Buyer financing fell through! Solid investment property with long rental history. This two-story single-family home has 1,838 finished square feet, including 6 bedrooms and 4 bathrooms. Finished rec room (or 7th bedroom) in basement. Extensive renovations, including new carpet, new windows, and new appliances in 2025. New A/C in 2024 and new roof in 2019. The property is vacant; the most recent tenant was paying $1,650 per month. The City of Lansing rental license expires on 8/1/28. This property is one of 3 investment properties located next door to each other being sold individually or as a package (425, 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. The property holds a Section 8 certificate.
Pending
$170,000
427 N Butler Blvd, Lansing, MI 48915
6beds
1,838sqft
Single Family Residence
Built in 1912
4,791 Square Feet Lot
$165,700 Zestimate®
$92/sqft
$-- HOA
What's special
New roofNew carpetNew windowsNew appliances
- 195 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Gary Naeyaert 517-281-2690,
EXIT Realty Home Partners 517-803-2345
Source: Greater Lansing AOR,MLS#: 294803
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Area: 89.25 Square Feet
- Dimensions: 10.5 x 8.5
Bedroom 2
- Level: Second
- Area: 152 Square Feet
- Dimensions: 16 x 9.5
Bedroom 3
- Level: Second
- Area: 95 Square Feet
- Dimensions: 10 x 9.5
Bedroom 4
- Level: Second
- Area: 95 Square Feet
- Dimensions: 10 x 9.5
Bedroom 5
- Level: Second
- Area: 99 Square Feet
- Dimensions: 11 x 9
Den
- Description: or Bedroom #7
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16 x 12
Dining room
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Level: First
- Area: 114.75 Square Feet
- Dimensions: 13.5 x 8.5
Living room
- Level: First
- Area: 229.5 Square Feet
- Dimensions: 17 x 13.5
Other
- Description: Bedroom #6
- Level: Second
- Area: 78.75 Square Feet
- Dimensions: 10.5 x 7.5
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Water Heater
- Laundry: In Basement
Features
- Flooring: Carpet, Linoleum
- Basement: Full
Interior area
- Total structure area: 2,457
- Total interior livable area: 1,838 sqft
- Finished area above ground: 1,638
- Finished area below ground: 200
Property
Parking
- Parking features: On Site, Parking Lot, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 4,791 Square Feet
- Dimensions: 33 x 148.5
Details
- Foundation area: 819
- Parcel number: 33010117231281
- Zoning description: Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Lansing
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $64,000
- Annual tax amount: $3,121
- Date on market: 5/21/2026
- Listing terms: VA Loan,Cash,Conventional,FHA,Contract,MSHDA
Estimated market value
$165,700
$157,000 - $174,000
$1,963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $170,000$92/sqft |
Source: | ||
| 7/28/2026 | Contingent | $170,000$92/sqft |
Source: EXIT Realty broker feed #294803 Report a problem | ||
| 5/21/2026 | Listed for sale | $170,000$92/sqft |
Source: | ||
| 4/23/2026 | Contingent | $170,000$92/sqft |
Source: | ||
| 4/1/2026 | Price change | $170,000+13.3%$92/sqft |
Source: | ||
| 12/9/2025 | Listed for sale | $150,000$82/sqft |
Source: | ||
| 11/17/2025 | Pending sale | $150,000$82/sqft |
Source: | ||
| 10/28/2025 | Contingent | $150,000$82/sqft |
Source: | ||
| 6/23/2025 | Price change | $150,000-14.3%$82/sqft |
Source: | ||
| 3/24/2025 | Pending sale | $175,000$95/sqft |
Source: | ||
| 2/6/2025 | Listed for sale | $175,000+75.2%$95/sqft |
Source: | ||
| 6/12/2007 | Sold | $99,900+129.7%$54/sqft |
Source: Public Record Report a problem | ||
| 5/9/2006 | Sold | $43,500-46.2%$24/sqft |
Source: Public Record Report a problem | ||
| 8/10/2005 | Sold | $80,831+9.1%$44/sqft |
Source: Public Record Report a problem | ||
| 11/15/2004 | Sold | $74,101-5%$40/sqft |
Source: Public Record Report a problem | ||
| 7/7/2004 | Sold | $78,000+116.7%$42/sqft |
Source: Public Record Report a problem | ||
| 8/8/2001 | Sold | $36,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,593 +6.3% | $64,000 +7.7% |
| 2024 | $3,380 | $59,400 +11.4% |
| 2023 | -- | $53,300 +11.3% |
| 2022 | -- | $47,900 +11.9% |
| 2021 | -- | $42,800 +8.9% |
| 2020 | -- | $39,300 +0.8% |
| 2019 | $2,732 | $39,000 +6% |
| 2018 | $2,732 -44.8% | $36,800 |
| 2017 | $4,951 | $36,800 +1.7% |
| 2016 | $4,951 | $36,200 +4% |
| 2015 | $4,951 | $34,800 -2% |
| 2014 | $4,951 | $35,500 |
| 2013 | -- | $35,500 -4.3% |
| 2012 | -- | $37,100 +0.3% |
| 2011 | -- | $37,000 -7.5% |
| 2010 | -- | $40,000 -14% |
| 2009 | -- | $46,500 +17.1% |
| 2008 | -- | $39,700 +0.5% |
| 2007 | -- | $39,500 -24% |
| 2006 | -- | $52,000 +20.6% |
| 2005 | -- | $43,100 +10.5% |
| 2004 | -- | $39,000 +19.6% |
| 2003 | -- | $32,600 +14.8% |
| 2002 | -- | $28,400 +13.6% |
| 2001 | -- | $25,000 +6.8% |
| 2000 | -- | $23,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Genesee
Nearby schools
Schools provided by the listing agent
- High: Lansing
- District: 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.





