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    607 Shepard St, Unit 2 Lansing, MI 48912

    For Sale
    $79,900

    MULTI_FAMILY - Lansing, MI

    Lot size:
    0.19 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 607 Shepard St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    33-01-01-15-485-012
    Parking
    4
    Parking features
    Driveway
    Basement
    Block
    Appliances
    Electric Water Heater
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1896
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Great America Brokers LLC (517) 323-3200 [email protected]

    Listing agent Ruben Sauceda (517) 323-3200 License #6501281774

    Listing date Oct 10, 2025

    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 Property for Sale

    This multifamily property is located in Lansing, Michigan. Buyers' agents are required to use the 'other costs' field on the offer system to note their requests. All offers must be submitted by the buyer's agent via the RES.NET Agent Portal. An offer submission technology fee of $225.00 will be collected and disbursed by the settlement agent at closing. Due to the condition of the back stairs, both buyer and selling agent must sign a hold harmless agreement before access will be granted. The property is situated on a lot of approximately 0.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -84.525884
    Latitude
    42.727129

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    FAQs

    What type of property is this?
    Duplex - Multifamily property in Lansing, Michigan available for purchase.
    Where is this duplex located?
    The property is located at 607 Shepard St, Unit 2 Lansing, MI.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Public Water and Sewer: Benefit from reliable municipal services.; - Vinyl Siding: Enjoy low-maintenance exterior cladding.; - Electric Heating: Provides a standard heating system.
    (517) 323-3200
    Request Owner's contact information
    607 Shepard St, Unit 2 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
    607 Shepard St, Unit 2 Lansing, MI 48912
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