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Two-Unit Duplex with Laundry
For Sale
$115,000

605 Seymour Ave, Lansing, MI 48933

Two residential units offer separate utilities, updated kitchens, and in-unit laundry for practical rental operations.

Property Size1,520 SF
Price / SF$75.66
Days on Market47

Property Features for 605 Seymour Ave

General Information

Standard status Active
Size 1,520 SF
Property subtype Residential Income

Units

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

Amenities

in-unit laundry
Listing Agency: Five Star Real Estate - Lansing
Listed By: Lesley A Clark
Source: Exprealty
Added: Aug 20 Changed: Oct 4 Last Checked: Oct 4 at 6:18PM

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 Five Star Real Estate - Lansing

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each with 2 bedrooms and 1 bathroom. Both units include in-unit laundry and kitchens, while separately metered utilities support distinct household billing. The property totals 1,520 square feet and is located at 605 Seymour Ave in Lansing, Michigan.

The duplex is near downtown, LCC, and the Capitol. Its two-unit configuration and individual utility separation provide a straightforward multifamily layout for residential rental use.

Key Highlights

  • Two‑unit duplex totaling 1,520 square feet
  • Each unit includes 2 bedrooms and 1 bathroom
  • In‑unit laundry in both residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Electrical Service Kitchen & Bath Showroom HVAC 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

Location Intelligence

Trade Area within ½ mile

1,833
Businesses Nearby

Demographics for 48933, MI

2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
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 residential units offer separate utilities, updated kitchens, and in-unit laundry for practical rental operations.
Where is this duplex located?
The property is located at 605 Seymour Ave Lansing, MI.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,520 square feet; Each unit includes 2 bedrooms and 1 bathroom; In‑unit laundry in both residences
More about this property
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