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217 N Magnolia Avenue, Lansing, MI 48912

Lansing
Local realty services provided by:CENTURY 21 Affiliated
217 N Magnolia Avenue,Lansing, MI 48912
$125,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: michaela martin
Office: re/max real estate professionals
MLS#:294186
Source:MI_GLAR

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Price summary

  • Price:$125,000

About this home

This 2-unit duplex on the desirable east side of Lansing offers an outstanding investment opportunity just minutes from MSU, Downtown Lansing, and the Frandor Shopping Center. Currently fully occupied and generating $2,160 per month in rental income, this property provides immediate, reliable cash flow. Each unit offers comfortable living space with access to a shared unfinished basement with shared laundry and a fully fenced backyard that adds privacy and outdoor enjoyment for tenants. A detached two-car garage further enhances the property's value and convenience. With its prime location near major employers, shopping, dining, and campus amenities, this duplex is a smart addition to any investment portfolio.

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Home facts

  • Year built:1907
  • Listing ID #:294186
  • Added:58 day(s) ago
  • Updated:April 30, 2026 at 06:48 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate
  • Basement Description:Shared

Heating and cooling

  • Heating:Central, Heating, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1907
  • Lot Features:Back Yard, Few Trees, Front Yard
  • Construction Materials:Shingle Siding
  • Exterior Features:Covered, Front Porch
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$125,000

Features and amenities

  • Appliances:Gas Water Heater
  • Laundry features:In Basement

Parking

  • Parking description:Detached, Driveway, Garage, Gravel
  • Garage spaces:2

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