$170,500

1614 S Washington Avenue, Lansing, MI 48910

  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4- UNITS INCLUDING 3-EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. THE LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ALSO BENEFIT FROM A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS AND GUESTS. PRIME LOCATION CLOSE TO DOWNTOWN LANSING, REO TOWN, AND OLD TOWN WITH EASY ACCESS TO GROCERY STORES, DINING, & THE CATA BUS LINE FOR . INVESTORS WILL ALSO APPRECIATE THE UNIQUE OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1612 S WASHINGTON, WHICH IS ALSO A QUADPLEX CURRENTLY FOR SALE WHICH CREATES THE POTENTIAL TO OWN 8 SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO WITH A SOLID INCOME-PRODUCING PROPERTY.

Listing Status:
Active
Date Added:
March 14, 2026
Data Last Updated:
April 2, 2026 at 3:38AM
Listing Office:
Five Star Real Estate - Lansing : 517-507-0068
Listing Agent:
John Hagerty, Jr. : 517-803-5868
MLS ID:
294469
  • Laundry: Other
  • Basement: Michigan
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Roofing: Shingle
  • General: Vinyl SidingTwo
  • Originating MLS: Greater Lansing Association of REALTORS®
  • School District: Lansing
  • County: Ingham
  • Zoning: S 1/2 LOT 3 BLOCK 2 PARK PLACE33-01-01-21-378-111
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Lansing Association of REALTORS®

This listing courtesy of John Hagerty, Jr. , Five Star Real Estate - Lansing

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mt Hope School

1215 E Mount Hope Ave, Lansing, MI, 48910

Grades 4-6

0.94 miles away

E

Everett High School

3900 Stabler St, Lansing, MI, 48910

Grades 7-12

1.58 miles away

E

Everett High School

3900 Stabler St, Lansing, MI, 48910

Grades 7-12

1.58 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.

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#294468 - Five Star Real Estate - Lansing