Building Details

Building Size 1,473 SF

Year Built 1896

Listing Agency: Great America Brokers LLC r***@sbcglobal.net Show Phone

Listed By: Ruben Sauceda · License #6501281774

Source: Kw

Added: Feb 4 Changed: Aug 30 Last Checked: Aug 31 at 1:34AM

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Investment Insights

Based on property information with market context.

This multifamily property was built in 1896 and includes electric service and an electric water heater. Exterior features include a patio, porch, and shingle materials.

The property is located at 607 Shepard Street in Lansing, Michigan.

Key Highlights

• 1896 construction
• Electric service and electric water heater
• Patio and porch areas

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Daycare Center HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

1,721

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Residential income property with electric service, an electric water heater, and exterior patio and porch areas.

Where is this multifamily property 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: 1896 construction; Electric service and electric water heater; Patio and porch areas