$150,000

425/425.5 N Butler Blvd Lansing, MI 48915

$1,781
Closing credit¹
0.1 acres
Multi-Family

Property details

About 425/425.5 N Butler Blvd

Solid investment property with long rental history. This two-story duplex has 1,407 square feet, includes a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Current tenant is paying $1,250 per month on a month-to-month lease and is occupying both units. The City of Lansing rental license expires on 5/1/25. This property is one of 3 properties located next door to each other being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.11 Acres
Year built1912
ParkingAdditional Parking, No Garage, On Site, Parking Lot
MLS #286119

Summary

  • MLS Number: 286119
  • MLS Name: Greater Lansing Association of REALTORS®
  • Office Name: EXIT Realty Advantage
  • Office Phone: (517) 604-6920
  • Office Email: gary@exitadvantagerealestate.com
  • Listing Agent: Gary Naeyaert

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: 3/14/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring cooling unit and a porch

$150,000

425/425.5 N Butler Blvd

$1,781

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Willow School

Public District PK-4

1.0 mi

1012 W Willow St

4

East Intermediate School

Public District 5-6

1.3 mi

3131 W Michigan Ave

2

Cole Academy

Public Charter KG-6

1.8 mi

1915 W Mount Hope Ave

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 $59,586. Typical income of Lansing, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
64%
35k-100k
12%
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?

61%
Single, No Kids
21%
Single, with Kids
8%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
38%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 425/425.5 N Butler Blvd in Lansing, MI and zip code 48915 in the Genesse neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $150,000.

While more than 29 listings in Lansing, MI in February 2025 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Lansing, MI decreased by 4.9% between January and February 2025. In February 2025 median list price was $155,997 and the average listing age was 69 days.

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

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