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    412 S Hayford Ave Lansing, MI 48912

    For Sale
    $300,000

    MULTI_FAMILY - Lansing, MI

    Lot size:
    0.19 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 412 S Hayford Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    33-01-01-14-354-151
    Parking
    6
    Parking features
    Alley
    Patio and Porch features
    Porch
    Exterior features
    Storage
    Basement
    Full
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1904
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Hardwood
    Building materials
    Aluminum Siding
    Roof type
    Shingle
    Additional Structures
    Storage

    Keller Williams Realty (517) 853-1200 [email protected]

    Listing agent Morgan Meredith (517) 505-1422 License #6501422310

    Listing date Nov 10, 2025

    MLS# 287209 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 Multifamily Investment Opportunity

    This multifamily property in Lansing, Michigan, presents opportunities for both homeowners and investors. Currently operating as a short-term rental with three of the four units rented out, the property has a current capitalization rate of approximately 11%. Renting all four units could potentially increase the capitalization rate to 14% or higher. The property offers a flexible plan with three units. The owner can occupy a combined unit featuring 3 bedrooms and 2 bathrooms with a large attic for storage, while renting out the remaining two units. The lot size is 0.19 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.519177
    Latitude
    42.729369

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property in Lansing, suitable for investors or homeowners.
    Where is this quadplex located?
    The property is located at 412 S Hayford Ave Lansing, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High short-term rental income potential with a current cap rate around 11%.; - Opportunity to increase cap rate to 14% (or higher) by renting out all four units.; - Flexible living options: live in one unit and rent out the others to cover mortgage costs.
    (517) 505-1422
    Request Owner's contact information
    412 S Hayford Ave Lansing, MI 48912
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    Lansing, MI 48912
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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
    412 S Hayford Ave Lansing, MI 48912
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