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Off market
  • $166,500

    313 S Holmes St, Lansing, MI 48912

    4beds
    1,664sqft
    MultiFamily
    Built in 1951
    -- sqft lot
    $166,500 Zestimate®
    $100/sqft
    $1,313 Estimated rent

    Home value

    $166,500

    $148,000 - $185,000

    $1,313/mo

    Zestimate® history
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    $1,214/mo

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    $1,214/mo

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    What's special

    Full basementsTwo-bedroom units

    Welcome, to 309-311 S Holmes Street Lansing, MI 48912. Here for sell is the perfect investment property duplex! A true American dream, in a market that's hard to see, but visualize you have just struck gold at the end of the rainbow. Here is an opportunity you don't see every day. 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 undervalued $850- $880. Tenants are long term tenants, I have rented to. one of them for 10 years, the other two tenants been living at the property for 30 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 was put in around 2022 in one unit.. These units are all licensed and approved by the city of Lansing building and safety. For viewings, I ask that you give at least a 24-hour notice. However; if the property is being shown on the day you want to see it, perhaps we can accommodate same day showings. Thanks for your interest!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,664 sqft

    Property

    Features
    • Exterior features: Other, Wood
    Lot
    • Size: 49 sqft
    Details
    • Parcel number: 33010115407031
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Lansing

    Other

    Other facts
    • Driveway: Concrete
    • Land & Acreage: Up to 1/4 Acre
    • Sewer: Public Sewer
    • Type: Two Story
    • Water: Public
    • Extras: Smoke Alarm
    • Roof: Shingle
    • Garage: No Garage
    • Township/Tax Authority: Lansing City
    • Zoning: Residential
    • Exterior: Wood Siding, Shingle Siding

    Price history

    DateEventPrice
    3/14/2025Listing removed--
    Source: Owner Report a problem
    3/13/2025Listed for sale$221,900+166.8%$133/sqft
    Source: Owner Report a problem
    6/12/2019Sold$83,160$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,979 $66,100 +10.7%
    2023-- $59,700 +16.6%
    2022-- $51,200 +9.2%
    2021-- $46,900 +9.1%
    2020-- $43,000 +6.4%
    2019$2,647 $40,400 +8.3%
    2018$2,647 +4.1%$37,300
    2017$2,542 $37,300 +4.5%
    2016$2,542 $35,700 +6.9%
    2015$2,542 $33,400 +2.1%
    2014$2,542 $32,700 -1.8%
    2013-- $33,300 -7%
    2012-- $35,800 -9.8%
    2011-- $39,700 -11.4%
    2010-- $44,800 -8.6%
    2009-- $49,000 -7.4%
    2008-- $52,900 -3.6%
    2007-- $54,900 -4.4%
    2006-- $57,400 +1.4%
    2005-- $56,600 +6.2%
    2004-- $53,300 +11.7%
    2003-- $47,700 +14.4%
    2002-- $41,700 +8.9%
    2001-- $38,300 +5.8%
    2000-- $36,200

    Find assessor info on the county website

    Neighborhood: 48912

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lansing

    Source: The MLS. 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
    $166,500
    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
    $166,500