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Listing provided courtesy of Berkshire Hathaway HomeServicesMLS# 297144MLS ProviderSource MLS Verified
  • 3 days on site
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Excellent cash-flow opportunity! This registered 3-unit rental in the City of Lansing is priced at just $115,000 and offers immediate income potential with two vacant units ready for a new owner to lease or occupy. The property features one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio currently tenant-occupied. Previous rents were approximately $900 for the 2-bedroom, $835 for the 1-bedroom, and $675 for the studio. Each unit has separate utilities (owner pays water only), with individual furnaces for Units 1 and 2 and baseboard heat in Unit 3. Additional features include a newer roof (approximately 3 years old), rental license valid through 7/1/2027, and a convenient location just minutes from Lansing Community College, downtown Lansing, shopping, and major highways.

Source: Lansing MLS, MLS#: 297144

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 313 W César E. Chávez Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: Lansing MLS Added to Database
June 26, 2026