Buyer financing fell through! Solid investment property with long rental history. This two-story single-family home has 1,766 sq ft, 5 bedrooms, and 2 bathrooms. Parking is on the street, in a shared lot, or in an empty lot across the street. Extensive renovations, including new carpet, two new windows, new central air, new kitchen countertops, and new appliances in 2025. The current tenant is paying $1,500 per month under a lease that ends on 12/31/26. The City of Lansing rental license expires on 10/1/27. This property is one of 2 investment properties located next door to each other, being sold individually or as a package (425 and 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. The property holds a Section 8 certificate.
Single-familyProperty Type
1913Year Built
1,742 sq ftLot Size
$96Price/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
Offer insights
433 N Butler Blvd · $170,000
$170K and above
75% chance or better to win
Why $170K+ is a strong offer
DAYS ON MARKET
196 days
The average home goes pending in 40 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Disposal
Water heater
Full basement
Bedrooms
Total rooms: 8
Bathrooms
2 full bathrooms
Kitchen
Microwave
Oven
Refrigerator
Dishwasher (disposal listed separately)
Laundry & utility
Washer
Dryer
Laundry located in basement
Flooring
Carpet
Laminate
Linoleum
Heating & cooling
Forced air heating (natural gas)
Central air conditioning
Exterior features
Front porch
City street frontage
Public maintained road
Home design
Faces east
Two levels
Residential, Single Family Residence
Currently used as investment
Parking
Parking lot
Shared driveway
Construction
Vinyl siding
Shingle roof
Block foundation
Foundation area: 880
Utilities
Public water
Public sewer
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
65
44
48
35
34
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 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.
10.1 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 433 N Butler Blvd
$168,311
$1,689 under list price of $170K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $112K to $195K.