Pending
831 Vine Street, Lansing, MI 48912
$109,000
MLS # 26023225 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,429 sqftBuilt 18750.14 acres
1 / 30
Listing Description
Whether you're starting your rental business or expanding your existing portfolio, this property is an ideal opportunity. Great cashflow! $1550/month rent. This newly vinyl sided 2 and 1 duplex is rented into 2026 so start making money the day you close.Located in a high-demand area near Sparrow Hospital, LCC, Cooley Law and the Michigan ave corridor, the demand for this location is not slowing down. An optional, third-party management company is available to continue service for the new owner. Do not let this one slip by, schedule your showing today!!!
Source: SparkMLS
About this home
Located in Lansing in Lansing, this property offers 3-bedroom, 2-bath, 1,429 sq ft, with original construction dating to 1875.
Listed at $109,000 (about $76/sq ft).
Estimated annual property tax: $3,559, or about $297 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
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
Bedrooms3
Bathrooms2
Living Area1,429 sqft
Lot Size0.14 acres
Year Built1875
Stories2
Location
CityLansing
MunicipalityLansing City
Zip Code48912
CountyIngham
School DistrictLansing
Construction & Systems
StyleColonial, Historic, Traditional
ConstructionVinyl Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesCable Available, Natural Gas Connected
Sale & Financing
Listed5/18/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,559
Tax Year2025
State Equalized Value$68,700
Taxable Value$43,794
Assessed Value$43,794
Parcel #33-01-01-15-152-101
Source: Public Records
Legal Description
W 1/2 LOT 6 BLOCK 5 JEROMES ADD
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jacob W Horman
EXP Realty LLC
Frequently Asked Questions about 831 Vine Street, Lansing, MI 48912
Which school district serves 831 Vine Street, Lansing, MI 48912?
Per MLS# 26023225, 831 Vine Street, Lansing, MI 48912 is in the Lansing boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lansing directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26023225, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 831 Vine Street, Lansing, MI 48912?
Per public tax records, annual property taxes for this property are $3,559 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 831 Vine 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.
Is 831 Vine Street, Lansing, MI 48912 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 831 Vine Street, Lansing, MI 48912?
Per Michigan Public Service Commission service territory data: Electric: Lansing Board of Water & Light. Gas: Consumers Energy Company. Sewer: Public. Water: 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$707
Principal & interest$707
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
831 Vine Street, Lansing, MI 48912
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Municipality
Lansing
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