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Upstairs-Downstairs Duplex
For Sale
$115,000
Pending

1021 Hickory Street, Lansing, MI 48912

Multi Family, Lansing, MI

Property SizeContact for details
Lot Size0.74 Acres
Days on Market54

Property Features for 1021 Hickory Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 2
Parking 3
Basement Full
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
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
Legal Description E 27 FT LOT 25 BLOCK 2 LANSING IMPROVEMENT COMPANYS ADD

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
Listed By: Randall Wolber · License #MISPE-6502431755
Added: Jul 16 Changed: Sep 7 Last Checked: Sep 7 at 1:06PM
MLS# 26036873

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 1908 duplex is arranged as an upstairs unit and a downstairs unit on a 0.74-acre parcel. The property has aluminum siding, a composition roof, a basement, two bedrooms, and two bathrooms. Heating is provided by forced air, including a 96% efficient furnace installed by the current ownership.

Recent property work includes repairs to the sewer line, an exterior cleanout, replacement of galvanized gas lines, and a new gas connection serving the laundry area. Downspouts were redirected into underground drainage tile leading to a front-yard rain garden. Water service has been separated into two meters, while electrical service remains combined. Six mechanical, plumbing, roofing, and electrical permits were inspected and passed, and the property has passed two rental safety inspections. The next city reinspection is due in 2026.

The interiors retain older flooring, kitchen cabinetry, bathroom cabinetry, and countertops. Exterior maintenance items include sagging gutters, missing fascia, and potentially loose soffit material.

Key Highlights

  • Two‑unit upstairs/downstairs duplex on 0.74 acres
  • 96% efficient forced‑air furnace
  • Separate water meters for the two units

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,861
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with separate water meters, public sewer, and forced-air heating.
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: Two‑unit upstairs/downstairs duplex on 0.74 acres; 96% efficient forced‑air furnace; Separate water meters for the two units
More about this property
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