$2,611 Closing Credit¹
#286684, David A. Barone, Listing Office: RE/MAX Real Estate Professionals
$240,000 List price
130 S 8th St Lansing, MI 48912
$2,850
Closing credit¹
4 full, 1 partial
2,395 sqft
0.09 acres
$100 / sqft
Multi-Family
Property details
About 130 S 8th St
Assume this home's 3.5% mortgage and save thousands annually! Great investment opportunity! This 4-unit multifamily property features a unit mix of (3) two-bedroom units and (1) one-bedroom unit, with tenants covering all utilities. Unit 4 is currently vacant, offering potential for a new tenant or owner-occupancy. The property includes four separate furnaces and multiple hot water tanks, with a new one installed in 2023, and functional stoves in all but one unit. With stable tenants and Section 8 rental support, this property presents a great opportunity for cash flow—don’t miss out! Existing mortgage with an unpaid balance of approximately $181,329.00 to be paid off at closing. Current monthly payment is $1,979.10 with about 26 years remaining. Possible package deal available—seller may consider package discounts for a total of four buildings: 531 Bryant St, Kalamazoo, MI 49001, 130 S 8th St, Lansing, MI 48912, 1380 College Ave, Lincoln Park, MI 48146. Monthly rent: Apartment 1 - $787 Apartment 2 - $1099 Apartment 3 - $1099 Apartment 4 - vacant
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,395 sqft
BasementYes
Lot size0.09 Acres
Year built1905
ParkingUnassigned
MLS #20250017791
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Basement: Yes
- Attached Garage: No
- Parking: Unassigned
- Exterior: Lighting
- Architectural Style: Other
- Heating: Forced Air, Natural Gas
- List Price: $240,000
- Price/SqFt: $100
- Annual Tax Amount: $7,752
- Tax Year: 2024
- Directions: N of Eureka St / W of Hill St
- Year Built: 1905
- Living Area: 2,395 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 20250017791
- MLS Name: Realcomp II Ltd
- Office Name: S&P Realty
- Office Phone: (734) 333-7219
- Listing Agent: T J Brisbois
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$240,000
130 S 8th St
$2,850
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 18, 2021 | Home Sold | $199,000 |
| Mar 14, 2012 | Home Sold | $53,324 |
| Dec 28, 2006 | Home Sold | $77,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $68,700 | $7,752 |
| 2023 | $55,400 | $2,864 |
| 2022 | $48,600 | $2,864 |
| 2021 | $42,700 | $2,864 |
| 2020 | $38,200 | $2,776 |
| 2019 | $36,500 | $2,623 |
| 2018 | $31,500 | $2,481 |
| 2017 | $30,100 | $2,481 |
History based on county public records data.
Nearby schools
5
Pattengill School
Public Magnet PK-6
1.1 mi
•815 N Fairview Ave
5
Willow School
Public District PK-4
1.8 mi
•1012 W Willow St
1
Gier Park School
Public District PK-3
1.9 mi
•401 E Gier St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,786. The majority of Lansing, MI residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
20%
Single, with Kids
7%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
36%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
UFC
Pro Wrestling
Where do the neighbors shop?
Forever 21
Family Dollar
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Burger King
Cicis Pizza
What do the neighbors drive?
Mazda
Buick
Pontiac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 130 S 8th St in Lansing, MI and zip code 48912 in the Green Oaks neighborhood. This 2,395 square foot home, which was built in 1905, sits on a 0.09 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $240,000.
In March 2025 more than 58 listings in Lansing, MI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 51 were sold below. Between February and March 2025, Lansing, MI real estate market has seen increase in the number of listings by 13.2%. In March 2025 median list price was $157,524 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.