Address
429 N Pine Street, Lansing, MI
Price
$ 149,900
Property Attributes
- MLS#298663
- TypeMulti-Family
- Listing Status Active
- CountyINGHAM
- CityLansing
- AreaLansing City
- NeighborhoodOriginal of Lansing
- Zip48933
- StyleDuplex
- Year Built1906
- Price$ 149,900
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.29 Acres
Data Source:
Greater Lansing AOR (GLMLS)
Property Description
Investor Opportunity in Downtown Lansing! Located just ½ mile from the Michigan State Capitol, this fully rented, licensed duplex offers immediate income potential in a prime downtown location. Each unit features its own gas furnace, providing separate heating and added convenience for tenants. The property also boasts a brand-new front porch and a large rear parking lot with plenty of off-street parking—a major advantage in the downtown Lansing market. With strong rental appeal, established tenants, and a highly desirable location, this is an excellent addition to any investor's portfolio. Don't miss this turnkey income-producing opportunity! Apt #1 $815 per month. Lease contract 8/19/24-7/31/27 Apt #2 $925 per month. Lease contract 10/1/26-9/30/27.
| Price History | |
|---|---|
| 8/20/2026 | Listed $149,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Construction Materials | Wood Siding |
| Year Built | 1906 |
| Township | Lansing City |
| Levels | Two |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| County | Ingham |
| Property Type | Resid/Multi-Family |
| Attached Garage | No |
| Subdivision Name | Original of Lansing |
| Garage Y/N | No |
| Status | Active |
| Directions | From 496,North on N. Pine St,approximately 1 mile,location in on the West side of the street. |
| City | Lansing |
| Senior Community Y/N | No |
| High School District | Lansing |
| Zoning Description | Zoning |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12632.4 |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 70863 |
| MobileHomeRemainsYN | No |
| Legal Description | N 38 FT OF S 46 FT LOT 2 BLOCK 77 ORIG PLAT |
| New Construction | None |
Interior Features
| Basement | Michigan |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Above Grade Finished Area | 1528.0 |
| Laundry Features | In Basement,None |
| Total Baths | 2 |
Exterior Features
| Parking Features | Parking Pad |
|---|---|
| Water Source | Public |
| Total Parking | 4.0 |
| Lot Size Area | 0.29 |
| Spa | No |
| Lot Dimensions | 38x165 |
| Lot Size Acres | 0.29 |
| Waterfront Y/N | No |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48933
Price
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 25, 2026 9:36 PM UTC
Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
