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For sale
    • Price cut: $4K (6/9)
    $148,000

    1601 Bailey St, Lansing, MI 48910

    3beds
    2baths
    --sqft
    : 
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    Duplex
    Built in 1908
    -- sqft lot
    $143,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Coin-operated laundry facility
    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!
    126 days
    |
    528
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Batterson 517-775-9055,

    Home Towne Real Estate 517-372-2273

    Source: Greater Lansing AOR,MLS#: 294168MLS Logo

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      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: $2,763
      • Date on market: 2/28/2026
      • Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan

        Estimated market value

        $143,800

        $137,000 - $151,000

        $1,297/mo

        Price history

        DateEventPrice
        6/9/2026Price change$148,000-2.6%
        Source: Greater Lansing AOR #294168 Report a problem
        5/2/2026Price change$152,000-1.9%
        Source: Greater Lansing AOR #294168 Report a problem
        3/26/2026Price change$155,000-3.1%
        Source: Greater Lansing AOR #294168 Report a problem
        3/13/2026Listing removed$700
        Source: Zillow Rentals Report a problem
        3/11/2026Price change$160,000-3%
        Source: Greater Lansing AOR #294168 Report a problem
        2/28/2026Listed for sale$165,000+6.5%
        Source: Greater Lansing AOR #294168 Report a problem
        2/24/2026Price change$700-6.7%
        Source: Zillow Rentals Report a problem
        12/9/2025Price change$750-6.3%
        Source: Zillow Rentals Report a problem
        11/11/2025Listed for rent$800-27.3%
        Source: Zillow Rentals Report a problem
        2/27/2025Sold$155,000
        Source: Public Record Report a problem
        11/12/2024Sold$155,000-6%
        Source: MichRIC #24047396 Report a problem
        10/8/2024Pending sale$164,900
        Source: MichRIC #24047396 Report a problem
        9/9/2024Listed for sale$164,900+49.9%
        Source: MichRIC #24047396 Report a problem
        9/5/2024Listing removed$1,100
        Source: Zillow Rentals Report a problem
        9/3/2024Price change$1,100-4.3%
        Source: Zillow Rentals Report a problem
        8/21/2024Price change$1,150-8%
        Source: Zillow Rentals Report a problem
        5/13/2024Listed for rent$1,250-3.8%
        Source: Zillow Rentals Report a problem
        4/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/5/2023Listed for rent$1,300
        Source: Zillow Rentals Report a problem
        3/9/2022Sold$110,000
        Source: Public Record Report a problem
        2/10/2022Pending sale$110,000
        Source: Greater Lansing AOR #262649 Report a problem
        2/9/2022Listed for sale$110,000
        Source: Greater Lansing AOR #262649 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Baker

        Getting around

        68 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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