Upstairs/Downstairs Duplex
For Sale
$115,000
Pending
1021 Hickory Street, Lansing, MI 48912
MULTI_FAMILY - Lansing, MI
Property SizeContact for details
Lot Size0.74 Acres
Days on Market27
Property Features for 1021 Hickory Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bedroom 2
Parking
3
Basement
Full
Elementary school district
Lansing
Middle school district
Lansing
High school district
Lansing
Standard status
Pending
APN
33-01-01-15-376-071
Lot size
0.74 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
E 27 FT LOT 25 BLOCK 2 LANSING IMPROVEMENT COMPANYS ADD
Tax Annual Amount
3014
Legal Description
E 27 FT LOT 25 BLOCK 2 LANSING IMPROVEMENT COMPANYS ADD
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1908
Number of units
2
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Simple Fee Listings
(734) 674-6608
Listed By:
Randall Wolber · License #MISPE-6502431755
(734) 674-6608
Added: Jul 16
Changed: Aug 7
Last Checked: Aug 11 at 9:06PM
MLS# 26036873
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This upstairs/downstairs duplex is positioned for an owner-operator or investor seeking a straightforward residential income property. The home has seen multiple permit-driven improvements since purchase, including two mechanical permits and two plumbing permits completed during the owners’ tenure, with prior roofing and electrical permits completed before they acquired the property. Both units were also turned over around the same time, and the property has passed two rental safety inspections while being kept up to code, with reinspection due in 2026.
Operationally, utilities have been partially separated: water has been split into two separate meters, so tenants pay their own water and sewer, while electrical remains unsplit. Key work includes excavation and repair of a collapsed sewer line and installation of an outdoor cleanout, replacement of rusty/corroded galvanized steel gas lines, and installation of a new gas line to the laundry. Basement moisture was addressed with downspouts routed into underground drainage tile leading to a front-yard rain garden.
The furnace is a new 96% efficient unit. Visible exterior items remain, including sagging gutters and missing fascia, with possible loose soffit. Interior finishes are largely dated aside from wall/ceiling repairs and paint, with kitchens and bath cabinetry/countertops not upgraded since purchase.
Operationally, utilities have been partially separated: water has been split into two separate meters, so tenants pay their own water and sewer, while electrical remains unsplit. Key work includes excavation and repair of a collapsed sewer line and installation of an outdoor cleanout, replacement of rusty/corroded galvanized steel gas lines, and installation of a new gas line to the laundry. Basement moisture was addressed with downspouts routed into underground drainage tile leading to a front-yard rain garden.
The furnace is a new 96% efficient unit. Visible exterior items remain, including sagging gutters and missing fascia, with possible loose soffit. Interior finishes are largely dated aside from wall/ceiling repairs and paint, with kitchens and bath cabinetry/countertops not upgraded since purchase.
Key Highlights
- Upstairs/downstairs duplex built in 1908 with 2 bedrooms and 2 bathrooms plus basement space
- Two separate rental safety inspections passed since 2019; property deemed completely up to code and due for reinspection in 2026
- Sewer line repair after purchase; installed an outdoor cleanout to simplify future sewer cleanings
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,907
Businesses Nearby
Explore this area
Business Placement
Demographics for 48912, MI
17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Upstairs/downstairs duplex with split water meters, a new high-efficiency furnace, and updated mechanical/plumbing permits.
Where is this duplex located?
The property is located at 1021 Hickory Street Lansing, MI.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Upstairs/downstairs duplex built in 1908 with 2 bedrooms and 2 bathrooms plus basement space; Two separate rental safety inspections passed since 2019; property deemed completely up to code and due for reinspection in 2026; Sewer line repair after purchase; installed an outdoor cleanout to simplify future sewer cleanings
