$109,000
Lansing, MI 48912
MLS# 25050125
Status: Pending
1 / 30
Property Description
Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cash flow! $1550/month rent. This newly vinyl sided 2 and 1 duplex is rented into 2026 so start making money the day you close. Located in a high-demand area near Sparrow Hospital, LCC, Cooley Law and the Michigan ave corridor, the demand for this location is not slowing down. An optional, third-party management company is available to continue service for the new owner. Do not let this one slip by, schedule your showing today!!!
Details
Maps
Location Property Info
County: Ingham
Street #: 831
Street Name: Vine
Suffix: Street
State: MI
Zip Code: 48912
Zip (4): 1529
OfficeContract Info
Status: Pending
Current Price: $109,000
List Price: $109,000
Listing Date: 2025-09-29
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 41x142
Year Built: 1875
New Construction: No
Cert of Compliance: No
Road Frontage: 41
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
Waterfront: No
School District: Lansing
Tax Info
Tax ID #: 33-01-01-15-152-101
Taxable Value: 42478
SEV: 56900
For Tax Year: 2024
Seller's Annual Property Tax: 3559
Tax Year: 2024
Spec Assessment & Ty: none
Zoning: Residential
Remarks Misc
Directions: Pennsylvania to Vine, vine west to property
Status Change Info
Under Contract Date: 2026-01-23
Access Feat
Accessibility Features: No
Unit 1
Unit Description: 2 bed 1 bath
SqFt: 700
Occupied: Yes
Monthly Rent: 900
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: 1 bed 1 bath
SqFt: 500
Occupied: Yes
Monthly Rent: 650
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Asphalt
Street Type: Paved
Mineral Rights: No
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Washer/Dryer
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Listing Office: EXP Realty LLC
Listing Agent: Jacob Horman
Last Updated: January - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.