Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a generous bedroom. The upper unit spans the second and third floors, offering a spacious one-bedroom layout plus an impressive loft space on the third level. This unit includes a comfortable living area and kitchen, 1.5 Bathrooms with laundry conveniently located in the basement. Each unit is separately metered, with tenants responsible for gas, electric, water, and sewer. The landlord covers lawn care, snow removal, and trash service. The property also includes a dedicated parking pad accommodating up to four vehicles—an added convenience for tenants. A solid opportunity for investors looking to add a fully occupied property in a desirable rental location—schedule your showing today!
Pending
$170,000
529 Cherry St, Lansing, MI 48933
2beds
1baths
--sqft
Duplex
Built in 1906
-- sqft lot
$163,200 Zestimate®
$--/sqft
$-- HOA
What's special
In-unit laundryGenerous bedroom
- 164 days
- 34
- 1
Zillow last checked:
Listing updated:
Listed by:
Cindy Beckwith 517-614-2254,
Five Star Real Estate - Lansing 517-507-0068
Source: Greater Lansing AOR,MLS#: 294596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced Air, Natural Gas, Separate Meters
Cooling
- Central Air
Appliances
- Included: Water Heater
- Laundry: Laundry Room, Lower Level, Main Level
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Full,Michigan
Interior area
- Finished area above ground: 1,280
Property
Parking
- Total spaces: 4
- Parking features: No Garage, Parking Pad
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Front Porch
- Fencing: Back Yard
Lot
- Size: 4,791 Square Feet
- Dimensions: 37.1 x 66
- Features: Back Yard
Details
- Parcel number: 33010116457071
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Original of Lansing
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $46,498
- Annual tax amount: $4,060
- Date on market: 3/23/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$163,200
$155,000 - $171,000
$1,046/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Pending sale | $170,000 |
Source: | ||
| 5/15/2026 | Price change | $170,000-2.9% |
Source: | ||
| 3/23/2026 | Listed for sale | $175,000+28.7% |
Source: | ||
| 10/27/2023 | Sold | $136,000-2.8% |
Source: | ||
| 9/2/2023 | Contingent | $139,900 |
Source: | ||
| 8/20/2023 | Listed for sale | $139,900+24.9% |
Source: | ||
| 2/17/2018 | Listing removed | $112,000 |
Source: RE/MAX Real Estate Pros GrRive #219600 Report a problem | ||
| 2/12/2018 | Pending sale | $112,000 |
Source: RE/MAX Real Estate Professionals #219600 Report a problem | ||
| 8/9/2017 | Price change | $112,000-2.6% |
Source: RE/MAX Real Estate Professionals #219600 Report a problem | ||
| 6/12/2017 | Listed for sale | $115,000+15% |
Source: RE/MAX Real Estate Pros GrRive #216913 Report a problem | ||
| 8/14/2006 | Sold | $100,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,060 +48% | $53,300 +18.2% |
| 2024 | $2,744 | $45,100 +18.4% |
| 2023 | -- | $38,100 +8.5% |
| 2022 | -- | $35,100 +13.2% |
| 2021 | -- | $31,000 +3.3% |
| 2020 | -- | $30,000 +0.7% |
| 2019 | $2,166 | $29,800 +6.4% |
| 2018 | $2,166 +1.3% | $28,000 |
| 2017 | $2,139 | $28,000 +1.8% |
| 2016 | $2,139 | $27,500 +3% |
| 2015 | $2,139 | $26,700 -1.5% |
| 2014 | $2,139 | $27,100 -2.2% |
| 2013 | -- | $27,700 -5.5% |
| 2012 | -- | $29,300 -8.2% |
| 2011 | -- | $31,900 -10.4% |
| 2010 | -- | $35,600 -8% |
| 2009 | -- | $38,700 -7% |
| 2008 | -- | $41,600 +1.2% |
| 2007 | -- | $41,100 +7.6% |
| 2006 | -- | $38,200 +15.4% |
| 2005 | -- | $33,100 +26.3% |
| 2004 | -- | $26,200 +24.2% |
| 2003 | -- | $21,100 +8.2% |
| 2002 | -- | $19,500 +4.8% |
| 2001 | -- | $18,600 +9.4% |
| 2000 | -- | $17,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cherry Hill
Nearby schools
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.





