GREAT INVESTMENT OPPORTUNITY! ALL UNITS OCCUPIED! Calling all Lansing area new or seasoned investors - 3X's the Income - This one is not to miss! This sought-after 3-unit provides Great Immediate Income. Rents total approximately $2,757 per month currently with potential room for growth. Prime locattion near Lansings Stadium District, Downtown, Sparrow Hospital, MSU Campus and highways/bus routes.
Conveniently located near downtown this three-unit rental offers newer vinyl siding, windows, flooring, paint, and lower roof NEW. All units are rented! All units have separate utilities, including water which is quite costly to do and very rare. Don't miss out on this money-making opportunity!
This property is part of a multi-unit portfolio with diverse income potential. * 131 S Hosmer: 3 UNIT- 2; 2 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented in current leases. Please allow at least 24 hours to schedule showings due to tenant notice.
*Financials & leases available upon request
For sale
Price cut: $4.9K (4/11)
$175,000
131 S Hosmer St, Lansing, MI 48912
5beds
3baths
--sqft
Est.:
MultiFamily
Built in 1895
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 156 days
- on Zillow |
- 307 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 07:53am
Listed by:
Amber Redman 517-881-6658,
Five Star Real Estate - Lansing 517-507-0068
Source: Greater Lansing AOR,MLS#: 285479

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Laundry: Other
Features
- Flooring: Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Finished area above ground: 1,803
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Lighting
Lot
- Size: 4,356 Square Feet
- Dimensions: 33 x 125
- Features: Front Yard, Near Public Transit, Corner Lot
Details
- Parcel number: 33010115303051
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Green Oak
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $56,070
- Annual tax amount: $4,583
- Date on market: 5/4/2025
- Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
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