Pending
427-429 LIBERTY Street, Lansing, MI 48906
$244,900
MLS # 296306 (Greater Lansing Association of REALTORS®)
Built 20040.25 acres
1 / 42
Listing Description
Rare opportunity to own a duplex built in 2004. Newer construction means poured foundation walls, vinyl siding, vinyl windows, PVC plumbing, and newer electrical so you can focus on cash flow instead of major capital expenses. Properties like this simply do not come available often. This duplex is priced with strong returns in mind, offering room for immediate cash flow without the need to raise rents on day one. Whether you are adding to your portfolio or looking for a low maintenance entry into investing, this property checks the boxes. The tenant is month-to-month creating opportunities for owner occupants or FHA buyers. The location is hard to beat. Walking distance to Old Town and just minutes from the Michigan State Capitol, Cooley Law School, Lansing Community College, and Eastwood
Source: SparkMLS
About this home
Listed at $244,900.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms0
Lot Size0.25 acres
Year Built2004
Location
CityLansing
MunicipalityLansing City
Zip Code48906
CountyIngham
Construction & Systems
ConstructionStucco, Vinyl Siding
HeatingForced Air
UtilitiesCable Available
Sale & Financing
Listed5/27/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Scott E Wheaton
RE/MAX Real Estate Professionals
Frequently Asked Questions about 427-429 LIBERTY Street, Lansing, MI 48906
Is 427-429 LIBERTY Street, Lansing, MI 48906 eligible for USDA financing?
Per USDA Rural Development boundary data, 427-429 LIBERTY Street, Lansing, MI 48906 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 427-429 LIBERTY Street, Lansing, MI 48906 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Lansing City police department or the Ingham County sheriff's office.
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Monthly payment$1,588
Principal & interest$1,588
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
427-429 LIBERTY Street, Lansing, MI 48906
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Municipality
Lansing
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