Multiple Offers: DEADLINE 6/5/25 @8 PM
GREAT INVESTMENT OPPORTUNITY! ALL UNITS OCCUPIED! Calling all Lansing area new or seasoned investors - 3X's the Income - This one is not to miss! This sought-after 3-unit provides Great Immediate Income. Rents total approximately $2,757 per month currently with potential room for growth. Prime locattion near Lansings Stadium District, Downtown, Sparrow Hospital, MSU Campus and highways/bus routes.
Conveniently located near downtown this three-unit rental offers newer vinyl siding, windows, flooring, paint, and lower roof NEW. All units are rented! All units have separate utilities, including water which is quite costly to do and very rare. Don't miss out on this money-making opportunity!
This property is part of a multi-unit portfolio with diverse income potential. * 131 S Hosmer: 3 UNIT- 2; 2 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented in current leases. Please allow at least 24 hours to schedule showings due to tenant notice.
*Financials & leases available upon request
Sold for $170,000
$170,000
131 S Hosmer St, Lansing, MI 48912
5beds
3baths
--sqft
MultiFamily
Built in 1895
-- sqft lot
$179,000 Zestimate®
$--/sqft
$1,165 Estimated rent
Home value
$179,000
$161,000 - $199,000
$1,165/mo
Zestimate® history
Owner options
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$1,165/mo
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$1,165/mo
Rent Zestimate®
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$1,248/mo
Est. payment
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$1,248/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Amber Redman 517-881-6658,
Five Star Real Estate - Lansing
Bought with:
Farrin Forsberg
Bellabay Realty, LLC
Source: Greater Lansing AOR,MLS#: 285479
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Other
Features
- Flooring: Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Finished area above ground: 1,803
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Lighting
Lot
- Size: 4,356 sqft
- Dimensions: 33 x 125
- Features: Front Yard, Near Public Transit, Corner Lot
Details
- Parcel number: 33010115303051
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lansing
- Subdivision: Green Oak
Other
Other facts
- Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $170,000-2.9% |
Source:  Greater Lansing AOR #285479 Report a problem | ||
| 7/15/2025 | Pending sale | $175,000 |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 6/7/2025 | Contingent | $175,000 |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 5/4/2025 | Listed for sale | $175,000 |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 4/21/2025 | Contingent | $175,000 |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 4/11/2025 | Price change | $175,000-2.7% |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 2/3/2025 | Price change | $179,900-5.3% |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 12/27/2024 | Listed for sale | $189,900-9.1% |
Source: Greater Lansing AOR #285479 Report a problem | ||
| 10/17/2024 | Listing removed | $209,000 |
Source: Greater Lansing AOR #282807 Report a problem | ||
| 9/17/2024 | Price change | $209,000-4.6% |
Source: Greater Lansing AOR #282807 Report a problem | ||
| 8/12/2024 | Listed for sale | $219,000+65.3% |
Source: Greater Lansing AOR #282807 Report a problem | ||
| 8/1/2022 | Sold | $132,500-5.3% |
Source: Greater Lansing AOR #264230 Report a problem | ||
| 6/3/2022 | Contingent | $139,900 |
Source: Greater Lansing AOR #264230 Report a problem | ||
| 4/20/2022 | Listed for sale | $139,900+899.3% |
Source: Greater Lansing AOR #264230 Report a problem | ||
| 6/6/2008 | Sold | $14,000-80.4% |
Source: Public Record Report a problem | ||
| 3/29/2007 | Sold | $71,361-32.7% |
Source: Public Record Report a problem | ||
| 11/17/2005 | Sold | $106,000+21.8% |
Source: Public Record Report a problem | ||
| 2/9/2004 | Sold | $87,000+33.8% |
Source: Public Record Report a problem | ||
| 10/30/2002 | Sold | $65,000+45.7% |
Source: Public Record Report a problem | ||
| 11/23/1999 | Sold | $44,625 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,938 +7.8% | $84,200 +27% |
| 2024 | $4,583 | $66,300 +24.2% |
| 2023 | -- | $53,400 +14.1% |
| 2022 | -- | $46,800 +13.9% |
| 2021 | -- | $41,100 +12% |
| 2020 | -- | $36,700 +4.6% |
| 2019 | $2,286 | $35,100 +24.5% |
| 2018 | $2,286 +2.1% | $28,200 |
| 2017 | $2,240 | $28,200 +1.8% |
| 2016 | $2,240 | $27,700 +2.6% |
| 2015 | $2,240 | $27,000 -0.7% |
| 2014 | $2,240 | $27,200 -1.8% |
| 2013 | -- | $27,700 -10.1% |
| 2012 | -- | $30,800 -13% |
| 2011 | -- | $35,400 -14.5% |
| 2010 | -- | $41,400 -10.6% |
| 2009 | -- | $46,300 -9% |
| 2008 | -- | $50,900 -0.8% |
| 2007 | -- | $51,300 +2.4% |
| 2006 | -- | $50,100 +16.2% |
| 2005 | -- | $43,100 +6.7% |
| 2004 | -- | $40,400 +17.8% |
| 2003 | -- | $34,300 +20.4% |
| 2002 | -- | $28,500 +14.9% |
| 2001 | -- | $24,800 +6.4% |
| 2000 | -- | $23,300 |
Find assessor info on the county website
Neighborhood: Green Oaks
Nearby schools
GreatSchools rating
- 4/10Pattengill AcademyGrades: PK-8Distance: 1.2 mi
- 5/10Eastern High SchoolGrades: 9-12Distance: 1 mi
- 3/10Sheridan RoadGrades: PK,5-8Distance: 2.7 mi
Schools provided by the listing agent
- High: Lansing
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$179,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$179,000
- Michigan
- Ingham County
- Lansing
- 48912
- Green Oaks
- 131 S Hosmer St
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