$109,000
Lansing, MI 48912
MLS# 26023225
Status: Pending
3 beds | 2 baths | 1429 sqft
1 / 30
Property Description
Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cashflow! $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
Cross Streets: Pennsylvania
Property Sub-Type: Single Family Residence
Municipality: Lansing City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 76.28
General Property Info
New Construction: No
Lot Dimensions: 41x142
Road Frontage: 41
Garage Y/N: No
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 2
Total Fin SqFt All Levels: 1429
SqFt Above Grade: 1429
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 724
Building Total SqFt: 1429
Total Beds Above Grade: 3
Main Level Primary: Yes
Stories: 2
School District: Lansing
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.14
Lot Square Footage: 6098
Year Built: 1875
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 43794
SEV: 68700
For Tax Year: 2025
Seller's Annual Property Tax: 3559
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none
Zoning: Residential
Tax ID #: 33-01-01-15-152-101
Remarks & Misc
Public Remarks: Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cashflow! $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!!!
Legal: W 1/2 LOT 6 BLOCK 5 JEROMES ADD
Lot Description
Sidewalk: 1
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
No: 1
Laundry Features
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
Sink: 1
Washer Hookup: 1
Exterior Material
Vinyl Siding: 1
Assoc. Fee Incl.
Cable/Satellite: 1
Electricity: 1
Heat: 1
Sewer: 1
Trash: 1
Water: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Level Square Feet: 0
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 3
Main Full Baths: 2
Main Level SQFT: 1429
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 0
Driveway
Asphalt: 1
Substructure
Michigan Basement: 1
Architectural Style
Colonial: 1
Historic: 1
Townhouse: 1
Traditional: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Ingham
Street #: 831
Street Name: Vine
Suffix: Street
State: MI
Zip Code: 48912
Zip (4): 1529
OfficeContract Info
Status: Pending
List Price: $109,000
Current Price: $109,000
Listing Date: 2026-05-13
Status Change Info
Under Contract Date: 2026-06-19
Property Features
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Sink; Washer Hookup
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available
Heat Source: Natural Gas
Heat Type: Forced Air
Architectural Style: Colonial; Historic; Townhouse; Traditional
Driveway: Asphalt
Street Type: Paved
Mineral Rights: No
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office: EXP Realty LLC
Listing Agent: Jacob W Horman
Last Updated: June - 24 - 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.