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About This Home

This 3-bedroom, 2-bathroom residential multi family at 1601 Bailey Street in Lansing, MI is listed for $155,000. Built in 1908, on a 0.11 acres lot.

Agent Description

Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $700, and the lower unit currently occupied at $1,024.

The property also includes a coin-operated laundry facility, providing a great opportunity for additional income. With a strong rental history and desirable location, this property is ideal for investors looking to maximize their return. Don't miss this exceptional opportunity!

Key Features

  • Built in 1908
  • 0.11 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1908

Monthly Cost Estimate

$829/mo

20% down · 6.5% · 30 years

Principal$112
Interest$672
Insurance$45

Estimates only. Actual payments may vary.

Location

1601 Bailey Street

Lansing, MI 48910

Features & Amenities

Exterior Features

Private Entrance

Property Details

Construction

Vinyl Siding

Pool Features

Porch

Parking

DrivewayGarage

Heating

Natural GasForced Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 1601 Bailey Street is listed at $155,000. The estimated monthly payment is $672 based on 20% down at 6.5% interest.

Key features include: Built in 1908, 0.11 acre lot, 2 stories, 2 parking spaces. Exterior Features: Private Entrance.

This property is listed by Tina Batterson and can be reached at 5177759055 or tina.hometowne@gmail.com.

TB

Tina Batterson

Agent at Home Towne Real Estate

(517) 775-9055

Listed by Home Towne Real Estate

MLS# 294168· Source: listhub· Updated 42 days ago

Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1601 Bailey Street, Lansing, MI 48910

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