For Sale
427 N Butler Boulevard, Lansing, MI 48915
$170,000
MLS # 294803 (Greater Lansing Association of REALTORS®)
6 beds4 bathsBuilt 19120.11 acres
1 / 22
Listing Description
Buyer financing fell through! Solid investment property with long rental history. This two-story single-family home has 1,838 finished square feet, including 6 bedrooms and 4 bathrooms. Finished rec room (or 7th bedroom) in basement. Extensive renovations, including new carpet, new windows, and new appliances in 2025. New A/C in 2024 and new roof in 2019. The property is vacant; the most recent tenant was paying $1,650 per month. The City of Lansing rental license expires on 8/1/28. This property is one of 3 investment properties located next door to each other being sold individually or as a package (425, 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. The property holds a Section 8 certificate., Front Door: East, Foundation Details: Block
Source: SparkMLS
About this home
Located in Lansing in Lansing, this property offers 6-bedroom, 4-bath, with original construction dating to 1912.
Asking $170,000.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms4
Lot Size0.11 acres
Year Built1912
Location
CityLansing
MunicipalityLansing City
Zip Code48915
CountyIngham
Construction & Systems
ConstructionVinyl Siding
BasementFull
SewerPublic
Sale & Financing
Listed5/20/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gary Naeyaert
EXIT Realty Home Partners
Frequently Asked Questions about 427 N Butler Boulevard, Lansing, MI 48915
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 427 N Butler Boulevard, Lansing, MI 48915 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.
Is 427 N Butler Boulevard, Lansing, MI 48915 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 427 N Butler Boulevard, Lansing, MI 48915?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
What is the crime rate in 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$1,103
Principal & interest$1,103
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 N Butler Boulevard, Lansing, MI 48915
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Municipality
Lansing
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