Well-maintained and updated income-generating duplex property, located in the desirable Waverly School District in Lansing Township. Offering excellent potential for strong cash flow and long-term investment. New roof in 2006, New Exterior Staircase in 2025. All utilities split. Main floor is occupied by long term tenant and upstairs has a new tenant with a year lease.
Sold for $139,900
$139,900
316 S Rosemary St, Lansing, MI 48917
4beds
2baths
--sqft
MultiFamily
Built in 1940
-- sqft lot
$149,700 Zestimate®
$--/sqft
$1,328 Estimated rent
Home value
$149,700
$132,000 - $166,000
$1,328/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
David Hall 517-712-8329,
Achieve Real Estate LLC
Bought with:
Jamie Fox, 6506048891
Trubrook, LLC
Source: Greater Lansing AOR,MLS#: 288974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: In Basement, In Unit, Upper Level
Features
- Basement: Full
- Has fireplace: No
Interior area
- Finished area above ground: 1,223
Property
Parking
- Total spaces: 2
- Parking features: Gravel, No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 135
Details
- Parcel number: 33210118406015
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $52,800
- Annual tax amount: $2,027
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $139,900 |
Source:  Greater Lansing AOR #288974 Report a problem | ||
| 9/3/2025 | Pending sale | $139,900 |
Source: Greater Lansing AOR #288974 Report a problem | ||
| 8/11/2025 | Contingent | $139,900 |
Source: Greater Lansing AOR #288974 Report a problem | ||
| 6/16/2025 | Listed for sale | $139,900-0.1% |
Source: Greater Lansing AOR #288974 Report a problem | ||
| 11/16/2023 | Listing removed | -- |
Source: Greater Lansing AOR #270042 Report a problem | ||
| 11/16/2022 | Listed for rent | $140,000 |
Source:  Exit Realty #270042 Report a problem | ||
| 11/15/2022 | Listed for sale | $140,000+75% |
Source: Greater Lansing AOR #270042 Report a problem | ||
| 1/22/2008 | Sold | $80,000+23.3% |
Source: Public Record Report a problem | ||
| 1/27/2004 | Sold | $64,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,027 +10.2% | $52,800 +7.1% |
| 2024 | $1,840 | $49,300 +8.8% |
| 2023 | -- | $45,300 +21.1% |
| 2022 | -- | $37,400 +14.4% |
| 2021 | -- | $32,700 +21.6% |
| 2020 | -- | $26,900 +7.2% |
| 2019 | $1,666 | $25,100 +5.5% |
| 2018 | $1,666 | $23,800 |
| 2017 | -- | $23,800 -14.1% |
| 2016 | -- | $27,700 +9.1% |
| 2015 | -- | $25,400 -0.8% |
| 2014 | -- | $25,600 +7.1% |
| 2013 | -- | $23,900 +1.7% |
| 2012 | -- | $23,500 -17.8% |
| 2011 | -- | $28,600 -13.3% |
| 2010 | -- | $33,000 -13.8% |
| 2009 | -- | $38,300 -15.6% |
| 2008 | -- | $45,400 +3.2% |
| 2007 | -- | $44,000 +6.5% |
| 2006 | -- | $41,300 +5.1% |
| 2005 | -- | $39,300 +26.8% |
| 2004 | -- | $31,000 +9.2% |
| 2003 | -- | $28,400 +10.1% |
| 2002 | -- | $25,800 +2% |
| 2001 | -- | $25,300 +3.7% |
| 2000 | -- | $24,400 |
Find assessor info on the county website
Neighborhood: 48917
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Nearby schools
GreatSchools rating
- 4/10East Intermediate SchoolGrades: 5-6Distance: 0.2 mi
- 4/10Waverly Middle SchoolGrades: 7-8Distance: 1.8 mi
- 5/10Waverly Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- High: Waverly
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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Estimated market value
$149,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$149,700
- Michigan
- Ingham County
- Lansing
- 48917
- 316 S Rosemary St
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