Turn-key investment opportunity in Lansing! This licensed duplex has been extensively updated and is ready for its next owner. Featuring an upper and lower unit with a shared entry hallway, shared basement with laundry hookups, and two separate driveways for convenient off-street parking, this property offers strong rental potential and low-maintenance ownership. Gas and electric are separately metered, allowing tenants to pay their own utilities. Major improvements have already been completed, including a new furnace and central air conditioning in the lower unit, new high-efficiency mini-split systems in the upper unit, a new basement drainage and sump pump system, new glass block basement windows, a new deck and exterior staircase, and a new crushed asphalt driveway. The property has also been refreshed with new light fixtures throughout, fresh interior paint, updated landscaping, and tree trimming. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this well-maintained duplex offers peace of mind with substantial recent updates and an active City of Lansing rental license already in place.
For sale
$149,900
607 Shepard St, Lansing, MI 48912
2beds
2baths
--sqft
Duplex
Built in 1896
-- sqft lot
$150,200 Zestimate®
$--/sqft
$-- HOA
What's special
Tree trimmingFresh interior paintUpdated landscapingNew crushed asphalt drivewayNew light fixtures throughout
- 4 days |
- 174 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
David Hall 517-712-8329,
Achieve Real Estate LLC 517-258-0589
Source: Greater Lansing AOR,MLS#: 297047
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Ductless, Forced Air, Heat Pump, Natural Gas
Cooling
- Central Air, Ductless, Heat Pump, Varies by Unit
Appliances
- Included: Electric Water Heater
- Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Features
- Flooring: Carpet, Linoleum, Vinyl
- Windows: Blinds
- Basement: Full,Sump Pump,Shared
Interior area
- Finished area above ground: 1,472
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Fencing: None
Lot
- Size: 8,276 Square Feet
- Dimensions: 66 x 127.1
Details
- Parcel number: 33010115485012
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1896
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Paul Park
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $34,137
- Annual tax amount: $2,669
- Date on market: 6/24/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$150,200
$143,000 - $158,000
$1,120/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $149,900+76.4% |
Source:  Greater Lansing AOR #297047 Report a problem | ||
| 6/26/2025 | Listing removed | $85,000 |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 6/11/2025 | Price change | $85,000-22.7% |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 5/24/2025 | Listed for sale | $110,000 |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 4/8/2025 | Pending sale | $110,000 |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 4/8/2025 | Price change | $110,000+10.1% |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 2/14/2025 | Listed for sale | $99,900 |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 12/27/2024 | Pending sale | $99,900+29.4% |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 12/13/2024 | Sold | $77,174-22.7% |
Source: Public Record Report a problem | ||
| 11/14/2024 | Listed for sale | $99,900+32.3% |
Source: Greater Lansing AOR #284871 Report a problem | ||
| 2/2/2021 | Listing removed | -- |
Source:  Greater Lansing AOR Report a problem | ||
| 11/27/2020 | Price change | $75,500-5% |
Source: Real Estate Warehouse L.L.C. #251268 Report a problem | ||
| 11/7/2020 | Listed for sale | $79,500+591.3% |
Source: Real Estate Warehouse L.L.C. #251268 Report a problem | ||
| 9/29/2018 | Listing removed | $625 |
Source: Owner Report a problem | ||
| 8/22/2018 | Listed for rent | $625 |
Source: Owner Report a problem | ||
| 1/31/2012 | Sold | $11,500-83.3% |
Source: Public Record Report a problem | ||
| 2/28/2011 | Sold | $68,694+44.9% |
Source: Public Record Report a problem | ||
| 12/16/2003 | Sold | $47,400 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,669 | $51,300 +21% |
| 2023 | -- | $42,400 +19.8% |
| 2022 | -- | $35,400 +6% |
| 2021 | -- | $33,400 +4.7% |
| 2020 | -- | $31,900 +16.4% |
| 2019 | $2,454 | $27,400 +3.4% |
| 2018 | $2,454 -51.4% | $26,500 |
| 2017 | $5,054 | $26,500 +1.5% |
| 2016 | $5,054 | $26,100 +2.8% |
| 2015 | $5,054 | $25,400 -7.3% |
| 2014 | $5,054 | $27,400 -1.4% |
| 2013 | -- | $27,800 -6.7% |
| 2012 | -- | $29,800 -8.9% |
| 2011 | -- | $32,700 -12.8% |
| 2010 | -- | $37,500 -9.6% |
| 2009 | -- | $41,500 -8.4% |
| 2008 | -- | $45,300 -3.6% |
| 2007 | -- | $47,000 +7.3% |
| 2006 | -- | $43,800 +7.6% |
| 2005 | -- | $40,700 +9.7% |
| 2004 | -- | $37,100 +13.1% |
| 2003 | -- | $32,800 +17.6% |
| 2002 | -- | $27,900 +13.4% |
| 2001 | -- | $24,600 +8.8% |
| 2000 | -- | $22,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Shepard Street
Nearby schools
GreatSchools rating
- 4/10Pattengill AcademyGrades: PK-8Distance: 1 mi
- 5/10Eastern High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Cavanaugh SchoolGrades: PK-3Distance: 3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Ingham County
- Lansing
- 48912
- Shepard Street
- 607 Shepard St
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Nearby neighborhoods
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Other Lansing Topics
