821 N Chestnut Street Lansing City, MI $ 230,000
821 N Chestnut Street
$ 230,000
Recently Listed
Share Save

821 N Chestnut Street

Lansing City, MI, 48906
$ 230,000
Baths0.0 Sq 2,434

Monthly Estimate*

$ 1,416

821 N Chestnut Street, Lansing City, MI 48906 - Image 1
821 N Chestnut Street, Lansing City, MI 48906 - Image 2
821 N Chestnut Street, Lansing City, MI 48906 - Image 3
821 N Chestnut Street, Lansing City, MI 48906 - Image 4
821 N Chestnut Street, Lansing City, MI 48906 - Image 5
821 N Chestnut Street, Lansing City, MI 48906 - Image 6
821 N Chestnut Street, Lansing City, MI 48906 - Image 7
821 N Chestnut Street, Lansing City, MI 48906 - Image 8
821 N Chestnut Street, Lansing City, MI 48906 - Image 9
821 N Chestnut Street, Lansing City, MI 48906 - Image 10
821 N Chestnut Street, Lansing City, MI 48906 - Image 11
821 N Chestnut Street, Lansing City, MI 48906 - Image 12
821 N Chestnut Street, Lansing City, MI 48906 - Image 13
821 N Chestnut Street, Lansing City, MI 48906 - Image 14
Studio Multi-Family Home for sale in Lansing City, MI for $230,000. This 2,434 square foot home was built in 1875 on a lot size of 0.25.

Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.

See more

Multi-Family Active

Price

$ 230,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,277

Style

ResidentialIncome

Lot Size

0.25

Year Built

1875

Town/City

Lansing City

County/Region

INGHAM

MLS | Web ID

630000294367

Features
General
Sewer PublicSewer
Heating HotWater NaturalGas
Roof Shingle
Construction Materials VinylSiding
Year Built 1875
Electric Service100Amp
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ORIGINAL OF LANSING
Garage Y/N N
Status Active
Directions Chestnut Street
City LansingCity_Ingham
Disclosures LeadBasedPaint
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 3
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5277.15
Home Warranty Y/N N
Current Financing Conventional
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 62237
Legal Description LOT 3 BLOCK E SUB OF BLOCKS 26 & 27 ORIG PLAT
See more
Interior
Basement CrawlSpace
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2434.0
Laundry Features CommonArea
Above Grade Finished Area Unit Type SquareFeet
See more
Exterior
Parking Features Asphalt Private
Water Source Public
Total Parking 6.0
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
See more
Internal Only
Street Number 1 821
See more
* Excluded Features
List By
Senada Pargan

Listing Agent

Century 21 Affiliated

Broker

(517) 505-3296

Phone

Affordability Calculator

$1,856
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$440
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848538 Elementary School
848373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$230,000 Listed Price

Map


See all

821 N Chestnut Street, Lansing City, MI, 48906 is a Multi-Family Home for sale at $230,000 with 2,434 sqft and a lot size of 0.25. 821 N Chestnut Street is a studio with 0.0 baths and was built in 1875. The property's zip code is 48906 which is in Lansing City, MI