For Sale
529 CHERRY Street, Lansing, MI 48933
$170,000
MLS # 294596 (Greater Lansing Association of REALTORS®)
Built 19060.11 acres
1 / 27
Listing Description
Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a generous bedroom. The upper unit spans the second and third floors, offering a spacious one-bedroom layout plus an impressive loft space on the third level. This unit includes a comfortable living area and kitchen, 1.5 Bathrooms with laundry conveniently located in the basement. Each unit is separately metered, with tenants responsible for gas, electric, water, and sewer. The landlord covers lawn care,
Source: SparkMLS
About this home
Located in Lansing in Lansing, this property offers 2-bath, with original construction dating to 1906.
Listed at $170,000.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.11 acres
Year Built1906
Location
CityLansing
MunicipalityLansing City
Zip Code48933
CountyIngham
Construction & Systems
ConstructionWood Siding
HeatingForced Air
UtilitiesCable Available
Sale & Financing
Listed3/22/2026
Original Price$175,000
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Cindy Beckwith
Five Star Real Estate - Lansing
Frequently Asked Questions about 529 CHERRY Street, Lansing, MI 48933
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 529 CHERRY Street, Lansing, MI 48933 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 529 CHERRY Street, Lansing, MI 48933 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 529 CHERRY Street, Lansing, MI 48933?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. 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
529 CHERRY Street, Lansing, MI 48933
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Municipality
Lansing
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