$349,900

1214 N Chestnut St Lansing, MI 48906

$4,155
Closing credit¹
0.3 acres
Multi-Family

Property details

About 1214 N Chestnut St

Presenting a fantastic investment opportunity in the heart of Lansing! This property includes three fully occupied units at 1214 N Chestnut, along with the adjacent 1216 N Chestnut, offered as a portfolio sale. In total, these properties boast 7 units, all with reliable tenants in place, ensuring immediate rental income. Priced at $349,900 (for both properties), this is a prime chance to add a well-maintained multi-unit investment to your portfolio in a growing area. The properties are being sold together, offering great potential for steady cash flow and long-term value. Don't miss out on this turnkey investment—contact us today for more details or to schedule a tour! Call the list agent for a showing. 72 hours needed in advance.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.25 Acres
Year built1920
ParkingCommon, Driveway, On Street, Parking Lot
MLS #285956

Summary

  • MLS Number: 285956
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: Bellabay Realty, LLC
  • Office Phone: (616) 871-9200
  • Office Email: mike@bellabayrealty.com
  • Listing Agent: Erika R Sheets

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$349,900

1214 N Chestnut St

$4,155

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

5

Willow School

Public District PK-4

0.4 mi

1012 W Willow St

1

Gier Park School

Public District PK-3

1.0 mi

401 E Gier St

3

Cumberland School

Public District PK-3

1.6 mi

2801 Cumberland Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,667. Most Lansing, MI residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

61%
<35k
33%
35k-100k
2%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
19%
Single, with Kids
9%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
33%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1214 N Chestnut St in Lansing, MI and zip code 48906 in the Westside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $349,900.

Lansing, MI housing market in February 2025 saw over 29 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. The number of homes for sale in Lansing, MI decreased by 4.9% between January and February 2025. The median list price of listings available in February 2025 was $155,997, while the average time on the real estate market was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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