$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 2 months 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:
May 21, 2026 at 5:38AM
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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing