425/425.5 N Butler BLVD, Lansing, MI 48915
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425/425.5 N Butler BLVD, Lansing, MI 48915
425/425.5 N Butler BLVD, Lansing, MI 48915
425/425.5 N Butler BLVD, Lansing, MI 48915
425/425.5 N Butler BLVD, Lansing, MI 48915
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Listed by EXIT Realty Home Partners
$ 170,000
Est. payment /mo
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Active Under Contract

425/425.5 N Butler BLVD Lansing, MI 48915

1 Bath

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 294801

Year Built 1912

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 33x148.5

Property Sub-Type Duplex

Source Greater Lansing Association of REALTORS®

Property Description

Solid investment property with long rental history. This two-story duplex has 1,701 finished square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on 3rd floor. New blinds and fresh paint in 2025. 2 sets of W/Ds in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. The upper unit is rented for $900 per month, the lower unit is rented for $800 per month, with leases through 12/31/26. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other being sold individually or as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.

Location

State MI

County Ingham

Direction Heading east on Saginaw St (M-43) from Martin Luther King, Jr Blvd, turn right on N Butler Blvd, after two blocks, just south of W Genesee St, the property is on the right.

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Laundry In Basement

Exterior

Parking Features Parking Lot

View Y/N No

Roof Type Shingle

Porch Front Porch

Building

Lot Description Back Yard

Foundation Block

Lot Size Range 0.11

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-17-231-271

Acceptable Financing Cash, Conventional, FHA, MSHDA, VA Loan

Listing Terms Cash, Conventional, FHA, MSHDA, VA Loan


NEARBY SCHOOLS & PROPERTIES

Neal Sanford

Neal Sanford

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+1(517) 202-7230

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425/425.5 N Butler BLVD