$1,781

closing credit¹

425/425.5 N Butler Blvd Lansing, MI 48915

$150,000
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: 2/7/2025, 11:50:54 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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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. Residents of Lansing, MI typically earn between $35k-100k each year. Most families are single, no kids. 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.

Over 29 listings were sold over their listed price in January 2025 in Lansing, MI. In the same period over 61 listings were sold below the listed price and 18 listings were sold for the listed price. Between December and January 2025, Lansing, MI real estate market has seen no change in the number of listings . In January 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $155,230.

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

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