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    2515 S Martin Luther King Jr Blvd Lansing, MI 48910

    New
    For Sale
    $159,900

    MULTI_FAMILY - Lansing, MI

    Lot size:
    0.12 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 9 at 1:06 am

    Property Features for 2515 S Martin Luther King Jr Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    33-01-01-29-278-041
    Parking
    4
    Parking features
    Garage, Driveway
    Patio and Porch features
    Porch
    Exterior features
    Rain Gutters
    Fencing
    Fenced, Privacy
    Basement
    Full, Crawl Space
    Appliances
    Water Heater
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood
    Building materials
    Aluminum Siding
    Roof type
    Shingle

    eXp Realty LLC (888) 501-7085 [email protected]

    Listing agent Andrea Shokha (517) 505-0775 License #6501405499

    Listing date Dec 8, 2025

    MLS# 290875 Listing URL

    Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lansing Two-Unit Investment Property

    This well-maintained two-unit investment property in Lansing, Michigan, presents a strong income potential. Unit 1 features 2 bedrooms, 1.5 baths, main floor laundry, a large living room with hardwood floors, an eat-in kitchen, and a primary bedroom with double closets. The full basement includes a finished rec room, providing extra living space or storage. Unit 2 offers 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable living room. The property includes a fenced backyard and a 2-car detached garage. Situated on a 0.12-acre lot, the property is conveniently located near the highway, downtown area, shopping, and dining options. The rental license has been recently renewed, making this a turnkey investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.56713
    Latitude
    42.706717

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property with rental license near downtown Lansing.
    Where is this duplex located?
    The property is located at 2515 S Martin Luther King Jr Blvd Lansing, MI.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Rental license included, a truly turnkey investment; - Strong income potential from this 2-unit property; - 2-car detached garage included
    (517) 505-0775
    Request Owner's contact information
    2515 S Martin Luther King Jr Blvd Lansing, MI 48910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2515 S Martin Luther King Jr Blvd Lansing, MI 48910
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