313 W César E. Chávez Avenue Lansing, MI 48906
Excellent cash-flow opportunity! This registered 3-unit rental in the City of Lansing is priced at just $115,000 and offers immediate income potential with two vacant units ready for a new owner to lease or occupy. The property features one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio currently tenant-occupied. Previous rents were approximately $900 for the 2-bedroom, $835 for the 1-bedroom, and $675 for the studio. Each unit has separate utilities (owner pays water only), with individual furnaces for Units 1 and 2 and baseboard heat in Unit 3. Additional features include a newer roof (approximately 3 years old), rental license valid through 7/1/2027, and a convenient location just minutes from Lansing Community College, downtown Lansing, shopping, and major highways.
property details
Interior Features
Wood
Exterior Features
No Garage
Off Street
Utility & Building Info
Forced Air
Price History
| date | event | price | source |
|---|---|---|---|
|
07/13/2026
07/13/2026
|
Pending |
$115,000
|
Greater Lansing Association of Realtors |
|
06/26/2026
06/26/2026
|
Active |
$115,000
|
Greater Lansing Association of Realtors |
Market Trends
Source: Constellation1
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