217 N Magnolia Avenue Lansing, MI $ 150,000
217 N Magnolia Avenue
$ 150,000
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217 N Magnolia Avenue

Lansing, MI, 48912
$ 150,000
Baths0.0 Sq 1,526

Monthly Estimate*

$ 924

217 N Magnolia Avenue, Lansing, MI 48912 - Image 1
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217 N Magnolia Avenue, Lansing, MI 48912 - Image 10
Studio

Multi-Family Home for sale in Lansing, MI

for $150,000. This 1,526 square foot home was built in 1907 on a lot size of 0.18.

This 2-unit duplex on the desirable east side of Lansing offers an outstanding investment opportunity just minutes from MSU, Downtown Lansing, and the Frandor Shopping Center. Currently fully occupied and generating $2,160 per month in rental income, this property provides immediate, reliable cash flow. Each unit offers comfortable living space with access to a shared unfinished basement with shared laundry and a fully fenced backyard that adds privacy and outdoor enjoyment for tenants. A detached two-car garage further enhances the property's value and convenience. With its prime location near major employers, shopping, dining, and campus amenities, this duplex is a smart addition to any investment portfolio.

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Multi-Family Coming Soon

Price

$ 150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,003

Style

ResidentialIncome

Lot Size

0.18

Year Built

1907

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000294186

Features
General
Sewer PublicSewer
Heating Central NaturalGas
Roof Shingle
Garage Spaces 2.0
Construction Materials ShingleSiding
Year Built 1907
Electric Service100Amp
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name COLUMBIA PARK
Garage Y/N Y
Other Structures Garages
Status Coming Soon
Directions E Michigan to N Magnolia
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description Residential
Number Of Units Total 2
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5003.24
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 ComingSoon
Tax Assessed Value 58760
Expected Active Date 2026-03-13
Legal Description LOTS 94 & 95 COLUMBIA PARK
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Interior
Basement Common
Flooring Carpet Laminate
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1526.0
Laundry Features InBasement
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Fencing BackYard
Parking Features Detached Driveway Garage Gravel
Water Source Public
Total Parking 2.0
Spa N
Lot Dimensions 66x125
Lot Size Acres 0.18
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 1 217
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* Excluded Features
List By
Michaela Martin

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 582-1808

Phone

Affordability Calculator

$1,340
Per Month
69%
31%
0%
Monthly Principal & Interest
$924
Monthly Property Taxes
$417
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
3/2/2026$150,000 Listed Price

Map


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217 N Magnolia Avenue, Lansing, MI, 48912 is a Multi-Family Home for sale at $150,000 with 1,526 sqft and a lot size of 0.18. 217 N Magnolia Avenue is a studio with 0.0 baths and was built in 1907. The property's zip code is 48912 which is in Lansing, MI