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

Lansing, MI, 48912
$ 75,000
Bedrooms5 Baths0.0 Sq 2,460

Monthly Estimate*

$ 474

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Multi-Family Home for sale in Lansing, MI

for $75,000 with 5 bedrooms. This 2,460 square foot 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, thisis an opportunity to add significant value.

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Multi-Family Active

Price

$ 75,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,756

Style

ResidentialIncome

Lot Size

0.1

Year Built

1903

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

630000297891

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Roof Shingle
Construction Materials Brick VinylSiding
Year Built 1903
Levels StoryTwoandHalf
Tax Year 2025
County Ingham
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name GREEN OAK
Garage Y/N N
Status Active
Directions Michigan to Penn S to Prospect W. to home
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 4756.01
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 57036
Legal Description E 2 R LOTS 8 & 10 BLOCK 7 GREEN OAK ADD
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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 2460.0
Laundry Features LaundryRoom
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Parking Features Driveway NoGarage
Water Source Public
Total Parking 3.0
Foundation Details Basement
Spa N
Lot Dimensions 33x132
Lot Size Acres 0.1
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

(517) 712-8329

Phone

Affordability Calculator

$870
Per Month
54%
46%
0%
Monthly Principal & Interest
$474
Monthly Property Taxes
$396
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
7/25/2026$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 2,460 sqft and a lot size of 0.1. 815 Prospect Street has 5 bedrooms, 0.0 baths, and was built in 1903. The property's zip code is 48912 which is in Lansing, MI