Address
819 Vine Street, Lansing, MI
Price
$ 349,900
Property Attributes
  • MLS#290277
  • Type
  • Listing Status Active Under Contract
  • CountyINGHAM
  • CityLansing
  • AreaLansing City
  • NeighborhoodAssrs 22 - Lansing
  • Zip48912
  • StyleMulti Family
  • Year Built1918
  • Taxes$ 7034
  • Price$ 349,900
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5316
  • Lot Size0.15 Acres
Data Source:
Greater Lansing AOR (GLMLS)
Property Description

5 Unit Property with a studio unit in the basement. Each unit has one bedroom and one bath. Great location near University of Michigan Sparrow, Neogen and the Stadium District! Property interior has been completely renovated. New high efficiency boiler and water heater as well! Landlord pays water, sewer and heat. Tenant pays electric. Current rents at the low end of the market, with a potential income of $5,000+/month and recent updates completed, this turn-key property is a prime investment opportunity with room to add a 6th unit! (Properties can be purchased together: 819 & 833 Vine St)

Price History
5/19/2026 Listed $349,900

General Features

Sewer Public Sewer
Heating Baseboard,Hot Water
Cooling None
Appliances Dishwasher,Refrigerator
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1918
Township Lansing City
Levels Two
Property Subtype Multi Family
Tax Year 2025
Gross Income 53160.0
Business Type Residential
County Ingham
Insurance Expense 3000.0
New Construction No
Property Type Commercial Sale
Attached Garage No
Subdivision Name Assrs 22 - Lansing
Garage Y/N No
Status Active Under Contract
Directions Saginaw to Pennsylvania south to Vine
City Lansing
High School District Lansing
Zoning Description Zoning
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 6534.0
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 7034.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active Under Contract
Tax Assessed Value 89349
MobileHomeRemainsYN No
Legal Description S 111 FT OF E 59.5 FT LOT 8 BLOCK 5 JEROMES ADD
Senior Community None

Interior Features

Basement Full
Flooring Vinyl
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Above Grade Finished Area 3344.0
Laundry Features Common Area,In Basement
Total Baths 5

Exterior Features

Parking Features Asphalt,Parking Lot
Lot Features Near Public Transit,Corner Lot
Water Source Public
Total Parking 5.0
Lot Size Area 0.15
Building Area Total 5316.0
Lot Dimensions undefinedxundefined
Lot Size Acres 0.15
Waterfront Y/N No
Foundation Area 5316.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in 48912

Price
AVG $320K
$350K
Taxes
AVG $22,739
$7,034
Year Built
AVG 1953
1918