$155,000

1601 Bailey Street, Lansing, MI 48910

2 baths

Duplex
Built in 1908
4,792sqft lot
2 car garage
$——/sqft
Listed 1 month ago

Property Description

Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $700, and the lower unit currently occupied at $1,024. The property also includes a coin-operated laundry facility, providing a great opportunity for additional income. With a strong rental history and desirable location, this property is ideal for investors looking to maximize their return. Don't miss this exceptional opportunity!

Listing Status:: Active
Date Added:: February 28, 2026
Data Last Updated:: April 1, 2026 at 11:39PM
Listing Office:: Home Towne Real Estate : 517-372-2273
Listing Agent:: Tina Batterson : 517-775-9055
MLS ID:: 294168

Laundry: In Basement
Basement: FullBlockConcrete
A/C: None
Heating: Forced AirNatural Gas

General: Private Entrance

Roofing: Shingle
General: Vinyl SidingTwo

Road/Access: City Street
Originating MLS: Greater Lansing Association of REALTORS®
School District: Lansing
County: Ingham

Zoning: LOT 15 BLOCK 1 ASSESSORS PLAT NO 28 REC L 10 P 3333-01-01-22-351-091

Water: Public
Sewer: Public Sewer

Source: Greater Lansing Association of REALTORS®

This listing courtesy of Tina Batterson , Home Towne Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mt Hope School

1215 E Mount Hope Ave, Lansing, MI, 48910

Grades 4-6

0.45 miles away

Everett High School

3900 Stabler St, Lansing, MI, 48910

Grades 7-12

1.70 miles away

Everett High School

3900 Stabler St, Lansing, MI, 48910

Grades 7-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.