$3,076 Closing Credit¹
#286191, Joseph Vitale, Listing Office: Century 21 Affiliated
$250,000 List price
130 S 8th St Lansing, MI 48912
$2,969
Closing credit¹
4 full, 1 partial
2,395 sqft
0.09 acres
$104 / 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! FHA/VA financing may be considered; however, the property may require FHA/VA repairs that the seller may not be able to complete. An optimal FHA/VA offer would likely include the buyer covering up to a certain amount of repairs, with any remaining repairs to be addressed separately. 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
- 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: 4/6/2025, 5:20:54 PM 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
$250,000
130 S 8th St
$2,969
closing credit¹
Sell your home with Rocket and save even more!
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
| 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. Residents of Lansing, MI typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living 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 $250,000.
Lansing, MI housing market in March 2025 saw over 58 listings sold above listed price, more than 15 sold at listed price and over 51 sold below. The number of homes for sale in Lansing, MI increased by 13.2% between February and March 2025. While the average time on the market in March 2025 was 49 days, the median list price was $157,524.
From Rocket Homes Real Estate and based on county public records data.