Under Contract
607 SHEPARD Street, Lansing, MI 48912
$149,900
MLS # 297047 (Greater Lansing Association of REALTORS®)
Built 18960.19 acres
1 / 35
Listing Description
Turn-key investment opportunity in Lansing! This licensed duplex has been extensively updated and is ready for its next owner. Featuring an upper and lower unit with a shared entry hallway, shared basement with laundry hookups, and two separate driveways for convenient off-street parking, this property offers strong rental potential and low-maintenance ownership. Gas and electric are separately metered, allowing tenants to pay their own utilities. Major improvements have already been completed, including a new furnace and central air conditioning in the lower unit, new high-efficiency mini-split systems in the upper unit, a new basement drainage and sump pump system, new glass block basement windows, a new deck and exterior staircase, and a new crushed asphalt driveway.
Source: SparkMLS
About this home
1-bath home in Lansing in Lansing built in 1896.
Asking $149,900.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms1
Lot Size0.19 acres
Year Built1896
Location
CityLansing
MunicipalityLansing City
Zip Code48912
CountyIngham
Construction & Systems
ConstructionVinyl Siding
HeatingHeat Pump, Forced Air
Sale & Financing
Listed6/23/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Hall
Achieve Real Estate LLC
Frequently Asked Questions about 607 SHEPARD Street, Lansing, MI 48912
Is 607 SHEPARD Street, Lansing, MI 48912 eligible for USDA financing?
Per USDA Rural Development boundary data, 607 SHEPARD Street, Lansing, MI 48912 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, 607 SHEPARD Street, Lansing, MI 48912 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.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$972
Principal & interest$972
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
607 SHEPARD Street, Lansing, MI 48912
View full property history →
Municipality
Lansing
View all listings →
Get email alerts for new listings near 607 SHEPARD Street
We'll notify you when something hits the market in Lansing or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.