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Sold for $173,000
  • $173,000

    529 Cherry St, Lansing, MI 48933

    2beds
    1baths
    --sqft
    Duplex
    Built in 1906
    -- sqft lot
    $174,800 Zestimate®
    $--/sqft
    $1,135 Estimated rent

    Home value

    $174,800

    $154,000 - $198,000

    $1,135/mo

    Zestimate® history
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    $1,298/mo

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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Beckwith 517-614-2254,

    Five Star Real Estate - Lansing

    Bought with:

    Britni Houghton, 6501400240

    Five Star Real Estate - Lansing

    Source: Greater Lansing AOR,MLS#: 294596MLS Logo

    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

    Price history

    DateEventPrice
    9/1/2026Sold$173,000+1.8%
    Source: Greater Lansing AOR #294596 Report a problem
    8/31/2026Pending sale$170,000
    Source: Greater Lansing AOR #294596 Report a problem
    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
    11/2/2023Sold$136,000-2.8%
    Source: Public Record 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
    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

    Neighborhood: Cherry Hill

    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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    Estimated market value

    $174,800

    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

    $174,800