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Updated Duplex with Detached Garage
For Sale
$149,000

1006 S Pennsylvania Avenue, Lansing, MI 48912

Tenant-occupied residential property with leases in place and recent exterior improvements.

Property SizeContact for details
Days on Market53

Property Features for 1006 S Pennsylvania Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning Residential

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,994

Amenities

fenced yard
detached garage

Building Details

Year Built 1929
Buildings 1
Units 2
Listing Agency: Five Star Real Estate (Ada)
Listed By: Kristeen Hulliberger · License #6501434985
Source: Insiderealty
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 30 at 5:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Real Estate (Ada)

Investment Insights

Based on property information with market context.

This 1929 duplex includes two residential units, with the lower residence fully renovated with contemporary finishes and the upper unit providing additional living space. Existing leases are in place, and the property is currently occupied by tenants. Recent property improvements include a newer roof and mostly new windows.

The property occupies a double lot with a fenced yard and detached garage, providing outdoor space and supplemental storage or parking utility. Residential zoning supports the current duplex configuration.

Key Highlights

  • Duplex with leases in place and current tenant occupancy
  • Lower unit fully updated with modern finishes
  • Newer roof and mostly new windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Spa & Massage Center Veterinary Clinic Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied residential property with leases in place and recent exterior improvements.
Where is this duplex located?
The property is located at 1006 S Pennsylvania Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Duplex with leases in place and current tenant occupancy; Lower unit fully updated with modern finishes; Newer roof and mostly new windows
More about this property
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