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.
For sale
$170,000
427 N Butler Blvd, Lansing, MI 48915
6beds
1,838sqft
Single Family Residence
Built in 1912
4,791 Square Feet Lot
$168,800 Zestimate®
$92/sqft
$-- HOA
What's special
New roofNew carpetNew windowsNew appliances
- 97 days |
- 212 |
- 13 |
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
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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: $59,400
- Annual tax amount: $3,121
- Date on market: 5/21/2026
- Listing terms: VA Loan,Cash,Conventional,FHA,Contract,MSHDA
Estimated market value
$168,800
$160,000 - $177,000
$1,642/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $170,000$92/sqft |
Source:  Greater Lansing AOR #294803 Report a problem | ||
| 4/23/2026 | Contingent | $170,000$92/sqft |
Source: Greater Lansing AOR #294803 Report a problem | ||
| 4/1/2026 | Price change | $170,000+13.3%$92/sqft |
Source: Greater Lansing AOR #294803 Report a problem | ||
| 12/9/2025 | Listed for sale | $150,000$82/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 11/17/2025 | Pending sale | $150,000$82/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 10/28/2025 | Contingent | $150,000$82/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 6/23/2025 | Price change | $150,000-14.3%$82/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 3/24/2025 | Pending sale | $175,000$95/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 2/6/2025 | Listed for sale | $175,000+75.2%$95/sqft |
Source: Greater Lansing AOR #286120 Report a problem | ||
| 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 |
|---|---|---|
| 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 | -- | $23,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Genesee
Nearby schools
GreatSchools rating
- 4/10Pattengill AcademyGrades: PK-8Distance: 2.2 mi
- 3/10J.W. Sexton High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Lewton SchoolGrades: PK-8Distance: 2.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Ingham County
- Lansing
- 48915
- Genesee
- 427 N Butler Blvd
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