For Sale
909 Jerome Street, Lansing, MI 48912
$65,000
MLS # 297571 (Greater Lansing Association of REALTORS®)
4 bedsBuilt 18800.25 acres
1 / 28
Listing Description
Investor special with incredible income potential! This fully gutted property has been taken down to the studs, providing the perfect blank canvas to bring your vision to life. With a spacious layout and flexible floor plan, the home offers the potential to be transformed into a four-unit rental property (Zoned R-MX, subject to local approvals), making it an excellent opportunity for investors or developers. Conveniently located just across the street from the University of Michigan Health - Sparrow Hospital, just north of the Michigan Avenue corridor, this property is ideally positioned for short-term rentals, traveling healthcare professionals, or long-term tenants seeking a prime location near downtown Lansing. Much of the demolition has already been completed, allowing you to skip the
Source: SparkMLS
About this home
This 4-bedroom home built in 1880 sits in Lansing in Lansing.
Currently offered at $65,000.
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
Bedrooms4
Bathrooms0
Lot Size0.25 acres
Year Built1880
Location
CityLansing
MunicipalityLansing City
Zip Code48912
CountyIngham
Construction & Systems
ConstructionWood Siding
BasementFull
SewerPublic
Sale & Financing
Listed7/13/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jonathan Lum
EXIT Realty Home Partners
Frequently Asked Questions about 909 Jerome Street, Lansing, MI 48912
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 909 Jerome Street, Lansing, MI 48912 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 909 Jerome 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 909 Jerome Street, Lansing, MI 48912?
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.
Map
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Monthly payment$422
Principal & interest$422
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
909 Jerome Street, Lansing, MI 48912
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Municipality
Lansing
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