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

1037 Bement Street, Lansing, MI 48912

Two separately metered residences offer private entrances, basement areas, laundry hookups, and off-street parking.

Property Size2,048 SF
Price / SF$75.63
Days on Market2

Property Features for 1037 Bement Street

General Information

Standard status Active
Size 2,048 SF
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Buildings 1
Listing Agency: Cody and Co.
Listed By: Ricardo S Cottengim
Source: Corneliusteam
Added: Sep 10 Last Checked: Sep 10 at 7:21AM

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 Cody and Co.

Investment Insights

Based on property information with market context.

Built in 1909, this side-by-side duplex contains two 3-bedroom, 1-bath residences totaling approximately 2,048 square feet. Each unit has a private entrance, separate gas and electric meters, basement space, laundry hookups, and off-street parking. Recent work includes flooring updates, interior paint, appliances, and hot water heaters.

The property is located at 1037 Bement Street in Lansing, near downtown Lansing, LCC, public transportation, shopping, dining, and major commuter routes. Its two-unit configuration and separately metered services support distinct household occupancy, while the recent improvements provide updated interior and mechanical features.

Key Highlights

  • Two 3‑bedroom, 1‑bath units with approximately 2,048 total square feet
  • Separate gas and electric meters for each residence
  • Private entrances, basement space, and laundry hookups in both units

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

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
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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 entrances, basement areas, laundry hookups, and off-street parking.
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 3‑bedroom, 1‑bath units with approximately 2,048 total square feet; Separate gas and electric meters for each residence; Private entrances, basement space, and laundry hookups in both units
More about this property
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