Large 3 unit in downtown Lansing conveniently located to LCC and State Capital Complex. All units are responsible for their own utilities and have laundry facilities! Freshly painted, hardwood floors refinished and ready to go! Would make a nice owner occupied building with tenants covering your mortgage! Nice opportunity to add to your portfolio!
Multi-familyProperty Type
1892Year Built
4,791 sq ftLot Size
$92Price/Sq.Ft.
5 spacesParking
Listed by Wanda Bloomquist• Berkshire Hathaway HomeServices
Genesse, located between W Saginaw St and W Grand River Ave, is a historic and residential Lansing neighborhood with tree-lined blocks and a walkable street grid. The neighborhood’s character concentrates around the Michigan Ave corridor near the Capitol, where coffee counters, galleries, and small eateries set a steady daytime rhythm. Early-20th-century houses and compact apartment buildings give the streets a layered, lived-in architectural feel. The River Trail and nearby parks add a green edge for walking and cycling. The Michigan Theater, The Avenue Cafe, and Strange Matter Coffee anchor local culture with live shows, late-night bites, and espresso rituals.
Provided by Walk Score and Local Logic
Market insights
312 N Butler Blvd · $225,000
DAYS ON MARKET
49 days
The average home goes pending in 12 days.
SALE-TO-LIST
101.1%
Most homes are selling 1% above list price.
LIST PRICE
$225,000
Median list price in this area is $153,310. (32% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Crawl space
Bedrooms
Unit mix includes seven 2-bedroom units and three 1-bedroom units
Bathrooms
One bathroom per unit
Laundry & utility
In-unit laundry
Flooring
Carpet, hardwood, and vinyl flooring
Heating & cooling
Electric and natural gas heating
No cooling
Exterior features
Front porch
Partial fencing
City lot
Home design
Triplex
Two levels
Parking
Five common on-site parking spaces
No garage
Security
Smoke detectors
Fire alarm
Construction
Vinyl siding
Shingle roof
Utilities
Public water
Public sewer
Financial info
Actual rent of $1,000 reported for four units
Electricity and solar
View estimated energy costs and solar savings for this home
The R-MX Mixed Residential District is intended to accommodate a mixture of housing types along corridors and near the downtown. Historically, these areas were single-family neighborhoods that have transitioned over time to include a mixture of housing types. Historic single-family houses should be retained where possible for their character and infill housing should respect the established scale and massing. Denser housing along corridors is intended to provide a transition to the adjacent established single-family neighborhoods.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
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 97° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lansing, MI • 48915
Average low and high temperatures (°F)
27
15
34
19
52
31
61
41
68
47
80
60
85
65
80
60
76
54
65
44
48
35
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Lansing. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 312 N Butler Blvd
$218,563
$6,437 under list price of $225K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $160K to $255K.