Opportunity knocks at 4138 Lapeer Rd. This versatile, income-producing property offers flexibility that is getting harder to find and easier to profit from. Situated on nearly 1 acre, this 3-unit setup is ideal for investors, owner-occupants, or anyone looking to create a multi-generational living arrangement with built-in privacy. The main level features a spacious 2-bedroom unit complete with a full kitchen, full bath, comfortable living area, and an additional unfinished Florida room ready for your finishing touches. Upstairs offers a separate 1-bedroom unit with its own kitchen, living space, and potential for a second bedroom, along with a private walkout balcony. Above the garage, a third unit presents a value-add opportunity for the right buyer willing to put in some work and unlock additional rental income. Major mechanical updates have already been taken care of, including a newer roof, furnace, and central air system, all replaced within the past 2 to 3 years. That means less upfront expense and more focus on cash flow or customization. Whether you are looking to house hack and offset your mortgage, expand your rental portfolio, or convert the property back into a spacious single-family home with separate living quarters, the options here are wide open. Functional, and full of potential. Properties like this do not sit long.
Single-familyProperty Type
1947Year Built
0.86 acresLot Size
$86Price/Sq.Ft.
2 car garageParking
Listed by Chad Eldridge• Real Estate For A CAUSE
Bought with Daniel Gullion• Real Estate For A CAUSE
Est. $2,399 per month, based on comparable rentals
Sale and tax history for 4138 Lapeer Rd
Sale History
Tax History
Date
Event
Price
Greater Lansing AoR #60976677
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 6, 2026
Pending
—
Apr 1, 2026
Price Changed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$179,900
$119/sq ft
Greater Lansing AoR #60976691
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 6, 2026
Pending
—
Apr 1, 2026
Price Changed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$179,900
$119/sq ft
Opportunity knocks at 4138 Lapeer Rd. This versatile, income-producing property offers flexibility that is getting harder to find and easier to profit from. Situated on nearly 1 acre, this 3-unit setup is ideal for investors, owner-occupants, or anyone looking to create a multi-generational living arrangement with built-in privacy. The main level features a spacious 2-bedroom unit complete with a full kitchen, full bath, comfortable living area, and an additional unfinished Florida room ready for your finishing touches. Upstairs offers a separate 1-bedroom unit with its own kitchen, living space, and potential for a second bedroom, along with a private walkout balcony. Above the garage, a third unit presents a value-add opportunity for the right buyer willing to put in some work and unlock additional rental income. Major mechanical updates have already been taken care of, including a newer roof, furnace, and central air system, all replaced within the past 2 to 3 years. That means less upfront expense and more focus on cash flow or customization. Whether you are looking to house hack and offset your mortgage, expand your rental portfolio, or convert the property back into a spacious single-family home with separate living quarters, the options here are wide open. Functional, and full of potential. Properties like this do not sit long.
REALCOMP #20261017188
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 6, 2026
Pending
—
Apr 1, 2026
Price Changed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$179,900
$119/sq ft
REALCOMP #20261017162
Apr 15, 2026
Sold
$130,000
$86/sq ft
Apr 6, 2026
Pending
—
Apr 1, 2026
Price Changed
$150,000
$99/sq ft
Mar 15, 2026
Listed
$179,900
$119/sq ft
Public Records
Feb 19, 2021
Sold
$130,000
$86/sq ft
MiRealSource-MiMLS #50027562
Jan 6, 2021
Sold
$130,000
$86/sq ft
Jan 6, 2021
Sold
$130,000
$86/sq ft
Nov 9, 2020
Pending
—
Oct 26, 2020
Listed
$139,900
$92/sq ft
Oct 26, 2020
Listed
$139,900
$92/sq ft
REALCOMP #5050027562
Jan 6, 2021
Sold
$130,000
$86/sq ft
Nov 9, 2020
Pending
—
Oct 26, 2020
Listed
$139,900
$92/sq ft
Public Records
Jan 13, 2009
Sold
$31,600
$21/sq ft
REALCOMP #28164293
Jan 5, 2009
Sold
$29,900
$20/sq ft
Oct 1, 2008
Listed
$29,900
$20/sq ft
MiRealSource-MiMLS #20120382
Dec 31, 2008
Sold
$29,900
$20/sq ft
Nov 6, 2008
Listing Removed
—
Sep 30, 2008
Listed
$29,900
$20/sq ft
REALCOMP #5020120382
Dec 31, 2008
Sold
$29,900
$20/sq ft
Sep 30, 2008
Listed
$29,900
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,352 (+4.8%)
2024
$4,152 (+22.2%)
2023
$3,398 (−2.9%)
2022
$3,499 (+112.4%)
2021
$1,647 (−4.5%)
2020
$1,724 (+6.5%)
2019
$1,619 (+2.0%)
2018
$1,587 (+3.9%)
2017
$1,527 (+1.0%)
2016
$1,512 (−0.7%)
2015
$1,522 (+2.4%)
2014
$1,487
Public record
Beds
—
Baths
—
Stories
—
Lot width
125 ft.
Lot depth
300 ft.
Lot size
0.86 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Genesee County
APN
59-15-552-043
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached
Interior
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Natural Gas
Room Information
# of Rooms Total: 9
Has Basement
Basement Details: Partial, Unfinished
Exterior
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Covered, Deck, Porch
Roof: Asphalt
Pool Information
Pool Features: None
Building Information
Entry Location: GroundLevelwSteps
Above Grade Finished Area: 1,514
Above Grade Finished Area Units: Square Feet
Levels: Two
Construction Materials: Aluminum Siding
Foundation Details: Block
Property Features
Pets Allowed: Yes
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence
Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 125 x 300
Lot Size Units: Acres
Lot Size Acres: 0.86
Financial
Tax Information
Tax Annual Amount: $4,279.01
Utilities
Utility Information
Water Source: Private, Well
Utilities: Cable Available
Sewer: Public Sewer
Location
Schools Information
High School District: Bentley
Location Information
Directions: South on Center Rd to Lapeer Rd and head East. Home will be on the South side of the road.
Subdivision Name: SUBURBAN HOMESITES
Cross Street: Center Rd and Lippincott Rd
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.86 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Genesee County
APN: 59-15-552-043
Home facts updated by county records on Jun 11, 2026
Other
Listing Information
List AOR: RealcompIILtd
Around this home
Schools
Barhitte Elementary School
Public PreK-5 • Assigned • 1.9mi
5/10
Bentley Junior High School
Public 6-8 • Assigned • 2.1mi
3/10
Bentley Senior High School
Public 9-12 • Assigned • 2.1mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Burton, MI • 48509
Average low and high temperatures (°F)
28
14
34
18
51
30
61
39
68
47
81
59
85
64
80
59
77
54
66
43
48
34
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.5 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$154,000 – $186,000
Sell confidently with a local market expert in Burton.