1614 S Washington Avenue Lansing, MI $ 170,500
1614 S Washington Avenue
$ 170,500
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1614 S Washington Avenue

Lansing, MI, 48910
$ 170,500
Baths0.0 Sq 1,545

Monthly Estimate*

$ 1,050

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Studio

Multi-Family Home for sale in Lansing, MI

for $170,500. This 1,545 square foot home was built in 1910 on a lot size of 0.11.

TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4- UNITS INCLUDING 3-EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. THE LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ALSO BENEFIT FROM A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS AND GUESTS. PRIME LOCATION CLOSE TO DOWNTOWN LANSING, REO TOWN, AND OLD TOWN WITH EASY ACCESS TO GROCERY STORES, DINING, & THE CATA BUS LINE FOR . INVESTORS WILL ALSO APPRECIATE THE UNIQUE OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1612 S WASHINGTON, WHICH IS ALSOA QUADPLEX CURRENTLY FOR SALE WHICH CREATES THE POTENTIAL TO OWN 8 SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO WITH A SOLID INCOME-PRODUCING PROPERTY.

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Multi-Family Active

Price

$ 170,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,643

Style

ResidentialIncome

Lot Size

0.11

Year Built

1910

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000294469

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Roof Shingle
Construction Materials VinylSiding
Year Built 1910
Levels Two
Tax Year 2025
County Ingham
Net Operating Income 19301.0
Operating Expense 6600.0
Insurance Expense 1300.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name PARK PLACE
Garage Y/N N
Status Active
Directions MLK / W BARNES AVE. EAST ON W BARNES AVE TO ALLY WAY. NORTH ON ALLY WAY TO PARKING LOT BEHIND PROPERTY. PROPERTY FACES S. WASHINGTON. PARKING ENTRANCE ON ALLY WAY.
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5643.0
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 63212
Taxes 5643.0
Legal Description S 1/2 LOT 3 BLOCK 2 PARK PLACE
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Exterior
Parking Features AdditionalParking ParkingLot
Water Source Public
Total Parking 4.0
Foundation Details MichiganBasement
Spa N
Lot Dimensions 33x148.5
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1545.0
Laundry Features Other
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1614
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* Excluded Features
List By
John Hagerty, Jr.

Listing Agent

Five Star Real Estate - Lansing

Broker

(517) 803-5868

Phone

Affordability Calculator

$1,520
Per Month
69%
31%
0%
Monthly Principal & Interest
$1,050
Monthly Property Taxes
$470
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
3/14/2026$170,500 Listed Price

Map


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1614 S Washington Avenue, Lansing, MI, 48910 is a Multi-Family Home for sale at $170,500 with 1,545 sqft and a lot size of 0.11. 1614 S Washington Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 48910 which is in Lansing, MI