Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $700, and the lower unit currently occupied at $1,024. The property also includes a coin-operated laundry facility, providing a great opportunity for additional income. With a strong rental history and desirable location, this property is ideal for investors looking to maximize their return. Don't miss this exceptional opportunity!
For sale
Price cut: $8K (7/17)
$140,000
1601 Bailey St, Lansing, MI 48910
3beds
2baths
--sqft
Duplex
Built in 1908
-- sqft lot
$136,700 Zestimate®
$--/sqft
$-- HOA
What's special
Coin-operated laundry facility
- 174 days |
- 259 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Tina Batterson 517-775-9055,
Home Towne Real Estate 517-372-2273
Source: Greater Lansing AOR,MLS#: 294168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Block,Concrete,Full
Interior area
- Finished area above ground: 1,156
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Faces Front
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Exterior features: Private Entrance
Lot
- Size: 4,791 Square Feet
- Dimensions: 42.85 x 114
Details
- Parcel number: 33010122351091
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $54,300
- Annual tax amount: $2,931
- Date on market: 2/28/2026
- Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
Estimated market value
$136,700
$130,000 - $144,000
$1,230/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $140,000-5.4% |
Source:  Greater Lansing AOR #294168 Report a problem | ||
| 6/9/2026 | Price change | $148,000-2.6% |
Source: Greater Lansing AOR #294168 Report a problem | ||
| 5/2/2026 | Price change | $152,000-1.9% |
Source: Greater Lansing AOR #294168 Report a problem | ||
| 3/26/2026 | Price change | $155,000-3.1% |
Source: Greater Lansing AOR #294168 Report a problem | ||
| 3/13/2026 | Listing removed | $700 |
Source: Zillow Rentals Report a problem | ||
| 3/11/2026 | Price change | $160,000-3% |
Source: Greater Lansing AOR #294168 Report a problem | ||
| 2/28/2026 | Listed for sale | $165,000+6.5% |
Source: Greater Lansing AOR #294168 Report a problem | ||
| 2/24/2026 | Price change | $700-6.7% |
Source: Zillow Rentals Report a problem | ||
| 12/9/2025 | Price change | $750-6.3% |
Source: Zillow Rentals Report a problem | ||
| 11/11/2025 | Listed for rent | $800-27.3% |
Source: Zillow Rentals Report a problem | ||
| 2/27/2025 | Sold | $155,000 |
Source: Public Record Report a problem | ||
| 11/12/2024 | Sold | $155,000-6% |
Source:  MichRIC #24047396 Report a problem | ||
| 10/8/2024 | Pending sale | $164,900 |
Source: MichRIC #24047396 Report a problem | ||
| 9/9/2024 | Listed for sale | $164,900+49.9% |
Source: MichRIC #24047396 Report a problem | ||
| 9/5/2024 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 9/3/2024 | Price change | $1,100-4.3% |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Price change | $1,150-8% |
Source: Zillow Rentals Report a problem | ||
| 5/13/2024 | Listed for rent | $1,250-3.8% |
Source: Zillow Rentals Report a problem | ||
| 4/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/5/2023 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 3/9/2022 | Sold | $110,000 |
Source: Public Record Report a problem | ||
| 2/10/2022 | Pending sale | $110,000 |
Source: Greater Lansing AOR #262649 Report a problem | ||
| 2/9/2022 | Listed for sale | $110,000 |
Source: Greater Lansing AOR #262649 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,931 +6.1% | $54,300 +51.3% |
| 2024 | $2,763 | $35,900 +12.5% |
| 2023 | -- | $31,900 +7.4% |
| 2022 | -- | $29,700 +11.7% |
| 2021 | -- | $26,600 +9% |
| 2020 | -- | $24,400 +9.9% |
| 2019 | $1,694 | $22,200 +4.7% |
| 2018 | $1,694 +2.2% | $21,200 |
| 2017 | $1,657 | $21,200 +1.9% |
| 2016 | $1,657 | $20,800 +2.5% |
| 2015 | $1,657 | $20,300 -0.5% |
| 2014 | $1,657 | $20,400 -4.2% |
| 2013 | -- | $21,300 -7.4% |
| 2012 | -- | $23,000 -11.9% |
| 2011 | -- | $26,100 -13.9% |
| 2010 | -- | $30,300 -11.7% |
| 2009 | -- | $34,300 -7.3% |
| 2008 | -- | $37,000 +0.5% |
| 2007 | -- | $36,800 +7% |
| 2006 | -- | $34,400 +25.1% |
| 2005 | -- | $27,500 +11.8% |
| 2004 | -- | $24,600 +9.3% |
| 2003 | -- | $22,500 +10.3% |
| 2002 | -- | $20,400 +5.2% |
| 2001 | -- | $19,400 +2.6% |
| 2000 | -- | $18,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Baker
Nearby schools
GreatSchools rating
- 4/10Lyons SchoolGrades: PK-4Distance: 0.9 mi
- 4/10Pattengill AcademyGrades: PK-8Distance: 2.1 mi
- 5/10Eastern High SchoolGrades: 9-12Distance: 1.9 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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A local agent can set up tours, give advice and negotiate with sellers.
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