Property Back to Market Report Property

217 N Magnolia Avenue, Lansing, MI 48912

$125,000
2
BA
Property Back to Market Report Property
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Sold Price
$125,000
List Price
$150,000
Status
CLOSED
Days on Market
0
Closing Date
Apr 03, 2026
MLS#
294186
Year Built
1907
Bathrooms
2
Lot Size
8,232
Acres
0.19
Subdivision
Columbia Park
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Property Description

This 2-unit duplex on the desirable east side of Lansing offers an outstanding investment opportunity just minutes from MSU, Downtown Lansing, and the Frandor Shopping Center. Currently fully occupied and generating $2,160 per month in rental income, this property provides immediate, reliable cash flow. Each unit offers comfortable living space with access to a shared unfinished basement with shared laundry and a fully fenced backyard that adds privacy and outdoor enjoyment for tenants. A detached two-car garage further enhances the property's value and convenience. With its prime location near major employers, shopping, dining, and campus amenities, this duplex is a smart addition to any investment portfolio.

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Additional Information

Appliances
Gas Water Heater
Heating
Central, Natural Gas
Air Conditioning
None
Exterior Features
Shingle Siding
Levels
Two
Garage Spaces
2
School District
Lansing
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Listing courtesy of Listing Agent: Michaela Martin (michaelamartinrealtor@gmail.com) from Listing Office: RE/MAX Real Estate Professionals.

Listing courtesy of Michaela Martin from RE/MAX Real Estate Professionals


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