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    Lansing, MI
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    Lansing, MI Residential Income Properties for Sale

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    East Lansing, MI Dewitt, MI Holt, MI
    29 properties
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    Updated Duplex With Separate Utilities
    Updated: May 1
    Updated Duplex With Separate Utilities

    3200 N Averill Avenue, Genesee, MI 48506

    $139,900
    1,392 sqft · 0.21 AC lot
    Duplex in Genesee Township with Kearsley School District
    3‑bedroom, 2‑bath unit rented for $1,100/month
    2‑bedroom unit rented for $700/month
    Completely updated duplex with separate electric and gas meters
    Separate room for laundry
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    This listing looks promising.

    Here's a quick look at some key insights for

    3200 N Averill Avenue, Genesee, MI 48506

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $180K
      Above asking

    • Property Type

      Single Family Residence
      Built 1955
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    Duplex Residential Income Property
    Updated: May 19
    Duplex Residential Income Property

    4400 Chadburne Drive, Lansing, MI 48911

    $218,000
    0.26 AC lot
    2‑unit duplex at 4400 Chadburne Dr, Lansing, MI, built in 1972
    4400 unit: 2‑bedroom, 1.5‑bath with full basement and attached 2‑car garage; rent $999 ending 8/30/26
    4402 unit: 3‑bedroom, 1.5‑bath with full basement; new carpet; lease ending 8/30/26 for $875
    Utilities: tenants responsible for gas, electric, water, sewer, and trash
    Recent exterior updates reported: new roof and gutters across all units
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    Remodeled Historic Firehouse Property
    Remodeled Historic Firehouse Property

    230 Bingham Street, Lansing, MI 48912

    $339,900
    4,631 sqft · 0.19 AC lot

    Remodeled firehouse offers lower-level office space plus upstairs two residential units for mixed-use ownership.

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    Two Homes on One Lot
    Two Homes on One Lot

    215 Winifred Avenue, Lansing, MI 48917

    $275,000
    1,560 sqft · 0.15 AC lot

    Two homes on one lot, investment or multi-generational living.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Charming Lansing Multi-Living Home
    Charming Lansing Multi-Living Home

    223 E Hillsdale Street, Lansing, MI 48933

    $119,900
    0.11 AC lot

    Versatile 5BR home in historic district, ideal for investors.

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    Updated Duplex with Income Potential
    Updated Duplex with Income Potential

    1006 S Pennsylvania Avenue, Lansing, MI 48912

    $149,000
    0.21 AC lot

    Lansing duplex with updates, income potential, and long-term value.

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    Lansing Multi-Unit Property For Sale
    Lansing Multi-Unit Property For Sale

    4414 S Martin Luther King Jr Boulevard, Lansing, MI 48910

    $119,999
    0.45 AC lot

    Two-unit property with garage and large yard, potential for conversion.

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    Two-Unit Property with New Rear Stairway
    Two-Unit Property with New Rear Stairway

    1601 Bailey Street, Lansing, MI 48910

    $148,000
    0.11 AC lot

    Fully upgraded two-unit home with coin-operated laundry and convenient rear access to the second unit.

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    Income-Generating Triplex in Lansing, MI
    Income-Generating Triplex in Lansing, MI

    217 N Butler Boulevard, Lansing, MI 48915

    $160,000
    0.12 AC lot

    Three units with separate utilities near LCC and downtown Lansing.

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    Income-Producing Duplex Near MSU
    Income-Producing Duplex Near MSU

    1713 Stanley Court, Lansing, MI 48912

    $154,900
    0.09 AC lot

    Registered rental duplex near Michigan State University and downtown Lansing.

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    Downtown Lansing Mixed-Use Asset
    Downtown Lansing Mixed-Use Asset

    329-337 S Washington Sq 329-337, Lansing, MI 48933

    $1,800,000
    2,800 sqft

    Mixed-use property with residential and commercial units in downtown Lansing.

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    Mixed-Use Building in Old Town
    Mixed-Use Building in Old Town

    1031 N Washington Ave, Lansing, MI 48906

    $285,000
    2,727 sqft

    Historic mixed-use property with office and residential units.

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    Downtown Lansing Mixed-Use Investment
    Downtown Lansing Mixed-Use Investment

    119 East Kalamazoo Street, Lansing, MI 48933

    $522,000

    Mixed-use building with commercial space and residential units in Lansing.

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    Multifamily Investment Opportunity in Lansing
    Multifamily Investment Opportunity in Lansing

    3501 Simken Drive |, Lansing, MI 48910

    $795,000
    7,732 sqft

    Multifamily property with 12 units in a desirable Lansing location.

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    Lansing Multifamily Investment Opportunity
    Lansing Multifamily Investment Opportunity

    909 E Jolly Rd, Lansing, MI 48910

    $999,700
    11,215 sqft

    South Lansing apartment building with upside rental increase potential.

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    Mixed-Use Property with Updated Office
    Mixed-Use Property with Updated Office

    2200 E Michigan Avenue, Lansing, MI 48912

    $289,000
    2,392 sqft · 0.07 AC lot

    Mixed-use property featuring updated office space and residential apartment.

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    Two-Unit Property with Garage
    Two-Unit Property with Garage

    4414 S MARTIN LUTHER KING JR Blvd, Lansing, MI 48910

    $119,999

    Two-unit property with attached garage and large backyard.

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    Updated Duplex on Double Lot
    Updated Duplex on Double Lot

    1006 S Pennsylvania Ave, Lansing, MI 48912

    $149,000

    Multi-unit property with updated unit, immediate income, and new roof.

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    Established Multifamily Property in Lansing
    Established Multifamily Property in Lansing

    1006 Attwood Dr, Lansing, MI 48911

    $209,900
    0.22 AC lot

    Multifamily property built in 1970 with recent upgrades.

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    Renovated 5-Unit Residential Investment Property
    Renovated 5-Unit Residential Investment Property

    819 Vine Street, Lansing, MI 48912

    $369,900
    0.15 AC lot

    Completely renovated 5-unit property near University of Michigan.

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    Multifamily Property with Seven Units
    Multifamily Property with Seven Units

    1216 N Chestnut St, Lansing, MI 48906

    $278,000
    1,824 sqft

    Seven units, renovated in 2023, excellent investment opportunity.

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    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    819 Vine Street Unit 819, Lansing, MI 48912

    $349,900
    5,316 sqft

    Completely renovated five-unit building with a basement studio; landlord covers water, sewer, and heat while tenants pay electric.

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    Mixed-Use Building in Old Town
    Mixed-Use Building in Old Town

    1031 N Washington Ave, Lansing, MI 48906

    $295,000
    2,727 sqft

    2,727 SF mixed-use property in Old Town Lansing.

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    Remodeled Firehouse with Living Units
    Remodeled Firehouse with Living Units

    230 Bingham Street, Lansing, MI 48912

    $339,900
    4,631 sqft

    Remodeled firehouse with office and residential units for sale.

    View details

    Lansing, MI Residential Income Properties Market Trends and Statistics

    Explore 55 residential income properties for sale in Lansing, MI, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 88,055 square feet of properties for sale, with an estimated market value of $10,569,539.

    Sale prices for residential income properties in Lansing, MI start at $99,000, averaging $621,737, and reaching up to $2,166,240 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 27
    Duplexes 11
    Apartment buildings 9
    Quadplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48915 $160K
    48911 $214K
    48912 $260.1K
    48917 $275K
    48906 $286K

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 100,000+ square foot range.

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    Popular Searches in Lansing, MI

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    Most Searched ZIP Codes in Lansing, MI

    • 48910
    • 48912
    • 48906
    • 48933
    • 48911
    • 48506
    • 48915
    • 48917
    • 48919

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