Pending

$115,000

313 W Cesar E Chavez Ave, Lansing, MI 48906

3beds

1baths

--sqft

$997/mo

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Triplex

Built in 1875

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Excellent cash-flow opportunity! This registered 3-unit rental in the City of Lansing is priced at just $115,000 and offers immediate income potential with two vacant units ready for a new owner to lease or occupy. The property features one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio currently tenant-occupied. Previous rents were approximately $900 for the 2-bedroom, $835 for the 1-bedroom, and $675 for the studio. Each unit has separate utilities (owner pays water only), with individual furnaces for Units 1 and 2 and baseboard heat in Unit 3. Additional features include a newer roof (approximately 3 years old), rental license valid through 7/1/2027, and a convenient location just minutes from Lansing Community College, downtown Lansing, shopping, and major highways.

66 days
21
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Gas Water Heater
Laundry: None

Features

Flooring: Vinyl, Wood
Basement: Michigan

Interior area

Finished area above ground: 1,556

Property

Parking

Total spaces: 3
Parking features: Driveway, No Garage, Off Street
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: None
Fencing: Back Yard,Wire

Lot

Size: 4,356 Square Feet
Dimensions: 33 x 132
Features: Back Yard, Front Yard

Details

Parcel number: 33010109329221
Zoning description: Zoning

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Wood Siding
Foundation: Block
Roof: Shingle

Condition

Year built: 1875

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

Location

Region: Lansing

Financial & listing details

Tax assessed value: $41,557
Date on market: 6/26/2026
Listing terms: Cash,Conventional,FHA
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,059/mo

Price history

Date	Event	Price
7/14/2026	Pending sale	$115,000
Source: BHHS broker feed #297144 Report a problem
7/14/2026	Contingent	$115,000
Source: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate #630000297144 Report a problem
6/26/2026	Listed for sale	$115,000+130%
Source: Greater Lansing AOR #297144 Report a problem
12/28/2024	Listing removed	$825
Source: Zillow Rentals Report a problem
12/20/2024	Listed for rent	$825+13.8%
Source: Zillow Rentals Report a problem
11/12/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/1/2023	Price change	$725-8.8%
Source: Zillow Rentals Report a problem
10/21/2023	Listed for rent	$795
Source: Zillow Rentals Report a problem
4/23/2020	Sold	$50,000-28.5%
Source: Greater Lansing AOR #240749 Report a problem
4/30/2019	Price change	$69,900-11.4%
Source: Laura DeLong Realty #235181 Report a problem
4/8/2019	Listed for sale	$78,900-1.3%
Source: Laura DeLong Realty #235181 Report a problem
2/15/2019	Listing removed	$79,900
Source: Gateway To Homes at Keller Williams #231315 Report a problem
10/12/2018	Listed for sale	$79,900
Source: Gateway To Homes at Keller Williams #231315 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Old Town

Getting around

87 / 100

Very Walkable

45 / 100

Some Transit

94 / 100

Biker's Paradise

Nearby schools

GreatSchools rating

4/10
Willow School
Grades: PK-5Distance: 1.3 mi
3/10
Sheridan Road
Grades: PK,5-8Distance: 1.7 mi
3/10
J.W. Sexton High School
Grades: 9-12Distance: 1.4 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.