Address
420 W Ionia Street, Lansing, MI
Price
$ 250,000
Property Attributes
  • MLS#298810
  • TypeMulti-Family
  • Listing Status Active
  • CountyINGHAM
  • CityLansing
  • AreaLansing City
  • NeighborhoodOriginal of Lansing
  • Zip48933
  • StyleColonial
  • Year Built1890
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.26 Acres
Data Source:
Greater Lansing AOR (GLMLS)
Property Description

Late 1800's Victorian house is sitting, waiting for it's next visionary. Best part is the carriage house in rear is also available and set up as duplex with 2 x 1 bed 1 bath units, with separate heating/cooling and electrical (shared water between all 3 properties but could be split) (and new roof that was torn off and re-shingled with new underlayment). Don't need the rental convert back to garage with finished upstairs. Home boasts 2100 finished square feet with the original wood flooring, doors and trim. Most all plaster work has been redone and 2nd floor fireplace restored. Could also be a duplex with plumbing in place for 2nd kitchen or 2nd floor laundry. Would offer 6 beds and 2 baths. Parking for 3+ cars. Create great cash flow and also a one-of-a-kind residence - your choice!

Price History
8/27/2026 Listed $250,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Utilities High Speed Internet Connected,High Speed Internet Available,Cable Available
Roof Shingle
Appliances Gas Water Heater
Architectural Style Colonial
Pool Features None
Construction Materials Brick,Stucco
Year Built 1890
Electric 200+ Amp Service
Township Lansing City
Levels Two
Property Subtype Duplex
Tax Year 2025
County Ingham
Insurance Expense 1000.0
Property Type Resid/Multi-Family
Attached Garage No
MaintenanceExpense 1800.0
Subdivision Name Original of Lansing
Garage Y/N No
Status Active
Directions Walnut N to Ionia E
City Lansing
Senior Community Y/N No
High School District Lansing
Zoning Description Zoning
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 11325.6
Carport Spaces 3.0
Carport Y/N No
Spa Features None
Land Lease Y/N No
Current Financing Contract
Water Sewer Expense 2400.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://my.matterport.com/show/?m=v8UHnuMm894
Standard Status Active
Elementary School District Lansing
Tax Assessed Value 42321
Taxes 3657.0
MobileHomeRemainsYN No
Legal Description COM 3 R W OF SE COR LOT 7,TH N 8 R,W 2 R,S 3 1/2 R,W 1 R,S 4 1/2 R,E 3 R TO BEG; BLOCK 86 ORIG PLAT
New Construction None

Interior Features

Basement Full
Flooring Carpet,Hardwood,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds,Wood Frames
Above Grade Finished Area 3668.0
Laundry Features None

Exterior Features

Fencing Chain Link,Partial,Privacy
Parking Features Off Street
Lot Features City Lot,Rectangular Lot
Water Source Public
Total Parking 3.0
Lot Size Area 0.26
Foundation Details Block,Stone,Slab
Spa No
Lot Dimensions 33x132
Lot Size Acres 0.26
Road Surface Type Asphalt
Waterfront Y/N No
Road Frontage Type City Street
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
AVG $170K
$250K
Year Built
AVG 1897
1890