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Side-by-Side Duplex with Basements
New
For Sale
$154,900

1037 Bement Street, Lansing, MI 48912

Multi Family, Lansing, MI

Property Size2,048 SF
Lot Size0.11 Acres
Price / SF$75.63
Days on Market4

Property Features for 1037 Bement Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 5, Bedroom 1
Parking 2
Basement Crawl Space
Lot features Level
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
Standard status Active
APN 33-01-01-15-378-141
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 30 BLOCK 6 LANSING IMPROVEMENT COMPANYS ADD
Tax Annual Amount 6836
Legal Description LOT 30 BLOCK 6 LANSING IMPROVEMENT COMPANYS ADD

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1909
Number of units 2
Building materials Vinyl Siding
Listing Agency: Cody and Co.
Listed By: Ricardo S Cottengim
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 11 at 7:06AM
MLS# 26047560

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 purpose-built duplex contains two side-by-side three-bedroom, one-bath units totaling approximately 2,048 square feet. Each residence has a private entrance, its own gas and electric meters, basement space, laundry hookups, and off-street parking. Recent work includes new flooring, interior paint, appliances, and hot water heaters. Vinyl siding and forced-air heat are also noted, along with public sewer service.

The property occupies 0.11 acres at 1037 Bement Street in Lansing, Michigan. Its setting provides access to downtown Lansing, Lansing Community College, public transportation, shopping, dining, and major commuter routes. The separate utilities and two-unit layout support independent residential operation, while the existing basement areas and laundry hookups add practical functionality for occupants.

Key Highlights

  • Two side‑by‑side units, each with 3 bedrooms and 1 bathroom
  • Approximately 2,048 total square feet across both residences
  • Separate gas and electric meters for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Computer & Electronic Repair Restaurant Furniture & Home Goods

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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 separately metered residences offer private entry, laundry hookups, and off-street parking in a compact income property.
Where is this duplex located?
The property is located at 1037 Bement Street Lansing, MI.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1 bathroom; Approximately 2,048 total square feet across both residences; Separate gas and electric meters for each unit
More about this property
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