Robert Bailey, IV

815 Prospect Street, Lansing, MI 48912

$69,900
  • 815 Prospect Street, Lansing, MI 48912 Main Photo

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Active Price Reduced by $5,100 on August 11th, 2026
BEDS0 BATHS MLS#297891
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGreen Oak

Property Description

Unlock the potential of this oversized brick investment property in Lansings Eastside redevelopment area. Previously configured as a 3-unit, this property offers multiple value-add opportunities for investors, flippers, and landlords looking for their next project. With the potential for up to 8 bedrooms and 3 full baths, the spacious layout provides flexibility for a variety of renovation plans. Many original hardwood floors, woodwork, and architectural details remain, making it an excellent candidate for a high-value restoration. This is a full-rehab project requiring major mechanical updates, but the size, character, and income potential make it well worth the investment. Whether youre building long-term rental cash flow, planning a fix-and-flip, or restoring a historic property, this is an opportunity to add significant value.

815 Prospect Street | MLS# 297891

This multi-family property located at 815 Prospect Street, Lansing, MI 48912 is currently listed for sale with an asking price of $69,900. Search Lansing real estate on robertbailey.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Forced Air, Natural Gas
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1903

Feature Descriptions

Days on Site: 18
Exterior: Vinyl Siding, Brick
Laundry: Laundry Room
Lot Dimensions: 33x132
Parcel #: 33-01-01-15-305-101
Parking: Driveway, No Garage
Road Surface: Paved
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: Achieve Real Estate LLC

Shown By

Agent Name: Robert Bailey, IV
Agent Phone: (419) 343-7367
Agency Title: Key Realty

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Estimated Payment

$ 411.39 per month $391.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $20.39 Homeowner's Insurance

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