819 Vine Street Unit 819, Lansing, MI 48912
Completely renovated five-unit building with a basement studio; landlord covers water, sewer, and heat while tenants pay electric.
- Added:
- Jul 13, 2025
- Days on Market:
- 359
- Last Refresh:
- Jun 15 at 6:39 am
Property Features for 819 Vine Street Unit 819
General Information
- Standard status
- Active
- Size
- 5,316 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1918
Listing office Apex Appraisal Company LLC (517) 290-5100
Listing date Jul 13, 2025
Source Xome
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 Apex Appraisal Company LLC
HighLights
- Completely renovated 5‑unit building with a basement studio unit and 1 bedroom/1 bath layout for each unit
- Year built 1918
- New high‑efficiency boiler and water heater
- 5 parking spaces with an asphalt lot on a corner lot
- Landlord pays water, sewer, and heat; tenants pay electric
- Located near University of Michigan Sparrow, Neogen, and the Stadium District
Overview
The property is described as being in a great location near University of Michigan Sparrow, Neogen, and the Stadium District. For convenience of buyers considering scale, the remarks note that the properties can be purchased together with 819 & 833 Vine St.
From an operating standpoint, the expense structure is clearly defined: the landlord pays water, sewer, and heat, while tenants pay electric. The seller reports that current rents are at the low end of the market and that there is potential for higher income, with a stated potential of $5,000+/month based on the updates completed. The remarks also note potential room to add a 6th unit, which may be of interest to buyers looking to expand the building’s yield. Overall, this is positioned as a turn-key residential income property with recent updates already in place.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Eaton
- State
- Michigan
- Longitude
- -84.539987
- Latitude
- 42.7361