1006 S Pennsylvania Avenue Lansing, MI ^$ 149,000

1006 S Pennsylvania Avenue

^$ 149,000

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Recently Listed

1006 S Pennsylvania Avenue

Lansing, MI, 48912

^$ 149,000

Studio Baths0.0

Monthly Estimate*

^$ 917

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 1

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 2

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 3

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 4

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 5

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 6

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 7

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 8

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 9

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 10

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 11

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 12

1006 S Pennsylvania Avenue, Lansing, MI 48912 - Image 13

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Studio

Multi-Family Home for sale in Lansing, MI

for $149,000. This home was built in 1929 on a lot size of 0.21.

Multi unit property located at 1006 S Pennsylvania Ave offering a strong investment opportunity. The lower unit has been fully updated with modern finishes, while the upper unit provides additional living space and rental potential. Property is tenant occupied with leases in place, providing immediate income. Recent updates include a new roof and mostly new windows. Situated on a double lot with a fenced yard and detached garage. This property offers excellent long term rental potential and is ideal for investors looking to expand their portfolio.

Multi-Family Active

Price

^$ 149,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,994

Style

2 to 4 Units

Lot Size

0.21

Year Built

1929

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

26014328

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Natural Gas Connected Electricity Connected

Possession Close Of Escrow Subject To Tenant Rights

Construction Materials Shingle Siding

Exclusions washer dryer tv mounts and any security Camaras they would ne tenant owned

Year Built 1929

Tenant Pays Electric Trash Sewer Gas

Township Lansing City

Property Subtype 2 to 4 Units

Tax Year 2024

County Ingham

New Construction N

Property Type Multi Family

Status Active

Directions Head south on N Capitol Ave. Turn left onto W Michigan Ave then take the 2nd exit at the roundabout onto E Michigan Ave. Turn right onto S Cedar St then left onto the ramp toward I 496 E. Turn right

City Lansing

High School District Lansing

Zoning Description R2

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 9148.0

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 3994.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 47747

Legal Description LOTS 7 & 8 RAIDERS ADD

Senior Community None

Interior

Basement Michigan Basement

Basement (Y/N) Y

Heating Y/N Y

Total Baths 0

Exterior

Total Parking 2.0

Lot Size Area 0.21

Number of Buildings 1

Spa N

Lot Dimensions 44x124

Lot Size Acres 0.21

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1006

* Excluded Features

List By

Five Star Real Estate (Ada)

Broker

klhulliberger@gmail.com

Affordability Calculator

$1,250

Per Month

Monthly Principal & Interest: $917
Monthly Property Taxes: $333
Monthly Home Insurance: --

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Yearly Property Taxes

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

Multi-family listings in Lansing, MI

Average List Price ^$183,194

Percent of Sale Price 23%

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.

1144908 Elementary School

1144919 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$149,000		Listed Price

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1006 S Pennsylvania Avenue, Lansing, MI, 48912 is a Multi-Family Home for sale at $149,000 with a lot size of 0.21. 1006 S Pennsylvania Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 48912 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 Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/20/2026.

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1006 S Pennsylvania Avenue

Multi-Family Home for sale in Lansing, MI

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