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Upstairs/Downstairs Duplex Investment

1021 Hickory Street Lansing, MI 48912

New
1021 Hickory Street, Lansing, MI, 48912
$115,000
Pending
For Sale
$115,000
Pending

MULTI_FAMILY - Lansing, MI

Lot Size0.74 Acres
Days on Market5

Property Features for 1021 Hickory Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Basement, Bathroom 2, Bathroom 1
Parking
3
Basement
Full
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

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
15684 Eton Ct, MACOMB, MI
Listed by Randall Wolber · License #MISPE-6502431755
Added: Jul 16 Updated: Jul 19 at 1:56 pm Checked: Jul 20 at 6:06 pm
MLS# 26036873 Listing URL

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.

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 Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Restaurant

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

FAQs

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
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