1606 Coleman Avenue Lansing, MI ^$ 199,000

1606 Coleman Avenue

^$ 199,000

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Recently Listed

1606 Coleman Avenue

Lansing, MI, 48910

^$ 199,000

Bedrooms-- Baths5.0 Sq 3,448

Monthly Estimate*

^$ 1,225

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Commercial Property for sale in Lansing, MI

for $199,000 with 5 full baths. This 3,448 square foot building was built in 1905 on a lot size of 0.13.

5 unit investment property available in Lansing. These are all 1 bed, 1 bath units. The building has a new roof (2023) and commercial boiler (2022). Utilities are billed back to tenants using a ratio utility billing system (RUBS) or flat fee. Property may be eligible for both commercial & conventional loans with some lenders. Sold as-is, buyer to verify all information.

Commercial Active

Price

^$ 199,000

Full Bath

Property Type

Commercial

Taxes

^$ 5,396

Style

Lot Size

0.13

Year Built

1905

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

294460

Features

General

Sewer Public Sewer

Heating Radiant

Cooling None

Roof Shingle

Appliances Refrigerator Range

Construction Materials Vinyl Siding

Year Built 1905

Township Lansing City

Levels Two

Property Subtype Multi Family

Tax Year 2025

Gross Income 58200

Business Type Residential

County Ingham

New Construction N

Property Type Commercial Sale

Attached Garage false

Subdivision Name Park Place

Garage Y/N N

Status Active

Directions From I-496 go south on S Washington Ave take a right on Moores River Dr to get to Coleman Ave.

City Lansing

High School District Lansing

Zoning Description Zoning

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 5662.8

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 5396

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 89800

Legal Description N 42 FT OF S 73 FT LOTS 1 & 2 BLOCK 3 PARK PLACE

Senior Community None

Interior

Basement Michigan

Basement (Y/N) N

Air Conditioning Y/N false

Heating Y/N true

Above Grade Finished Area 2832

Laundry Features None

Total Baths 5

Exterior

Parking Features On Site Parking Lot

Lot Features Back Yard City Lot

Water Source Public

Total Parking 6

Lot Size Area 0.13

Foundation Details Block

Building Area Total 3448

Lot Dimensions 42x132

Lot Size Acres 0.13

Waterfront Y/N N

Foundation Area 3448

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1606

* Excluded Features

List By

Caitlyn Fisher

Listing Agent

Home Towne Real Estate

Broker

cait.hometowne@gmail.com

Affordability Calculator

$1,675

Per Month

Monthly Principal & Interest: $1,225
Monthly Property Taxes: $450
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

Commerical listings in Lansing, MI

Average List Price ^$499,315

Percent of Sale Price 151%

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.

0 Elementary School

0 Middle School

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Pricing History

Date	Price	Price Change	Description
3/13/2026	$199,000		Listed Price

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1606 Coleman Avenue, Lansing, MI, 48910 is a Commercial Property for sale at $199,000 with 3,448 sqft and a lot size of 0.13. 1606 Coleman Avenue has 5.0 baths and was built in 1905. 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 3/14/2026.

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1606 Coleman Avenue

Commercial Property for sale in Lansing, MI

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