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Sold for $185,000
  • $185,000

    309 S Holmes St, Lansing, MI 48912

    4beds
    1,664sqft
    MultiFamily
    Built in 1951
    -- sqft lot
    $186,200 Zestimate®
    $111/sqft
    $1,367 Estimated rent

    Home value

    $186,200

    Estimated sales range

    Not available

    $1,367/mo

    Zestimate® history
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    What's special

    Full basementsTwo bedroom units
    Welcome, to 309-311 S Holmes Street Lansing, MI 48912 located near Sparrows Hospital,MSU, Cooley Law School, and downtown Lansing, . Here for sell is the perfect investment property! A true American dream, in a market thats hard to see, but visualize you have just struck gold at the end of the rainbo. Here is an opportunity you don't see everyday. I present to you, a no nonsense solution to help you create a hedge against inflation. These are two bedroom units with 1 full bath on each side with full basements. Tenants pay all utilities, which are on separate meters. Rent is currently under valued $850- $880. Tenants are long term tenants, I have rented to them for 10 years,however; due to the listing of the property, they are month to month. but the tenants have expressed their willingness to sign a new lease with the new owners, and don't wish to move. There are some updates, roof seems to be in really good condition, water heaters where put in around 2023 in both units.. Also, in 2023 311 had a very small fire that started on the outside of the house that affected the kitchen, but was repaired and is in compliance with the city code enforcements laws, and regulations. These units are all licensed and approved by the city of Lansing building and safety. For viewings, I ask that you give atleast a 24 hour notice. However; if the property is being shown on the day you want to see it, perhaps we can accommodate sameday showings. Thanks for your interest!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,664 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 49 sqft
    Details
    • Parcel number: 33010115407021

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1951

    Community & neighborhood

    Location
    • Region: Lansing

    Price history

    DateEventPrice
    5/12/2026Sold$185,000-15.9%$111/sqft
    Source: Public Record Report a problem
    3/14/2025Listing removed--
    Source: Owner Report a problem
    3/12/2025Listed for sale$219,900+164.4%$132/sqft
    Source: Owner Report a problem
    6/12/2019Sold$83,160-18.5%$50/sqft
    Source: Public Record Report a problem
    1/10/2005Sold$102,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,234 +6.2%$74,100 +11.9%
    2024$3,987 $66,200 +10.7%
    2023-- $59,800 +16.6%
    2022-- $51,300 +9.1%
    2021-- $47,000 +9%
    2020-- $43,100 +6.4%
    2019$2,654 $40,500 +8.3%
    2018$2,654 +4.1%$37,400
    2017$2,549 $37,400 +4.5%
    2016$2,549 $35,800 +6.9%
    2015$2,549 $33,500 +2.1%
    2014$2,549 $32,800 -1.8%
    2013-- $33,400 -7%
    2012-- $35,900 -9.8%
    2011-- $39,800 -11.4%
    2010-- $44,900 -8.7%
    2009-- $49,200 -7.3%
    2008-- $53,100 -3.6%
    2007-- $55,100 -4.3%
    2006-- $57,600 +1.4%
    2005-- $56,800 +6.2%
    2004-- $53,500 +11.9%
    2003-- $47,800 +14.1%
    2002-- $41,900 +8.8%
    2001-- $38,500 +5.8%
    2000-- $36,400

    Find assessor info on the county website

    Neighborhood: 48912

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $186,200
    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
    $186,200