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For sale
  • Price cut: $5K (5/15)
    $170,000

    529 Cherry St, Lansing, MI 48933

    2beds
    1baths
    --sqft
    : 
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    Duplex
    Built in 1906
    -- sqft lot
    $167,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    In-unit laundryGenerous bedroom
    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!
    102 days
    |
    216
    |
    10
    |

    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#: 294596MLS Logo

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      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: $2,744
      • Date on market: 3/23/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $167,700

        $159,000 - $176,000

        $1,021/mo

        Price history

        DateEventPrice
        5/15/2026Price change$170,000-2.9%
        Source: Greater Lansing AOR #294596 Report a problem
        3/23/2026Listed for sale$175,000+28.7%
        Source: Greater Lansing AOR #294596 Report a problem
        10/27/2023Sold$136,000-2.8%
        Source: Greater Lansing AOR #275413 Report a problem
        9/2/2023Contingent$139,900
        Source: Greater Lansing AOR #275413 Report a problem
        8/20/2023Listed for sale$139,900+24.9%
        Source: Greater Lansing AOR #275413 Report a problem
        2/17/2018Listing removed$112,000
        Source: RE/MAX Real Estate Pros GrRive #219600 Report a problem
        2/12/2018Pending sale$112,000
        Source: RE/MAX Real Estate Professionals #219600 Report a problem
        8/9/2017Price change$112,000-2.6%
        Source: RE/MAX Real Estate Professionals #219600 Report a problem
        6/12/2017Listed for sale$115,000+15%
        Source: RE/MAX Real Estate Pros GrRive #216913 Report a problem
        8/14/2006Sold$100,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cherry Hill

        Getting around

        73 / 100
        Very Walkable
        56 / 100
        Good Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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