MLS # 297017 (Greater Lansing Association of REALTORS®)

Welcome to 837 E Shiawassee Street, a turn-key investment opportunity in the heart of Lansing. This maintained triplex features spacious units, each offering 2 bedrooms and 1 full bathroom. Tenants pay all utilities, helping maximize cash flow. Ideally located near University of Michigan Health-Sparrow, Neogen, downtown Lansing, and the Stadium District, the property benefits from strong and consistent rental demand. Current rents are below market value, presenting significant upside potential with projected gross monthly rental income exceeding $3,000. The property also includes a detached three-car garage, providing additional storage, parking, or future income opportunities. Whether you're looking to expand your portfolio or occupy one unit while generating rental income.
Source: SparkMLS
This 3-bath home built in 1888 sits in Lansing in Lansing.
Currently offered at $229,900.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Benjamin Parker
Apex Appraisal Company LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
837 E SHIAWASSEE Street, Lansing, MI 48912
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Municipality
Lansing
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