607 Shepard Street Lansing, MI $ 149,900
607 Shepard Street
$ 149,900
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607 Shepard Street

Lansing, MI, 48912
$ 149,900
Bedrooms2 Baths0.0 Sq 1,472

Monthly Estimate*

$ 946

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Multi-Family Home for sale in Lansing, MI

for $149,900 with 2 bedrooms. This 1,472 square foot home was built in 1896 on a lot size of 0.19.

Turn-key investment opportunity in Lansing! This licensed duplex has been extensively updated and is ready for its next owner. Featuring an upper and lower unit with a shared entry hallway, shared basement with laundry hookups, and two separate driveways for convenient off-street parking, this property offers strong rental potential and low-maintenance ownership. Gas and electric are separately metered, allowing tenants to pay their own utilities. Major improvements have already been completed, including a new furnace and central air conditioning in the lower unit, new high-efficiency mini-split systems in the upper unit, a new basement drainage and sump pump system, new glass block basement windows, a new deck and exterior staircase, and a new crushed asphalt driveway.The property has also been refreshed with new light fixtures throughout, fresh interior paint, updated landscaping, and tree trimming. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this well-maintained duplex offers peace of mind with substantial recent updates and an active City of Lansing rental license already in place.

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Multi-Family Active

Price

$ 149,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 2,939

Style

ResidentialIncome

Lot Size

0.19

Year Built

1896

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000297047

Features
General
Sewer PublicSewer
Heating Ductless ForcedAir HeatPump NaturalGas
Cooling CentralAir Ductless HeatPump VariesByUnit
Roof Shingle
Construction Materials VinylSiding
Year Built 1896
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name PAUL PARK
Garage Y/N N
Status Active
Directions W on E Kalamazoo turn South on Shepard
City LansingCity_Ingham
Senior Community Y/N N
High School District Lansing
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2939.0
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
Occupancy Type Vacant
Tax Assessed Value 34137
Legal Description LOTS 29 & 30 PAUL PARK ADD
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Interior
Basement Common Full SumpPump
Flooring Carpet Linoleum Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1472.0
Laundry Features ElectricDryerHookup InBasement WasherHookup
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Fencing None
Parking Features Driveway OnStreet
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 66x127.1
Lot Size Acres 0.19
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 607
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* Excluded Features
List By
David Hall

Listing Agent

Achieve Real Estate Llc

Broker

(517) 712-8329

Phone

Affordability Calculator

$1,191
Per Month
79%
21%
0%
Monthly Principal & Interest
$946
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/24/2026$149,900 Listed Price

Map


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607 Shepard Street, Lansing, MI, 48912 is a Multi-Family Home for sale at $149,900 with 1,472 sqft and a lot size of 0.19. 607 Shepard Street has 2 bedrooms, 0.0 baths, and was built in 1896. The property's zip code is 48912 which is in Lansing, MI