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Off market
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  • $197,100

    4400 Seaway Dr, Lansing, MI 48911

    --beds
    2,048sqft
    MultiFamily
    Built in 1972
    -- sqft lot
    $197,100 Zestimate®
    $96/sqft
    $1,462 Estimated rent

    Home value

    $197,100

    $179,000 - $215,000

    $1,462/mo

    Zestimate® history
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    $1,344/mo

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    $1,344/mo

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    What's special

    It's a 2 for 1 sale! This 2-unit duplex (horizontally attached) is located in Lansing, just 15 minutes away from MSU. This duplex is a great rental income opportunity for investors and have provided a10% net profit annually to previous owners (monthly rental income available upon request). It can also be converted into a single large home for families. Tenants with great rental history have occupied 1 unit of the duplex (4201 Glenburne) for more than 6 years. This unit contains 3 massive bedrooms, 1 bath, 1 office, a partially finished basement with egress window, a storage shed, and 2 concrete parking spaces. The 2nd unit (4400 Seaway) is a 2-story unit containing 3 large bedrooms, 1.5 baths (1 full bath 2nd story, half bath 1st story), spacious basement, large deck, fenced in yard, and a 2-car attached garage. It's ready for move-in with no work needed!

    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
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    Features
    • Basement: Partially Finished, Basement
    Interior area
    • Total interior livable area: 2,048 sqft
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Brick
    • Fencing: Fenced
    • Frontage length: Frontage Feet: 91
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 23504036407001
    • Zoning description: Residential
    • Special conditions: Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Materials
    • Roof: Asphalt
    Condition
    • Remodeled
    • Year built: 1972
    • Major remodel year: 2013

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Sewer at Street
    • Water: Water at Street

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Lansing

    HOA & financial

    Other financial information
    • Total actual rent: 1585

    Other

    Other facts
    • Heating: Forced Air, Natural Gas
    • RoadSurfaceType: Paved
    • Roof: Asphalt
    • ArchitecturalStyle: Ranch
    • Basement: Partially Finished, Basement
    • Appliances: Humidifier, Gas Water Heater
    • ZoningDescription: Residential
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • PatioAndPorchFeatures: Deck, Porch
    • CoolingYN: true
    • CurrentFinancing: Conventional, Cash
    • Fencing: Fenced
    • Gas: Natural Gas
    • YearBuiltEffective: 2013
    • NumberOfUnitsLeased: 1
    • Cooling: Central Air
    • FoundationDetails: Poured
    • ParkingFeatures: Garage
    • ExteriorFeatures: Lighting
    • SecurityFeatures: Carbon Monoxide Detector(s)
    • BelowGradeFinishedArea: 500
    • TotalActualRent: 1585
    • ConstructionMaterials: Brick Siding
    • SpecialListingConditions: Sale
    • PropertyCondition: Remodeled
    • WaterSource: Water at Street
    • Sewer: Sewer at Street
    • Exclusions: Exclusions
    • FrontageLength: Frontage Feet: 91
    • MlsStatus: Active
    • TaxAnnualAmount: 4718.0000
    • GrossScheduledIncome: 18021.00
    • NetOperatingIncome: 12077.00
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/12/2020Sold$113,000-9.5%$55/sqft
    Source: Public Record Report a problem
    10/12/2020Price change$124,900-3.8%$61/sqft
    Source: RE/MAX Platinum #2200074119 Report a problem
    9/29/2020Price change$129,900-3.7%$63/sqft
    Source: RE/MAX Platinum #2200074119 Report a problem
    9/10/2020Listed for sale$134,900+217.4%$66/sqft
    Source: RE/MAX Platinum #2200074119 Report a problem
    4/8/2014Listing removed$835
    Source: Affordable Rental management, LLC Report a problem
    3/9/2014Listed for rent$835
    Source: Affordable Rental management, LLC Report a problem
    11/5/2012Sold$42,500-5.3%$21/sqft
    Source: Public Record Report a problem
    10/11/2012Price change$44,900-12.8%$22/sqft
    Source: Home Towne Realty Group #39573 Report a problem
    9/16/2012Price change$51,500-11.1%$25/sqft
    Source: Home Towne Realty Group #39573 Report a problem
    8/22/2012Price change$57,900-10.8%$28/sqft
    Source: Home Towne Realty Group #39573 Report a problem
    7/29/2012Listed for sale$64,900-26.3%$32/sqft
    Source: Home Towne Realty Group #39573 Report a problem
    1/1/2012Listing removed$88,000$43/sqft
    Source: Keller Williams Realty #25220 Report a problem
    11/3/2011Price change$88,000-2.2%$43/sqft
    Source: Keller Williams Realty #25220 Report a problem
    9/13/2011Price change$90,000-7.2%$44/sqft
    Source: Keller Williams Realty #25220 Report a problem
    8/4/2011Price change$97,000-2.9%$47/sqft
    Source: Keller Williams Realty #25220 Report a problem
    7/15/2011Price change$99,900-16.8%$49/sqft
    Source: Keller Williams Realty #25220 Report a problem
    5/4/2011Listed for sale$120,000$59/sqft
    Source: Keller Williams Realty Lansing - East #25220 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,325 $113,100 +13.9%
    2024-- $99,300 +25.5%
    2021$10,237 +104.4%$79,100 +5.5%
    2020$5,008 $75,000 +9.8%
    2019$5,008 +6.2%$68,300 +8.8%
    2018$4,718 +2.7%$62,800 +1.6%
    2017$4,593 $61,800 +0.8%
    2016-- $61,300 +0.2%
    2015-- $61,200 +3.5%
    2014-- $59,131 +1.6%
    2013-- $58,200 -18.8%
    2011-- $71,700 -7.1%
    2010-- $77,200 -11%
    2009-- $86,700 -14.7%
    2008-- $101,700 +85.9%
    2007-- $54,700 -40.7%
    2006-- $92,200 +13.1%
    2005-- $81,500 +4.8%
    2004-- $77,800 +17.7%
    2002-- $66,100 +8.4%
    2001-- $61,000

    Find assessor info on the county website

    Neighborhood: Lansing-Eaton

    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
    $197,100
    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
    $197,100