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    Lansing, MI Residential Income Properties for Sale

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    East Lansing, MI Dewitt, MI Holt, MI
    38 results
    Remodeled Firehouse with Living Units
    $339,900
    4,631 SF

    Remodeled Firehouse with Living Units

    230 Bingham Street, Lansing, MI 48912

    Historic firehouse converted to office and residential units.

    • Unique historic firehouse conversion built in 1904.
    • Two residential units (2‑bedroom and 3‑bedroom) offer rental income potential.
    • Lower level office space, suitable for business or non‑profit use.
    • Includes disposal, microwave, oven, range, refrigerator, washer, and washer/dryer.
    • Central air conditioning and multiple heating systems (Central, Forced Air, Baseboard, Electric).
    Updated: Feb 23
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    Mixed-Use Building in Old Town
    $285,000
    2,727 SF

    Mixed-Use Building in Old Town

    1031 N Washington Avenue, Lansing, MI 48906

    Historic mixed-use property with office and residential units.

    • Prime Old Town Lansing location with high visibility on N. Washington Avenue in a walkable, vibrant district.
    • Versatile DT‑1 zoning allows for a variety of commercial, office, and residential uses.
    • Mixed‑use property featuring a ground‑floor office suite (2,727 SF) and an upper‑level six‑bedroom apartment, each with separate entrances.
    • Ground‑floor office suite is available near‑term due to owner relocation, ideal for owner‑occupant or investor.
    • Upper‑level apartment has existing rental income potential.
    Updated: Feb 19
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    Updated Duplex in Genesee
    $139,900
    1,392 SF

    Updated Duplex in Genesee

    Cash-flowing, updated duplex in Genesee Township with separate utilities.

    3200 N Averill, Genesee, MI 48506
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    Charming Lansing Multi-Living Home
    $119,900
    0.11 Acres

    Charming Lansing Multi-Living Home

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

    223 E Hillsdale Street, Lansing, MI 48933
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    Lansing Duplex Investment Opportunity
    $149,000
    0.21 Acres

    Lansing Duplex Investment Opportunity

    Multi-unit property with rental income potential in Lansing, Michigan.

    1006 S Pennsylvania Avenue, Lansing, MI 48912
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    Income-Generating Triplex in Lansing, MI
    $160,000
    0.12 Acres

    Income-Generating Triplex in Lansing, MI

    Three units with separate utilities near LCC and downtown Lansing.

    217 N Butler Boulevard, Lansing, MI 48915
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    Lansing Duplex with New Roof
    $218,000
    26.00 Acres

    Lansing Duplex with New Roof

    Well-maintained duplex in Lansing, tenants pay all utilities.

    4400 Chadburne Dr, Lansing, MI 48911
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    Lansing Multi-Unit Property For Sale
    $119,999
    0.45 Acres

    Lansing Multi-Unit Property For Sale

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

    4414 S Martin Luther King Jr Boulevard, Lansing, MI 48910
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    Lansing Turnkey Investment Opportunity
    $129,900
    0.12 Acres

    Lansing Turnkey Investment Opportunity

    Well-maintained Lansing duplex with updated units and strong rental appeal.

    1027 Britten Avenue, Lansing, MI 48910
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    Lansing Duplex Investment Opportunity
    $200,000
    0.19 Acres

    Lansing Duplex Investment Opportunity

    Partially occupied duplex in Lansing's desirable Old West Side.

    1400 W Michigan Avenue, Lansing, MI 48915
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    Upgraded Multi-Family Investment Property
    $152,000
    0.11 Acres

    Upgraded Multi-Family Investment Property

    Fully upgraded multi-family property with income potential in Lansing, MI.

    1601 Bailey Street, Lansing, MI 48910
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    Lansing Multifamily Investment Opportunity
    $999,000
    8,072 SF

    Lansing Multifamily Investment Opportunity

    Renovated 16-unit building in central Lansing with upside potential.

    645 E Jolly Rd, Lansing, MI 48910
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    Two Homes on One Lot
    $280,000
    1,560 SF

    Two Homes on One Lot

    Two homes on one lot, investment or flexible living.

    215 Winifred Avenue, Lansing, MI 48917
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    Lansing Multifamily Investment Opportunity
    $99,900
    0.20 Acres

    Lansing Multifamily Investment Opportunity

    Two-unit residential property in Lansing, Michigan. Great investment potential.

    121 Lathrop Street, Lansing, MI 48912
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    Mixed-Use Building in Old Town
    $285,000
    2,727 SF

    Mixed-Use Building in Old Town

    Historic mixed-use property with office and residential units.

    1031 N Washington Ave, Lansing, MI 48906
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    Downtown Lansing Mixed-Use Investment
    $522,000

    Downtown Lansing Mixed-Use Investment

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

    119 East Kalamazoo Street, Lansing, MI 48933
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    Lansing Four-Unit Income Property
    $205,000
    0.59 Acres

    Lansing Four-Unit Income Property

    Versatile four-unit property in a desirable Lansing neighborhood.

    3319 Jewell Avenue, Lansing, MI 48910
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    Multifamily Investment Opportunity in Lansing
    $795,000
    7,732 SF

    Multifamily Investment Opportunity in Lansing

    Multifamily property with 12 units in a desirable Lansing location.

    3501 Simken Drive |, Lansing, MI 48910
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    Lansing Multifamily Investment Opportunity
    $440,000
    4,809 SF

    Lansing Multifamily Investment Opportunity

    Fully occupied 8-unit building near downtown and Michigan State.

    826 N Walnut St, Lansing, MI 48906
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    Lansing Multifamily Investment Opportunity
    $999,700
    11,215 SF

    Lansing Multifamily Investment Opportunity

    South Lansing apartment building with upside rental increase potential.

    909 E Jolly Rd, Lansing, MI 48910
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    Income-Producing Duplex Near MSU
    $154,900
    0.09 Acres

    Income-Producing Duplex Near MSU

    Registered rental duplex near Michigan State University and downtown Lansing.

    1713 Stanley Court, Lansing, MI 48912
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    Downtown Lansing Mixed-Use Asset
    $1,800,000
    2,800 SF

    Downtown Lansing Mixed-Use Asset

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

    329-337 S Washington Sq 329-337, Lansing, MI 48933
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    Two-Unit Property with Garage
    $119,999

    Two-Unit Property with Garage

    Two-unit property with attached garage and large backyard.

    4414 S MARTIN LUTHER KING JR Blvd, Lansing, MI 48910
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    Updated Duplex on Double Lot
    $149,000

    Updated Duplex on Double Lot

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

    1006 S Pennsylvania Ave, Lansing, MI 48912
    View details

    Lansing, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 64 residential income properties for sale in Lansing, MI, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 93,885 square feet of properties for sale, with an estimated market value of $11,763,639.

    Sale prices for residential income properties in Lansing, MI start at $99,000, averaging $619,138, 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

    Multifamily properties 34
    Duplexes 16
    Apartment buildings 11
    Quadplexes 3
    Triplexes 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    48915 $200K
    48911 $229.9K
    48912 $232.3K
    48917 $280K
    48906 $320.4K

    Taxes & Financing

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

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    Most Searched ZIP Codes in Lansing, MI

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

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