1606 Coleman Avenue Lansing, MI $ 199,000
1606 Coleman Avenue
$ 199,000
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1606 Coleman Avenue

Lansing, MI, 48910
$ 199,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 1,225

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Commercial Property for sale in Lansing, MI

for $199,000 with 5 full baths. This 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.; Building1 Description: 5 Unit Multi-Family

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Commercial Active

Price

$ 199,000

Full Bath

5

Property Type

Commercial

Taxes

$ 5,396

Style

CommercialSale

Lot Size

0.13

Year Built

1905

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000294460

Features
General
Sewer PublicSewer
Heating Radiant
Roof Shingle
Appliances Refrigerator Range
Construction Materials VinylSiding
Year Built 1905
Stories Count 2
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
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 LansingCity_Ingham
Disclosures ProjectedIncome
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 5
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5396.0
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
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 89800
Legal Description N 42 FT OF S 73 FT LOTS 1 & 2 BLOCK 3 PARK PLACE
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Exterior
Parking Features ParkingLot OnSite
Lot Features BackYard CityLot
Water Source Public
Foundation Details Block MichiganBasement
Spa N
Building Area Total 0.0
Lot Dimensions 42x132
Lot Size Acres 0.13
Waterfront Y/N N
Foundation Area 3448.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2832.0
Laundry Features None
Above Grade Finished Area Unit Type SquareFeet
Total Baths 5
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Internal Only
Street Number 1 1606
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* Excluded Features
List By
Caitlyn Fisher

Listing Agent

Home Towne Real Estate

Broker

(248) 763-0043

Phone

Affordability Calculator

$1,675
Per Month
73%
27%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$450
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
3/13/2026$199,000 Listed Price

Map


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1606 Coleman Avenue, Lansing, MI, 48910 is a Commercial Property for sale at $199,000 with 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