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Updated Two-Unit Duplex
For Sale
$125,000

1223 N Washington, Lansing, MI 48906

Two separate residences feature refreshed interiors, basement access, and dedicated parking.

Property SizeContact for details
Days on Market53

Property Features for 1223 N Washington

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

Forced Air
Natural Gas

Building Details

Year Built 1880
Listing Agency: RE/MAX Real Estate Professionals
Listed By: Gary R. Newton · License #6506045750
Source: Kw
Added: Jun 30 Changed: Aug 20 Last Checked: Aug 20 at 7:19PM

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 RE/MAX Real Estate Professionals

Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1880, combines a two-bedroom, one-bath residence with a one-bedroom, one-bath residence. Recent improvements include new flooring, fresh paint, kitchen cabinets, a new countertop, updated bathroom vanity hardware, and new light fixtures. Both units have basement access through the kitchen areas. The property also includes forced-air heating and natural gas service.

Four parking spaces support the building. The property is within walking distance of Lansing’s Old Town District, with shops, dining, and entertainment nearby. One unit is tenant occupied under a written lease ending in July 2026; the other unit is identified as a two-bedroom residence. The duplex may also be purchased with 1219 N Washington, as stated in the property information.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
  • Interior updates include flooring, paint, kitchen cabinets, countertop, bathroom fixtures, and lighting
  • 4 total parking spaces

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Bakery

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

827
Businesses Nearby

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
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 - Two separate residences feature refreshed interiors, basement access, and dedicated parking.
Where is this duplex located?
The property is located at 1223 N Washington Lansing, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit duplex with one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; Interior updates include flooring, paint, kitchen cabinets, countertop, bathroom fixtures, and lighting; 4 total parking spaces
More about this property
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