Updated Two-Unit
For Sale
$125,000
1223 N Washington, Lansing, MI 48906
Two separate residences feature refreshed interiors, basement access, and dedicated parking.
Property Size1,560 SF
Price / SF$80.13
Days on Market104
Property Features for 1223 N Washington
General Information
Standard status
Active
Size
1,560 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Listing Agency:
RE/MAX Real Estate Professionals
(517) 321-8255
Listed By:
Gary R. Newton · License #6506045750
(517) 410-8307
Source:
Exprealty
Added: Jun 25
Changed: Sep 16
Last Checked: Oct 4 at 6:51PM
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.
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
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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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
