Buyer financing fell through! Solid investment property with long rental history. This two-story duplex has 1,701 finished square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor. New blinds and fresh paint in 2025. 2 sets of W/ Ds in the basement. Shared driveway with 427 N Butler leads to a large parking lot in the rear. The upper unit is rented for $900 per month, the lower unit is rented for $800 per month, with leases through 12/31/26. The City of Lansing rental license expires on 5/1/28. This property is one of 2 properties located near each other, being sold individually or as a package (425 and 433 N Butler Blvd). Start or expand your rental portfolio. The property holds a Section 8 certificate.
Multi-familyProperty Type
1912Year Built
4,791 sq ftLot Size
$121Price/Sq.Ft.
Listed by Gary Naeyaert• EXIT Realty Home Partners
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
425/425.5 N Butler Blvd · $170,000
DAYS ON MARKET
217 days
The average home goes pending in 22 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$170,000
Median list price in this area is $164,812. (3% lower than this home)
PRICE DROP
0 price drops
12% 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
Full basement
Laundry & utility
Laundry in basement
Heating & cooling
Forced-air heating
Natural gas heating
Central air
Exterior features
Backyard
Front porch
Home design
Duplex
Two stories
Parking
Parking lot
Construction
Vinyl siding
Block foundation
Shingle roof
Utilities
Public water
Public sewer
Financial info
Five 1-bedroom units with actual rents of $800 each
Five 2-bedroom units with actual rents of $900 each
Electricity and solar
View estimated energy costs and solar savings for this home
The intent of the R-6 Urban Residential District is to preserve the historic character of Lansing's most urban neighborhoods maintaining the scale of medium-density single-family detached residences. These neighborhoods feature small lots, early 20th century-built homes often with alleys and rear loading garages. Infill development in this district should respect the historic single-family character. Typical character types include Four-Square, Craftsman, and Queen Anne vernacular types. Front-facing gable and hip roofs are typical. The intent of sub-district R-6B is to integrate attached residential units into appropriate locations at the perimeter of established residential neighborhoods. Attached residential units are intended to provide a physical transition from the adjacent busier street types, and/or non-residential uses to the purely residential neighborhood.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
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
63
44
48
35
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 28% for direct sun exposure in Lansing. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 425/425.5 N Butler Blvd
$163,928
$6,072 under list price of $170K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $138K to $195K.