815 Prospect Street Lansing, MI $ 75,000
815 Prospect Street
$ 75,000
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815 Prospect Street

Lansing, MI, 48912
$ 75,000
Baths2.0

Monthly Estimate*

$ 474

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Studio

Multi-Family Home for sale in Lansing, MI

for $75,000 with 2 full baths. This home was built in 1903 on a lot size of 0.1.

Unlock the potential of this oversized brick investment property in Lansing's Eastside redevelopment area. Previously configured as a 3-unit, this property offers multiple value-add opportunities for investors, flippers, and landlords looking for their next project. With the potential for up to 8 bedrooms and 3 full baths, the spacious layout provides flexibility for a variety of renovation plans. Many original hardwood floors, woodwork, and architectural details remain, making it an excellent candidate for a high-value restoration. This is a full-rehab project requiring major mechanical updates, but the size, character, and income potential make it well worth the investment. Whether you're building long-term rental cash flow, planning a fix-and-flip, or restoring a historic property, this is an opportunity to add significant value.

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Multi-Family Active

Price

$ 75,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1

Year Built

1903

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

297891

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Roof Shingle
Construction Materials Vinyl Siding Brick
Year Built 1903
Township Lansing City
Levels Two and One Half
Property Subtype Triplex
Tax Year 2025
County Ingham
Property Type Resid/Multi-Family
Attached Garage N
Subdivision Name Green Oak
Garage Y/N N
Status Active
Directions Michigan to Penn S to Prospect W. to home
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 4356.0
Carport Y/N N
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 57036
Legal Description E 2 R LOTS 8 & 10 BLOCK 7 GREEN OAK ADD
New Construction None
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Interior
Basement Full
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 2460.0
Laundry Features Laundry Room
Total Baths 2
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Exterior
Parking Features Driveway No Garage
Water Source Public
Total Parking 3.0
Lot Size Area 0.1
Spa N
Lot Dimensions 33x132
Lot Size Acres 0.1
Road Surface Type Paved
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 1 815
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* Excluded Features
List By
David Hall

Listing Agent

Achieve Real Estate Llc

Broker

dave@achievelansing.com

Email

Affordability Calculator

$474
Per Month
100%
0%
0%
Monthly Principal & Interest
$474
Monthly Property Taxes
--
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
2075809 Elementary School
2075905 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$75,000 Listed Price

Map


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815 Prospect Street, Lansing, MI, 48912 is a Multi-Family Home for sale at $75,000 with a lot size of 0.1. 815 Prospect Street is a studio with 2.0 baths and was built in 1903. The property's zip code is 48912 which is in Lansing, MI