Real Estate

Broker

(517) 775-9055

Phone

Affordability Calculator

$1,271
Per Month
75%
25%
0%
Monthly Principal & Interest
$954
Monthly Property Taxes
$316
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
848538 Elementary School
848373 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/26/2026$155,000 -3.13% Price Down
3/11/2026$160,000 -3.03% Price Down
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 $155,000 with 1,156 sqft and a lot size of 0.11. 1601 Bailey Street is a studio with 0.0 baths and was built in 1908. The property's zip code is 48910 which is in Lansing, MI

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