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1612 S Washington Avenue, 
Lansing, MI 48910

$177,500

—

Bed

2

Baths

-

Sq Ft

Multi-Family

Active

Listed by

John Hagerty, Jr.

Five Star Real Estate - Lansing

517-507-0068

Last updated:

March 19, 2026, 04:01 PM

MLS#

294468

Source:

MI GLAR

About This Home

1612 S Washington Avenue

TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4 UNITS INCLUDING 3- EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ENJOY THE CONVENIENCE OF ONSITE COIN-OPERATED LAUNDRY, PROVIDING ADDITIONAL INCOME STREAM FOR THE OWNER, AS WELL AS A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS & GUESTS. PRIME LOCATION ON CATA BUS LINE & CLOSE TO DOWNTOWN LANSING, REO TOWN, & OLD TOWN WITH EASY ACCESS TO GROCERY & DINING. INVESTOR ALERT! SELLER HAS A 2ND RENTAL OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1614 S WASHINGTON, WHICH IS ALSO A QUADPLEX CURRENTLY FOR SALE CREATING THE POTENTIAL TO OWN EIGHT SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. THIS IS AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO WITH A SOLID INCOME-PRODUCING PROPERTY.

Home Facts

Multi-Family

2 Baths

Built in 1890

Price Summary

177,500

MLS #:

294468

Last Updated:

March 19, 2026, 04:01 PM

Added:

9 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Structure

Structure

Year Built:

1890

Lot

Lot Size (Sq. Ft):

6,098

Finances & Disclosures

Finances

Price:

$177,500

Source:MI GLAR
The information being provided by Greater Lansing Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Lansing Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.