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  • $229,900

    837 E Shiawassee St, Lansing, MI 48912

    6beds
    3baths
    --sqft
    : 
    $1,933/mo
    Get pre-qualified
    Triplex
    Built in 1888
    -- sqft lot
    $222,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious unitsAdditional storageDetached three-car garage
    Welcome to 837 E Shiawassee Street, a turn-key investment opportunity in the heart of Lansing. This maintained triplex features spacious units, each offering 2 bedrooms and 1 full bathroom. Tenants pay all utilities, helping maximize cash flow. Ideally located near University of Michigan Health-Sparrow, Neogen, downtown Lansing, and the Stadium District, the property benefits from strong and consistent rental demand. Current rents are below market value, presenting significant upside potential with projected gross monthly rental income exceeding $3,000. The property also includes a detached three-car garage, providing additional storage, parking, or future income opportunities. Whether you're looking to expand your portfolio or occupy one unit while generating rental income.
    40 days
    |
    396
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin Parker 517-290-5100,

    Apex Appraisal Company LLC 517-487-0611

    Source: Greater Lansing AOR,MLS#: 297017MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Crawl Space,Interior Entry,Michigan
      Interior area
      • Finished area above ground: 2,960

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Detached, Driveway, Garage
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 49.5 x 168.96
      Details
      • Parcel number: 33010115104131
      • Zoning description: Zoning

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1888

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Assrs 22 - Lansing
      Location
      • Region: Lansing

      Financial & listing details

      • Tax assessed value: $82,376
      • Annual tax amount: $6,603
      • Date on market: 6/24/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $222,900

        $212,000 - $234,000

        $1,434/mo

        Price history

        DateEventPrice
        6/24/2026Listed for sale$229,900+2.2%
        Source: Greater Lansing AOR #297017 Report a problem
        3/12/2026Listing removed$225,000
        Source: Greater Lansing AOR #290321 Report a problem
        11/7/2025Listed for sale$225,000
        Source: Greater Lansing AOR #290321 Report a problem
        10/15/2025Pending sale$225,000
        Source: Greater Lansing AOR #290321 Report a problem
        9/10/2025Contingent$225,000
        Source: Greater Lansing AOR #290321 Report a problem
        8/8/2025Listed for sale$225,000+48%
        Source: Greater Lansing AOR #290321 Report a problem
        3/24/2023Sold$152,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,603 +112.8%$94,100 +21%
        2024$3,104 $77,800 +17.7%
        2023-- $66,100 +282.1%
        2022-- $17,300 +4.2%
        2021-- $16,600 -62.4%
        2020-- $44,200 +20.8%
        2019$2,471 $36,600 +19.2%
        2018$2,471 +2.1%$30,700
        2017$2,420 $30,700 +1.7%
        2016$2,420 $30,200 +2.4%
        2015$2,420 $29,500 -0.7%
        2014$2,420 $29,700 -2.6%
        2013-- $30,500 -8.1%
        2012-- $33,200 -12.9%
        2011-- $38,100 -15%
        2010-- $44,800 -14.5%
        2009-- $52,400 -9.7%
        2008-- $58,000 +3.4%
        2007-- $56,100 +7.7%
        2006-- $52,100 +14.5%
        2005-- $45,500 +8.1%
        2004-- $42,100 +31.6%
        2003-- $32,000 +22.1%
        2002-- $26,200 +3.1%
        2001-- $25,400 +7.6%
        2000-- $23,600
        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: Eastern

        Getting around

        67 / 100
        Somewhat Walkable
        50 / 100
        Good Transit
        64 / 100
        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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