Updated Licensed
For Sale
$50,000
607 Shepard Street #2, Lansing, MI 48912
Upper and lower units share basement laundry access, separate driveways, and individually metered gas and electric service.
Property Size1,473 SF
Days on Market259
Property Features for 607 Shepard Street #2
General Information
Standard status
Active
Size
1,473 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Eastside Neighborhood Organization
Utilities to Site
Yes
Amenities
Electric
Electric Water Heater
Patio, Porch, Shingle
Building Details
Building Size
1,473 SF
Year Built
1896
Listing Agency:
Great America Brokers LLC
Listed By:
Ruben Sauceda · License #6501281774
(517) 819-7123
Source:
Kw
Added: Feb 7
Changed: Oct 21
Last Checked: Oct 23 at 5:05PM
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 Great America Brokers LLC
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Investment Insights
Based on property information with market context.
This 1,472-square-foot duplex includes an upper residence and a lower residence connected by a common entry hallway. Both units have access to a shared basement with laundry hookups. Recent property work includes a lower-unit furnace and central air system, high-efficiency mini-splits upstairs, basement drainage improvements with a sump pump, glass block basement windows, a new deck and exterior staircase, and a crushed asphalt driveway. Interior and exterior refreshes include new light fixtures, fresh paint, landscaping updates, and tree trimming.
Two separate driveways provide off-street parking. Gas and electric service are separately metered for the units. The property carries an active City of Lansing rental license and was built in 1896.
Two separate driveways provide off-street parking. Gas and electric service are separately metered for the units. The property carries an active City of Lansing rental license and was built in 1896.
Key Highlights
- Active City of Lansing rental license
- 1,472 SF duplex with upper and lower units
- Separate gas and electric meters for the units
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower units share basement laundry access, separate driveways, and individually metered gas and electric service.
Where is this duplex located?
The property is located at 607 Shepard Street #2 Lansing, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Active City of Lansing rental license; 1,472 SF duplex with upper and lower units; Separate gas and electric meters for the units
