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Updated Duplex Income Property
For Sale
Under Contract
$229,900

4733 S Pennsylvania Avenue, Lansing, MI 48910

MULTI_FAMILY - Lansing, MI

Property SizeContact for details
Lot Size0.02 Acres
Days on Market50

Property Features for 4733 S Pennsylvania Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 1
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking 4
Parking features Driveway
Basement Walk-Out Access
Lot features Level, Wooded
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
Standard status Active Under Contract
APN 33-01-01-34-376-026
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 23 PLEASANT RIDGE PLAT
Tax Annual Amount 5289
Legal Description LOT 23 PLEASANT RIDGE PLAT

Utilities

Heating system Baseboard
Cooling system Window Unit(s)

Building Details

Year built 1980
Number of units 2
Building materials Aluminum Siding
Roof type Composition
Listing Agency: Executive Brokers Residential and Commercial Real Estate
Listed By: Clifford Risner · License #6502432896
Added: Jul 13 Changed: Aug 7 Last Checked: Aug 31 at 5:06AM
MLS# 26035853

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 well-maintained duplex contains two units at 4733 and 4735 S. Pennsylvania Avenue. The property has been extensively updated with newer appliances, new washers and dryers, new hot water heaters, and all-new electric baseboard heating systems with thermostats. Both units also feature remodeled bathrooms, along with a new sewer line installed in 2023.

The upper unit includes newer windows and vinyl plank flooring and is currently leased on a month-to-month basis. The lower unit has tile flooring and new vinyl plank in the bathroom and is occupied by a long-term tenant with a lease in place through March 2027.

A newly issued rental license is valid for three years, and the home is presented as a turnkey investment with major capital improvements already completed. Please allow 48 hours’ notice to show.

Key Highlights

  • Duplex at 4733 & 4735 S. Pennsylvania Ave. in Lansing, built in 1980
  • Updates include newer appliances, remodeled bathrooms, and newer windows plus vinyl plank flooring in the upper unit
  • Both units have new washers and dryers and new hot water heaters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Catering Service

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 48910, MI

33,702
Population
17,119
Households
2
Avg Household Size
35
Median Age
32%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
2,373
Density / Sq Mi
$52,154
Median Household Income
$36,643
Median Earnings
$1,003
Median Rent
$117,600
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 - Well-maintained duplex with both units updated, including remodeled baths and newer mechanical systems.
Where is this duplex located?
The property is located at 4733 S Pennsylvania Avenue Lansing, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Duplex at 4733 & 4735 S. Pennsylvania Ave. in Lansing, built in 1980; Updates include newer appliances, remodeled bathrooms, and newer windows plus vinyl plank flooring in the upper unit; Both units have new washers and dryers and new hot water heaters
More about this property
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