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For sale
  • Price cut: $5.1K (8/11)
    $69,900

    815 Prospect St, Lansing, MI 48912

    5beds
    3baths
    --sqft
    : 
    $611/mo
    Get pre-qualified
    Triplex
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Architectural detailsSpacious layoutMany original hardwood floors
    Unlock the potential of this oversized brick investment property in Lansing's Eastside redevelopment area. Previously configured as a 3-unit, this property offers multiple value-add opportunities for investors, flippers, and landlords looking for their next project. With the potential for up to 8 bedrooms and 3 full baths, the spacious layout provides flexibility for a variety of renovation plans. Many original hardwood floors, woodwork, and architectural details remain, making it an excellent candidate for a high-value restoration. This is a full-rehab project requiring major mechanical updates, but the size, character, and income potential make it well worth the investment. Whether you're building long-term rental cash flow, planning a fix-and-flip, or restoring a historic property, this is an opportunity to add significant value.
    26 days
    |
    1,019
    |
    74
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Hall 517-712-8329,

    Achieve Real Estate LLC 517-258-0589

    Source: Greater Lansing AOR,MLS#: 297891MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Laundry: Laundry Room
      Features
      • Basement: Full
      Interior area
      • Finished area above ground: 2,460

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, No Garage
      • Has uncovered spaces: Yes
      Features
      • Levels: Two and One Half
      • Stories: 1
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 33 x 132
      Details
      • Parcel number: 33010115305101
      • Zoning description: Zoning

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Vinyl Siding, Brick
      • Roof: Shingle
      Condition
      • Year built: 1903

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Green Oak
      Location
      • Region: Lansing

      Financial & listing details

      • Tax assessed value: $57,036
      • Annual tax amount: $4,490
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,289/mo

        Price history

        DateEventPrice
        8/11/2026Price change$69,900-6.8%
        Source: Greater Lansing AOR #297891 Report a problem
        7/24/2026Listed for sale$75,000+87.5%
        Source: Greater Lansing AOR #297891 Report a problem
        7/10/2026Sold$40,000-49.9%
        Source: Public Record Report a problem
        7/9/2026Price change$79,900-6%
        Source: Realcomp II #20261050138 Report a problem
        7/1/2026Listed for sale$85,000+193.1%
        Source: Realcomp II #20261050138 Report a problem
        12/29/2020Sold$29,000-3%
        Source: Greater Lansing AOR #249174 Report a problem
        12/2/2020Pending sale$29,900
        Source: Century 21 Looking Glass - East #249174 Report a problem
        10/16/2020Listed for sale$29,900
        Source: Century 21 Looking Glass - East #249174 Report a problem
        10/15/2020Pending sale$29,900
        Source: Century 21 Looking Glass - East #249174 Report a problem
        8/27/2020Listed for sale$29,900+239.8%
        Source: Century 21 Looking Glass - East #249174 Report a problem
        12/15/2014Sold$8,800-11.1%
        Source: Greater Lansing AOR #65042 Report a problem
        11/5/2014Listed for sale$9,900-2.9%
        Source: Tomie Raines Inc. #65042 Report a problem
        9/25/2014Listing removed$10,197
        Source: Homepath #63361 Report a problem
        9/25/2014Price change$10,197-19%
        Source: Homepath #63361 Report a problem
        9/11/2014Price change$12,590-9.4%
        Source: Tomie Raines Inc. #63361 Report a problem
        8/15/2014Price change$13,900-10.3%
        Source: Homepath #60188 Report a problem
        7/15/2014Price change$15,490-8.3%
        Source: Homepath #60188 Report a problem
        6/14/2014Listed for sale$16,900-45%
        Source: Tomie Raines Inc. #60188 Report a problem
        2/18/2014Sold$30,736-5.4%
        Source: Public Record Report a problem
        2/1/2008Sold$32,500-64.4%
        Source: Public Record Report a problem
        1/11/2007Sold$91,324-14.7%
        Source: Public Record Report a problem
        4/5/2006Sold$107,000+54.2%
        Source: Public Record Report a problem
        8/6/2002Sold$69,400
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,490 +0.4%$88,600 +15.8%
        2024$4,473 $76,500 +24.4%
        2023-- $61,500 +13.9%
        2022-- $54,000 +14.2%
        2021-- $47,300 +30.3%
        2020-- $36,300 +4.6%
        2019$2,185 $34,700 +17.2%
        2018$2,185 -61.6%$29,600
        2017$5,695 $29,600 +1.7%
        2016$5,695 $29,100 +2.8%
        2015$5,695 $28,300 -14%
        2014$5,695 $32,900 -2.1%
        2013-- $33,600 -10.4%
        2012-- $37,500 -13%
        2011-- $43,100 -14.8%
        2010-- $50,600 -10.4%
        2009-- $56,500 -9.3%
        2008-- $62,300 +0.2%
        2007-- $62,200 +2.3%
        2006-- $60,800 +16.5%
        2005-- $52,200 +6.1%
        2004-- $49,200 +17.7%
        2003-- $41,800 +20.5%
        2002-- $34,700 +14.9%
        2001-- $30,200 +6.7%
        2000-- $28,300
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Green Oaks

        Getting around

        83 / 100
        Very Walkable
        52 / 100
        Good Transit
        77 / 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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