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1023 S Pennsylvania Avenue Lansing, MI $ 249,800
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1023 S Pennsylvania Avenue
$ 249,800
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1023 S Pennsylvania Avenue

Lansing, MI, 48912
$ 249,800
Baths0.0 Sq 2,305

Monthly Estimate*

$ 1,577

1023 S Pennsylvania Avenue, Lansing, MI 48912 - Image 1
Studio

Multi-Family Home for sale in Lansing, MI

for $249,800. This 2,305 square foot home was built in 1928 on a lot size of 0.24.

Established 3-unit multi-family in Lansing's central Holmes Street area, fully occupied and producing steady rental income. Solid 1928-built brick-and-frame building offering approximately 2,305 square feet across three units. Off-street parking. Convenient to Sparrow Hospital, Frandor, and downtown a consistently strong rental location. Great buy-and-hold opportunity. Please do not disturb tenants. Buyer to verify all information.

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Multi-Family Active

Price

$ 249,800

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,952

Style

ResidentialIncome

Lot Size

0.24

Year Built

1928

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000297987
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Construction Materials VinylSiding
Year Built 1928
Levels Two
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions Mt Hope to Pennsylvania
City LansingCity_Ingham
Disclosures LeadBasedPaint
Senior Community Y/N N
High School District Lansing
Zoning Description Residential
Number Of Units Total 3
MLS Area Area11012Lansing
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3952.0
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 45418
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/31/2022. LOT 7 & S 38.5 FT LOT 6 BLOCK 8 MANUFACTURERS ADD NO 2
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2305.0
Laundry Features ElectricDryerHookup WasherHookup
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features OnStreet
Water Source Public
Total Parking 3.0
Foundation Details Basement
Spa N
Lot Dimensions 78.5x134.4
Lot Size Acres 0.24
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 1023
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* Excluded Features
List By
Rob Buffington

Listing Agent

White Pine Sotheby's International Realty

Broker

(517) 300-3637

Phone

Affordability Calculator

$1,907
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,577
Monthly Property Taxes
$329
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2026$249,800 Listed Price

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1023 S Pennsylvania Avenue, Lansing, MI, 48912 is a Multi-Family Home for sale at $249,800 with 2,305 sqft and a lot size of 0.24. 1023 S Pennsylvania Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 48912 which is in Lansing, MI

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