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429 N Sycamore Street Lansing, MI $ 125,000
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429 N Sycamore Street
$ 125,000
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429 N Sycamore Street

Lansing, MI, 48915
$ 125,000
Baths2.0

Monthly Estimate*

$ 770

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Studio

Multi-Family Home for sale in Lansing, MI

for $125,000 with 2 full baths. This home was built in 1895 on a lot size of 0.2.

Prime income property featuring three well-maintained units. Reliable cash flow from long-term tenants; immediate upside with one vacant unit that's ready to lease or show. Layout: Main level: spacious 2-bedroom, 1-bath with direct access to basement laundry. Upper level: comfortable 1-bedroom apartment plus a bright studio. Rents are $950, $800 and $700 respectively. Original hardwood floors run through most of the home, adding character and durability. Exterior is in excellent condition and designed for minimal upkeep. Furnace and water heater have been replaced. Ample off-street parking at the rear of the lot. Start turning a profit from day one—an ideal addition to any rental portfolio.

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Multi-Family Active

Price

$ 125,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.2

Year Built

1895

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

296429
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities High Speed Internet Available
Roof Shingle
Appliances Gas Water Heater
Patio/Porch Features Covered Front Porch
Construction Materials Vinyl Siding
Year Built 1895
Township Lansing City
Levels Two
Property Subtype Triplex
Tax Year 2025
County Ingham
Net Operating Income 18063.0
Operating Expense 11336.79
Property Type Resid/Multi-Family
Attached Garage N
Subdivision Name Original of Lansing
Garage Y/N N
Status Active
Directions W Saginaw to south on N Sycamore St. Property is on the west side.
City Lansing
Senior Community Y/N N
High School District Lansing
Zoning Description Zoning
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8712.0
Carport Y/N N
Land Lease Y/N N
Water Sewer Expense 7546.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 43367
Taxes 3790.79
Legal Description S 6 FT OF E 82.5 FT OF LOT 1 & E 116.68 FT OF N 33 FT LOT 2 BLOCK 76 ORIG PLAT
New Construction None
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Interior
Basement Interior Entry Michigan
Flooring Hardwood Vinyl
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Window Treatments
Above Grade Finished Area 1622.0
Laundry Features In Basement See Remarks
Total Baths 2
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Exterior
Exterior Amenities Balcony
Parking Features Common Driveway Gravel No Garage
Lot Features City Lot
Water Source Public
Total Parking 3.0
Lot Size Area 0.2
Foundation Details Concrete Perimeter
Spa N
Lot Dimensions 39 x 116.7
Lot Size Acres 0.2
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 429
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* Excluded Features
List By
MacIntyre & Cowen Team

Listing Agent

Re/Max Real Estate Professionals

Broker

peter.pmachomes@gmail.com

Email

Affordability Calculator

$770
Per Month
100%
0%
0%
Monthly Principal & Interest
$770
Monthly Property Taxes
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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
2075809 Elementary School
2075905 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2026$125,000 Listed Price

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429 N Sycamore Street, Lansing, MI, 48915 is a Multi-Family Home for sale at $125,000 with a lot size of 0.2. 429 N Sycamore Street is a studio with 2.0 baths and was built in 1895. The property's zip code is 48915 which is in Lansing, MI

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